600 Independence PkwyChesapeake, VA 23320

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Overview

Added:

Dec 11, 2024

Days on market:

114

This exceptional Class A office building, located at 600 Independence Parkway in Chesapeake, Virginia, presents a compelling investment opportunity. The 96,615 square foot property, constructed in 1998, boasts a 100% occupancy rate with a diverse tenant roster. Major tenants include Chubb Insurance, a leading global financial services provider occupying 57% of the building since its construction and expected to renew their lease expiring July 2026

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Highlights

• $10,750,000 asking price.
• 96,615 square feet rentable area.
• $1,103,962 projected Year 1 Net Operating Income (NOI).
• 10.2% projected Year 1 capitalization rate.
• 1998 year built.
• 100% occupancy.

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Property Details for 600 Independence Pkwy

Property type

Office properties

Square Feet

96,615 SF

Class

A

Year Built

1998

Buildings

1

Stories

3

Location Insight

City

Chesapeake

County

Chesapeake City

State

Virginia

Latitude

36.7614547

Longitude

-76.264293

600 Independence Pkwy, Chesapeake, Virginia

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