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Business Condominium Fitness Lease

100-2090 Princess Anne Rd Virginia Beach, VA 23457

100-2090 Princess Anne Rd, Virginia Beach, VA, 23457
$1,500,000
For Sale
$1,500,000

Business condominium offered with a long-term tenant in place through 2029, plus two additional five-year extensions.

Days on Market29

Property Features for 100-2090 Princess Anne Rd

General Information

Standard status
Active
Listing agency Swell Real Estate Co
Listed by Phyllis Mihalas · License #0225226315
Source Exprealty
Added: Jun 24 Updated: Jul 21 at 9:50PM Checked: Jul 22 at 9:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Swell Real Estate Co


Investment Insights

Based on property information with market context.

This offering is a business condominium that includes an operating fitness business tenant with a current lease extending through 2029. The lease also allows for two additional five-year extensions, providing continued occupancy beyond the initial term.

The property is located at 100-2090 Princess Anne Rd in Virginia Beach, Virginia. The seller is the original owner of both the building and the business.

The business was sold several years ago, and the current structure provides an investor the opportunity to acquire a unit with an existing, long-term tenant relationship already in place.

Key Highlights

  • Business condominium with a long‑term tenant in place through 2029
  • Two additional five‑year tenant extensions available
  • Original owner offering the business condominium with tenant occupancy

Property Analytics

Location Intelligence

Current Use by Public Records

Fitness centers & gyms

Suggested Use

Big Box & Wholesale Store Food Market Spa & Massage Center Restaurant Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Fitness center & gym - Business condominium offered with a long-term tenant in place through 2029, plus two additional five-year extensions.
Where is this fitness center & gym located?
The property is located at 100-2090 Princess Anne Rd Virginia Beach, VA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Business condominium with a long‑term tenant in place through 2029; Two additional five‑year tenant extensions available; Original owner offering the business condominium with tenant occupancy
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