Listing Agency: Commonwealth Commercial Partners Show Phone

Listed By: Gresh Wall · License #VA

Source: Crexi

Added: Apr 12 Changed: Jul 22 Last Checked: Jul 30 at 2:15PM

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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 Commonwealth Commercial Partners

Investment Insights

Based on property information with market context.

This offering is an office building with reported 17,367 SF. The public remarks list an 8.97% CAP rate for the property.

The address is 3415 Granby Street in Norfolk, VA 23504.

Additional details such as suite configuration, tenant occupancy, and building improvements are not provided in the available information.

Key Highlights

• Office building offered for sale with 17,367 SF
• Reported 8.97% cap rate

Property Analytics

Current Use

Dr. Subir Vij, ... Physician Dr. Vladimir Markovic Physician Dr. David Rosenberg Pediatrician Aerian Joyner Physician Dr. Saundra E. ... Pediatrician

Suggested Use

Top Pick Dental Office Parking Lot & Garage Building Supply Big Box & Wholesale Store Law Firm Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,450

Businesses Nearby

Explore this area Business Placement

Demographics for 23504, VA

22,465

Population

9,462

Households

2.4

Avg Household Size

30

Median Age

24%

College-Educated

83%

High-School Grad

4.1 sq mi

ZIP Area

5,479

Density / Sq Mi

$43,156

Median Household Income

$26,707

Median Earnings

$872

Median Rent

$259,500

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Office building offered for sale with reported 17,367 SF and an 8.97% cap rate.

Where is this office building located?

The property is located at 3415 Granby Street Norfolk, VA.

What are key features of this property?

This property features: Office building offered for sale with 17,367 SF; Reported 8.97% cap rate