Listed by Atlas Realty Advisors
$6,070,000
1293 Perimeter Parkway
Details
Property Type Industrial
Sub Type Flex
Square Footage 30,600
Net Rentable (SqFt) 30,600
Units 1
Cap Rate 6.75%
NOI $439,734
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 07/31/2027
Remaining Term 3.9
Price per SqFt $198
Class A
Year Built 2002
Acreage 5.420
Zoning L1
Investment Type Institutional
Tenant Credit Corporate Guarantee
Lease Commencement 08/01/2002
Occupancy Date 08/01/2002
Ceiling Height 18
Loading Docks 1
Industrial | 6.75% CAP | 30,600 SF
Marketing description
1293 Perimeter Parkway is a Premier Office Building Located in the Corporate Landing Business Park in Virginia Beach, Virginia Several Miles From I-264 via Four Lane Divided Roads. Virginia Beach is Within the South Hampton Roads Area of the Hampton Roads Msa. The Property is Conveniently Located Off General Booth Boulevard Between Naval Air Station Oceana and Dam Neck Fleet Training Center. The Building is Close to a Variety of Shopping Food Service and Hotel Amenities.
Investment highlights
- Outstanding Location Near Naval Air Station Oceana, Dam Neck Fleet Training Center and Camp Pendleton State Military Reservation.
- Class a Office and Research Park With Architectural Controls and Amenities Such as Lakes and Jogging Trails.
- Minutes From Amenities Such as Restaurants, Banks and Lynnhaven Mall.
- The Property Will Be Sold Free and Clear of Any Existing Debt.
Listing Contacts
Listed by Atlas Realty Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$439,734.00
$36,644.50/mo
Valuation Metrics
0
DSCR
7.24%
Cap Rate
7.24%
ROI
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