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Property Details
Colliers Norfolk is pleased to present the Davita Building located at 962 Norfolk Square in Norfolk, Virginia. The two-story office building is situated on 1.72 acres and contains 20,668 square feet of space and has 115 parking spaces. The ground floor is leased to Renal Treatment Centers - Mid-Atlantic Inc. (DAVITA). Renal Treatment Centers first leased the 13,672 square foot premises in 1998, 23 years ago. In April 2021 they extended the lease for an additional five years expiring on October 21, 2028.
The second floor of 962 Norfolk Square consists of 6,996 square feet and is currently vacant and provides tremendous upside for an investor or owner-occupant.
The property is located in the Norfolk Square section of the Norfolk Industrial Park. This area has been developed primarily with office and office-flex properties.
The Property is convenient to not only Norfolk but all Southside cities of Virginia Beach, Chesapeake, and Portsmouth. Direct access to I 64 and I 264 are just over one mile away.
Renal Treatment Centers (Davita) has a Moody’s credit rating of Ba3
The Tenant has a 23 year occupancy history at the property
20,668 SF on 1.72 acres
- Property TypeOffice
- Year Built1967
- Total Building Size7,000RSF
- Total Acres0.47
- Number of Floors2
- Property ID489765