For Sale
$1,195,000

516 Innovation DrChesapeake, VA 23320

Prime Medical Office, 4,057 SF, $1.19M

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Class A medical office condo, located at 516 Innovation Dr, Chesapeake, VA 23320, presents a unique owner-user opportunity. The 4,057 square foot space is situated within the Oakbrooke Professional Center, a Planned Urban Development (PUD) zoned property. Boasting a modern medical buildout, the single-unit condo features six exam rooms, seven private offices, a reception/waiting area, a break area, and a lab room. Each room is equipped with sinks and built-in upper and lower cabinets. The building offers convenient amenities including a covered drop-off area, a two-story lobby, two elevators, automatic/ADA compliant entry doors, and is pre-wired for high-speed internet access. A remote-controlled intercom system ensures after-hours security. The 0.094-acre lot provides ample parking with a 5.0 spaces per 1,000 square feet ratio. This turnkey property is priced at $1,195,000 ($320.43/SF) and is offered as a Net Net Net (NNN) lease. The property is a three-story condo building and is identified by APN 0482017000035. This is an ideal investment for medical professionals seeking a well-appointed and conveniently located practice space in the Greenbrier | Battlefield submarket of Chesapeake.

Highlights

  • Generous covered drop-off area.
  • Two-story grand lobby.
  • Ample parking: 5 spaces per 1,000 square feet.
  • Two high-speed elevators.
  • ADA-compliant automatic entry doors.
  • High-speed internet infrastructure.

Property Details for 516 Innovation Dr

Property type
Office properties, Medical offices
Square Feet
4,057 SF
Class
A
Stories
3
Lot Size (sq. ft)
4,095 SF
Units
1

Location Insight

City
Chesapeake
County
Chesapeake
State
Virginia
Latitude
36.735841
Longitude
-76.2200571
516 Innovation Dr, Chesapeake, Virginia

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516 Innovation Dr
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