120 S Lynnhaven Rd | Virginia Beach, VA 23452
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120 S Lynnhaven Rd
Virginia Beach, VA 23452
Office Property For Sale
Investment Highlights
- Owner occupant potential, with existing rental income from four in place tenants.
- Two-story, 12,000± SF office building.
- Less than 2 miles away from Lynnhaven Mall and surrounding amenities
Executive Summary
Two-story, 12,000± SF office building
Owner occupant potential, with existing rental income from four in place tenants
1,000- 5,000 ± SF available
Building signage available
Less than 2 miles away from Lynnhaven Mall and surrounding amenities
PRICE REDUCED TO $1,780,000 ($148/SF)
Owner occupant potential, with existing rental income from four in place tenants
1,000- 5,000 ± SF available
Building signage available
Less than 2 miles away from Lynnhaven Mall and surrounding amenities
PRICE REDUCED TO $1,780,000 ($148/SF)
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
12,000 SF
Building Class
B
Year Built
1978
Price
$1,780,000
Price Per SF
$148
Percent Leased
13%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,000 SF
Slab To Slab
10’
Building FAR
0.41
Lot Size
0.67 AC
Zoning
02
Parking
77 Spaces (7.28 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 1497-44-6076 | Improvements Assessment | $857,900 |
| Land Assessment | $398,800 | Total Assessment | $1,256,700 |
PROPERTY TAXES
Parcel Number
1497-44-6076
Land Assessment
$398,800
Improvements Assessment
$857,900
Total Assessment
$1,256,700
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