Church Street Executive Center
Norfolk, VA
Hunter's Square
HIGHLIGHTS
- Fully leased multi-tenant medical and professional office park featuring a strong tenant mix and stable income profile.
- Established tenants include DaVita Dialysis and multiple healthcare service providers, ensuring consistent occupancy and long-term stability.
- Diverse rent roll with staggered lease expirations through 2035, reducing rollover risk and providing predictable cash flow.
- Below-market rent levels present a significant opportunity for income growth upon renewals or re-tenanting.
- Strategically located within the Norfolk medical corridor, a thriving submarket experiencing robust healthcare demand and expansion.
- Attractive yield supported by an NOI of $371,000 and a 7.375% capitalization rate.
OVERVIEW
Sands Investment Group is pleased to exclusively offer Church Street Executive Center, located at 1711 Church St in Norfolk, VA. This fully leased, multi-tenant medical and professional office park features established tenants, including DaVita Dialysis and a variety of healthcare service providers. The property benefits from a diverse rent roll with staggered lease expirations through 2035 and below-market rents, providing significant upside potential on renewals. Church Street Executive Center represents a unique and compelling condo and parcel investment opportunity in a strong Norfolk submarket.
In Cooperation With Sands Investment Group, Inc - Lic. ##0226037527 BoR: Tom Gorman - Lic. VA #0225269275
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954-902-5258
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