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