1100-1136 London Blvd | Portsmouth, VA 23704
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1100-1136 London Blvd
Portsmouth, VA 23704
London Plaza · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
47,700 SF
Building Class
C
Year Built
1979
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.31
Lot Size
3.48 AC
Zoning
D-2
Parking
200 Spaces (4.2 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
About 1100-1136 London Blvd , Portsmouth, VA 23704
Value opportunity. Trading at over actual 7% Cap Rate, there is value in a professional manager bringing rents up to market and adding CAM fees to existing leases, which would increase the NOI.
PROPERTY TAXES
| Parcel Number | 0032-0020 | Improvements Assessment | $2,020,814 |
| Land Assessment | $1,045,595 | Total Assessment | $3,066,410 |
PROPERTY TAXES
Parcel Number
0032-0020
Land Assessment
$1,045,595
Improvements Assessment
$2,020,814
Total Assessment
$3,066,410
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