840 Greenbrier

840 Greenbrier Cir Chesapeake , VA 23320-3097

840 Greenbrier - Office for sale

Download Offering Memorandum

Overview



A two-property office portfolio with 132, 138 sq. ft. of office space for sale together or individually. Leased to a roster of well-known national tenants such as Cannon Information technology Services (Cannon, U.S.A.), LabCorp, and Map Communications. Part of the Norfolk MSA and the Hampton Roads region of Virginia and North Carolina. Both buildings feature attractive lobby and common areas, professionally landscaped grounds and lots of amenities nearby.

Investment Highlights


  • Fee simple interest
  • Buildings are 87% leased between LabCorp and MAP Communications 
  • LabCorp has 10 years of primary term remaining; Map Communications has 5 years of primary term remaining
  • Additional major corporations such as CTDI, Cox Communications, the FBI, and HSBC all lease over 100,000 sq. ft. of office space in the Greenbrier submarket 
  • Exceptional rent growth throughout both lease terms
General
Property Type Office
Tenure Type Sale / Purchase
Property Address 840 Greenbrier Cir, Chesapeake, VA 23320-3097
Building Size 44,938  ft2
Year Built 1984
Financial
Price Confidential
Cap Rate Confidential
Lease

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