2414 Granby St 4,761 SF 100% Leased Flex Building Norfolk, VA 23517 $750,000 ($157.53/SF) 7.34% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully refurbished in 2022
- 2 occupants
- Fully rented
EXECUTIVE SUMMARY
Investment opportunity. Fully leased Building, refurbished in 2022 with adjacent Lot for storage or parking. Good 'Ghent' location 5 minutes from Downtown Norfolk. 2 separate leases to the same organization. Apartment lease is an annual one-year lease. The 1st Floor lease expires in March 2026 with 3 one-year options to extend. All rents current and paid on time. 1031 exchange opportunity.
PROPERTY FACTS
AMENITIES
- Central Heating
- Open-Plan
- Secure Storage
- Yard
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- STC
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| STC | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 04225400 | Improvements Assessment | $300,600 |
| Land Assessment | $60,400 | Total Assessment | $361,000 |
