Listed by Parker Burnell Real Estate Group
$3,445,920
1225 Cedar Road
Details
Property Type Office, Retail
Sub Type Medical Office
Square Footage 4,786
Cap Rate 5%
NOI $172,296
Occupancy 100%
Tenancy Single
Brand/Tenant Heartland Dental
Lease Type Absolute NNN
Price per SqFt $720
Year Built 1999
Year Renovated 2025
Buildings 1
Office | 5.00% CAP | 4,786 SqFt
Marketing description
±4,786 SF single tenant building located in the heart of Great Bridge/Cedar Road corridor in Chesapeake!
Excellent visibility; over 32K VPD on Cedar Road!
Easy accessibility via the new Veterans Memorial Bridge, which connects to I-64, I-464, and the Chesapeake Expressway, with Monument Signage
Less than 1 mile from Publix (0.7 miles), Tidewater Community College Campus & Chesapeake Municipal Center on Albemarle Road.
High residential growth projections, high household income & median home values, high daytime population
Listing Contacts
Listed by Parker Burnell Real Estate Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$172,296.00
$14,358.00/mo
Valuation Metrics
0
DSCR
5%
Cap Rate
5%
ROI
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