Stabilized Two-Tenant Retail Investment

Highlights:

• Income Durability & Value Creation
• Attractive Under Market Rental Profile
• Attractive Under Market Rental Profile
• Simple Two-Tenant Structure
• Strong Regional Economic Drivers

Description:

Landmark Investment Sales is pleased to exclusively present the opportunity to acquire a stabilized two-tenant retail investment located at 6029–6035 E. Virginia Beach Boulevard in Norfolk, Virginia. The 16,325-square-foot retail property is currently 100% leased, generating approximately $147,750 of in-place Net Operating Income, providing investors with immediate and predictable cash flow. Strategically positioned along Virginia Beach Boulevard, the property benefits from strong visibility, convenient access, and proximity to numerous retailers, healthcare providers, and employment centers throughout the Hampton Roads region. Supported by strong regional economic drivers, including Naval Station Norfolk, the Port of Virginia, major healthcare systems, and regional universities, the market benefits from consistent employment growth and consumer spending. The asset represents an attractive opportunity to acquire stabilized retail real estate with a simple tenant structure and durable income characteristics.

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