Portfolio of 3 retail assets 3 Retail Properties Offered at $2,491,434 CAD in Portsmouth, VA
INVESTMENT HIGHLIGHTS
- Value add opportunity near Portsmouth's premier shopping district
- Exposure to both heavily traveled Airline Blvd and Rodman Ave
- 2nd generation restaurant with 20' hood system in place
EXECUTIVE SUMMARY
This 3-property portfolio consists of an occupied freestanding building on a corner lot (longterm tenant on a MTM lease), former restaurant with 20' hood system in place, and a vacant retail strip center with roll-up doors in the rear. Seller will consider individual offers but prefers to sell all properties together.
PROPERTY FACTS
| Price | $2,491,434 CAD |
| Price / SF | $223.63 CAD / SF |
| Sale Condition | High Vacancy Property |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 11,141 SF |
| Total Land Area | 0.95 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1501 Rodman Ave, Portsmouth, VA 23707 | Retail | 2,346 SF | 1946 | - |
| 1511-1527 Rodman Ave, Portsmouth, VA 23707 | Retail | 5,478 SF | 1987 | - |
| 1505 Airline Blvd, Portsmouth, VA 23707 | Retail | 3,317 SF | 1941 | - |
