Kings Grant - Virginia Beach, VA Office For Sale
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Address
Asking Price
Riversedge North
2529 Virginia Beach Blvd
Kings Grant, Virginia Beach, VA
Lot Size:0.24Acres
Colliers is pleased to exclusively market for sale a single-tenant corporateleased office building located in the Norfolk/Virginia Beach MSA in CoastalVirginia. Riversedge North is an extremely attractive office building withexcellent accessibility from I-264 and central location in Virginia Beach. Thebuilding benefits from a deep nearby tenant amenity base (particularly in theLynnhaven/Great Neck corridor, Virginia Beach Town Center area) as well asthe nearby Oceana Naval Air Station and its close proximity to the Laskin Roadcorridor and the Virginia Beach Oceanfront. The location also benefits from itsconvenient access to a high income residential base for employee accessconvenience.
The subject property is occupied by Wheeler Real Estate Investment Trust(NASDAQ: WHLR) and serves as their national corporate headquarters.Wheeler REIT built this headquarters building in 2007. They will commence acorporate guaranteed 10-year lease of the entire building at an attractive marketrental rate. As an owner-occupied building of this age, caliber, and condition, thisproperty is a signature location in Hampton Roads
Wheeler REIT owns and manages necessity based shopping centers throughoutthe mid-Atlantic and Southeast and occupies the entire building. The secondfloor is served by an elevator and two stairwells and the building lends itself tohousing multiple tenants. The building is nestled in one of the most scenic areasin the Lynnhaven submarket.
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2677 Virginia Beach Boulevard
2677 Virginia Beach Blvd
Kings Grant, Virginia Beach, VA
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Market Stats
Kings Grant has 36 commercial real estate spaces for lease, representing 228,740 sqft space. 3 buildings are available for sale.
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