7849 Azalea Garden Road, Norfolk, VA for sale

Investment Overview

Freestanding fully occupied nine-tenant brick building on Azalea Garden Road near signalized intersection of E. Little Creek Road, Norfolk International Airport and I-64. Stable cashflow, left-in left-out ingress/egress, ample parking, flexibility for investors, owner occupants or 1031 buyers. A compelling opportunity for long-term value appreciation and continued income growth.

Investment Highlights

• Offered at an 11.5% Cap Rate with strong in-place cash flow
• Fully occupied multi-tenant retail/office investment generating immediate income
• $57,219 NOI supported by stable tenancy and consistent revenue
• Strategic location near Norfolk International Airport, I-64, and E. Little Creek Road
• Flexible opportunity for investors, owner-users, or 1031 exchange buyers
• 2,700SF on 0.19AC