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1620 Sentinel Dr
24,700 SF Retail Building Chesapeake, VA 23320 $7,100,000 ($287/SF) 6.46% Cap Rate
Executive Summary
Current Lease Term Expires on November 30, 2039 with two (2), Five (5) year options
6.46% CAP
Data Room Click Here to Access
Property Facts
About 1620 Sentinel Dr , Chesapeake, VA 23320
Top Performing & Largest Planet Fitness Operator with 140+ Locations Absolute NNN Lease with No Landlord Responsibilities 15 Years + Remaining Term- Plus Options (Valued at $15.1 Million Dollars) Current Lease Term Expires on November 30, 2039 with two (2), Five (5) year options 2% Annual Bumps Excellent Visibility from Interstate 64 Located in strong Power Center (Kroger Marketplace, Dick's House of sport Hampton Roads MSA Top Performing Location 6.46 % Cap Rate NOI $459,000 Excellent Visibility from Interstate 64
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Planet Fitness
- -
- -
- -
- Oct 2039
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Planet Fitness | - | - | - | Oct 2039 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0270000001590 | Improvements Assessment | $4,228,600 |
| Land Assessment | $2,815,600 | Total Assessment | $7,044,200 |
PROPERTY TAXES
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J.C. Wynkoop -
Wynkoop Realty
Presented by
1620 Sentinel Dr
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