For Sale
$1,100,000

3301 Colley AveNorfolk, VA 23508

7,099 SF Creative Office, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7,099 square foot creative office building, located at 3301 Colley Avenue in Norfolk, Virginia, presents a compelling investment opportunity. Priced at $1,100,000 ($154.95/SF), this single-story, 1962-constructed property sits on a 0.43-acre lot boasting 111 feet of frontage on Colley Avenue, complete with three convenient curb cuts. The building features numerous capital improvements, details of which are available upon request. A net-net-net (NNN) lease is currently in place, extending through December 31, 2026, providing immediate and consistent cash flow. The property's creative office subtype makes it ideal for a variety of businesses seeking a unique and adaptable workspace. Its prime location in Norfolk, Virginia, zip code 23508, offers excellent visibility and accessibility. This is a rare opportunity to acquire a well-maintained, income-producing property with significant upside potential. Further details regarding the lease terms and capital improvements are available upon request. Serious inquiries only.

Highlights

  • Extensive capital improvements.
  • Built in 1962.

Property Details for 3301 Colley Ave

Property type
Office properties, Office space
Square Feet
7,099 SF
Year Built
1962
Buildings
1
Stories
1
Lot Size (sq. ft)
18,731 SF

Location Insight

City
Norfolk
County
Norfolk City
State
Virginia
Latitude
36.8765545
Longitude
-76.2950877
3301 Colley Ave, Norfolk, Virginia

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3301 Colley Ave
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