7712 Granby St - Freestanding FOR SALE


Norfolk, VA 23505- Oakdale Farms
$1,876,333 USD
202-448-1716
7712 Granby St, Norfolk, VA for Sale
$1,876,333 USD
Freestanding - FOR SALE
1/5
null | 6% Cap Rate

7712 Granby St
Norfolk, VA 23505
Oakdale Farms


HIGHLIGHTS

  • Long Term Tenant
  • Strong Corporate Guarantor
  • Minimal Landlord Responsibilities
  • Strategic Location
  • High Traffic Counts
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single tenant United States Post Office (“USPS”) located at 7712 Granby Street in Norfolk, Virginia (the “Property”). The United States Postal Service has a long operating history at this location and recently executed a new 10-Year Lease with one (1), 5-year renewal option, demonstrating their commitment to the site and the market. The Property is located along Granby Street (US Route 460) in the Suburban Acres neighborhood of northern Norfolk. The Property enjoys outstanding frontage and visibility and is positioned in between a Harris Teeter Gas Station and K&K Square, a Harris Teeter anchored shopping center. The Property is surrounded by national retailers and restaurants that drive traffic to the area and is close to densely populated residential neighborhoods that provide a built-in customer base. The Property is ideally positioned at the junction of US Route 460 and Interstates 64 and 564 and is 3 miles from Naval Station Norfolk, the largest naval base in the world.

FOR SALE DETAILS

PRICE

$1,876,333 USD

PRICE/SF

$217 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

USPS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

C-2

APN/PARCEL ID

25337025

ASK ABOUT THIS PROPERTY

Austin SmithHorvath & TremblayMore Info
202-448-1716

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Austin SmithHorvath & TremblayMore Info
202-448-1716

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.