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For Sale

Fully Leased Multi-Tenant Retail Investment

3601, 3603 & 3605 High Street,
Portsmouth, VA 23707
Represented by
S.L. Nusbaum Realty Co.

Asset Snapshot

Power Center
Retail Subtype
1961
Year Built
1
Floor Count
0.44 Acres
Land Area

Offering Summary

Investment Overview

3601, 3603 & 3605 High Street is a three-tenant, fully leased neighborhood retail strip center strategically located in the Mid-City submarket of Portsmouth, VA. The 5,043 square foot building offers a diverse mix of tenants with relatively low landlord responsibilities. The property is situated at the signalized corner of highly trafficked High Street, offering proximity to I-264 and within a minute's drive to national retailers including Chick-fil-A, Walmart Supercenter, Kroger, T.J. Maxx, Starbucks, and many more.


Investment Highlights

  • 100% leased retail center
  • Co-tenancy features a diverse mix of service and destination retail, including a restaurant, tobacco/vape shop, and Portsmouth Cleaners, a long-standing occupant at this location since 1998
  • Building features pylon signage for maximum exposure along High Street
  • The submarket is home to the historic Bon Secours Maryview Medical Center and is in close proximity to the U.S. Coast Guard Base and Norfolk Naval Shipyard
  • Located near the busy intersection of High Street, which produces 24,000 vehicles per day

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,085,000
Asking Price

Investment Sales Brokers

Martin Murden
S.L. Nusbaum Realty Co.
Martin Murden
S.L. Nusbaum Realty Co.