For Sale
$7,100,000

1620 Sentinel Dr Chesapeake, VA 23320

Added:
Dec 11, 2024
Days on market:
137

Highlights

  • Investment-grade NNN lease with Planet Fitness, the largest operator, boasting 140+ locations.
  • Absolute NNN lease; no landlord responsibilities.
  • Strong, long-term lease: 15+ years remaining, plus valuable options totaling $15.1M.
  • Lease expiration: November 30, 2039, with two 5-year renewal options.
  • 2% annual rent increases.

Property Details for 1620 Sentinel Dr

Property type
Commercial real estate

Location Insight

City
Chesapeake
County
Chesapeake City
State
Virginia
Latitude
36.7767362
Longitude
-76.2528075

FAQs

Where is the commercial real estate located?
The property is located at 1620 Sentinel Dr Chesapeake, VA.
What is the asking price?
The asking price for this property is $7,100,000.
What are key features of this property?
This property features: Investment-grade NNN lease with Planet Fitness, the largest operator, boasting 140+ locations.; Absolute NNN lease; no landlord responsibilities.; Strong, long-term lease: 15+ years remaining, plus valuable options totaling $15.1M.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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1620 Sentinel Dr
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