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30871661
30871662

2104 Executive Dr, Hampton, VA 23666 For Sale

JT
VA VA 0225033840
Networks Commercial Real Estate
Listed by Networks Commercial Real Estate
$1,300,000
130 days on market
Updated 130 days ago

Sentara Family Practice

Details
Property Type Office
Sub Type Medical Office
Square Footage 3,964
Net Rentable (SqFt) 3,964
Cap Rate 6.84%
NOI $88,860
Price per SqFt $328
Year Built 1997
Zoning C-2

Office | 6.84% CAP | 3,964 SqFt

Marketing description

The medical condominium located at 2104 Executive Drive, Hampton, VA 23666 is a professionally maintained healthcare asset leased to Sentara Medical Group and occupied by Albert Francis, MD, providing stable tenancy backed by one of the region’s most established health systems.

Positioned within the highly active Coliseum Central medical corridor in Hampton, the property benefits from strong surrounding demographics, proximity to major retail amenities, and convenient access to Interstate 64. The area is a well-recognized healthcare hub serving the greater Peninsula and Hampton Roads markets.

The condominium is purpose-built for medical use, featuring a functional clinical layout typically inclusive of a reception and waiting area, multiple exam rooms, physician offices, administrative space, and support areas designed for outpatient medical services. As part of a professional medical office setting, the property offers on-site parking and a healthcare-oriented tenant mix that supports patient convenience and referral synergy.

With a creditworthy regional healthcare tenant in place and occupancy by an established practicing physician, this asset presents an attractive opportunity for investors seeking stable cash flow within the resilient medical office sector. The condominium ownership structure also provides operational efficiency and lower management intensity compared to larger multi-tenant medical office buildings, making it well-suited for private investors targeting healthcare real estate within the Hampton Roads market.

Listing Contacts

JT
VA VA 0225033840
Networks Commercial Real Estate
Listed by Networks Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$88,860.00
$7,405.00/mo

Valuation Metrics

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DSCR
6.84%
Cap Rate
6.84%
ROI

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Additional Information

Name
Jim Tucker, CCIM
License
VA 0225033840
Brokerage
NetWorks Commercial Real Estate
Brokerage Phone
8043964050
Title
Principal Broker
Brokerage Address
5006 Monument Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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