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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24534265

4000 George Washington Hwy, Portsmouth, VA 23702

YW
VA 0225071835
Ikon Realty
Listed by Ikon Realty
$635,000
340 days on market
Updated 56 days ago

Standalone Retail Store with Triple Net Tenant

Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 2,502
Occupancy 100%
Tenancy Single
Lease Type NNN
Broker Co-Op Yes
Year Built 1976
Stories 1
Acreage 0.520
Parking Spaces 25 spaces
Parking Per SqFt 9.99
Investment Type Net Lease
Sale Condition For sale by owner

Great Investment Opportunity FOR SALE w/Standalone Retail Triple Net (NNN) Corporate Tenant

Marketing description

This is your opportunity to acquire a well-maintained commercial property with a triple net (NNN) lease. Established long-term corporate tenant ensuring income stability. The tenant is responsible for property taxes, insurance, and maintenance, providing the landlord with passive income. This 2,502sf retail property is situated at a signalized intersection on a major artery with approximately 30,000 vehicles per day, providing visibility and customer access. The property is located within a Gateway Mixed-Use (GMU) zone, allowing for potential future uses. This zoning supports commercial, employment, and residential activities.

Investment highlights

This is your opportunity to acquire a well-maintained commercial property with a triple net (NNN) lease. Established corporate tenant ensuring income stability. The tenant is responsible for property taxes, insurance, and maintenance, providing the landlord with passive income. This 2,502sf retail property is situated on a major artery with approximately 30,000 vehicles per day, providing visibility and customer access. The property is located within a Gateway Mixed-Use (GMU) zone, allowing for potential future uses. This zoning supports commercial, employment, and residential activities.

Listing Contacts

YW
VA 0225071835
Ikon Realty
Listed by Ikon Realty

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