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Inlet Fitness South 2336 Elson Green Ave

32,000 SF 100% Leased Retail Building Virginia Beach, VA 23456 $9,000,000 ($281/SF) 6.41% Cap Rate

Retail Space Virginia Virginia Beach 2336 Elson Green Ave, Virginia Beach, VA 23456

Executive Summary

Just signed Planet Fitness to an 11 year lease, taking 22,450 sq ft of the 32,000 building. The building is 100% occupied.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Health Club
Building Size
32,000 SF
Building Class
B
Year Built/Renovated
2007/2023
Price
$9,000,000
Price Per SF
$281
Cap Rate
6.41%
NOI
$577,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Land Acres
2.80 AC
Zoning
B2 - General Business District
Parking
209 Spaces (6.53 Spaces per 1,000 SF Leased)
Frontage
100 FT on Elson Green Ave

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
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Nearby Major Retailers

Navy Federal Credit Union
Starbucks
CycleBar
Burn Boot Camp
Planet Fitness
Five Guys
Ouback Steakhouse
Bank of America
Chili's Grill & Bar
Anytime Fitness
  • Robert Zirpoli
    Robert Zirpoli
  • Diversified, Inc.
(757) 286-8377

  • Listing ID: 25551594

  • Date on Market: 4/26/2022

  • Last Updated:

  • Address: 2336 Elson Green Ave, Virginia Beach, VA 23456

The Retail Property at 2336 Elson Green Ave, Virginia Beach, VA 23456 is currently available For Sale. Contact Diversified, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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Inlet Fitness South | 2336 Elson Green Ave
(757) 286-8377 x

Inlet Fitness South | 2336 Elson Green Ave

Robert Zirpoli

(757) 286-8377

(757) 286-8377

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