Prime Owner/User Opportunity

Investment Overview

This prominent three-building office park features one two-story and two single-story assets & represents a prime purchase opportunity for an owner/user. The park is conveniently located in Oyster Point, the business hub of the Virginia Peninsula, with prime frontage on Jefferson Avenue. Offering Price: $3,500,000 Building Size: 20,504 SF (11719-B) 5,080 SF (11717) 2,425 SF (11719) 28,062 SF (Total) Price/SF: $124.72 NOI (Projected): 350,264 Cap Rate: 10.0% Occupancy: 66.1% Site Area: ±2.68 Acres Year Built: 2008 (11719-B) 2006 (11717) 1980 (11719) Zoning: C-1

Investment Highlights

• Well maintained office park at the gateway to Oyster Point
• Excellent opportunity for an owner/user to occupy the 9,510 SF vacancy and enjoy supplementary income from the remaining 18,552 SF of leased space
• Strategically located with high exposure at Jefferson Avenue and Pilot House
• Drive, with a signalized intersection at the entrance of the park
• Strong tenant mix including legal, medical, real estate, and other service uses
• Nearby amenities include City Centre at Oyster Point, Port Warwick, Marketplace at Tech Center and Patrick Henry Mall