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Inlet Fitness South | 2336 Elson Green Ave
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Inlet Fitness South 2336 Elson Green Ave
32,000 SF 100% Leased Retail Building Virginia Beach, VA 23456 $12,999,150 CAD ($406 CAD/SF) 6.41% Cap Rate
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EXECUTIVE SUMMARY
Just signed Planet Fitness to an 11 year lease, taking 22,450 sq ft of the 32,000 building. The building is 100% occupied.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
32,000 SF
Building Class
B
Year Built/Renovated
2007/2023
Price
$12,999,150 CAD
Price Per SF
$406 CAD
Cap Rate
6.41%
NOI
$833,390 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Lot Size
2.80 AC
Zoning
B2 - General Business District
Parking
209 Spaces (6.53 Spaces per 1,000 SF Leased)
Frontage
100 ft on Elson Green Ave
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Inlet Fitness South | 2336 Elson Green Ave
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