2623 Park Avenue, Petersburg, VA
Office for Sale - $1,306,000 - 11,000 Sq. Ft.


Property Info
CIMLS# | 455938 |
Location 2623 Park Avenue Petersburg VA 23805 | |
Updated | August 13th, 2012 |
Type | Office |
Price | $1,306,000 |
Building | 11,000 Sq. Ft. |
Property Description
Built in 1992, subject property is spacious and functional and includes reception area, 2 offices, restrooms, and is handicapped accessible.
Location Description:
Located on the NE corner of Park Ave. and Oak Hill Rd. with easy access to Interstate 95. Location of subject property gets high traffic counts.
Highlights:
>> 100% Occupancy
>> 3% Annual rent increases
>> Long term State of Virginia tenant
>> Possible 5-10yr extension at 8% CAP
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