Multi-Tenant Office and Retail
For Sale
$4,600,000
36326 Lankford Highway, Belle Haven, VA 23306
Colonial Square is a 40-unit office and retail complex built with masonry/metal construction and modified gross leases for utilities.
Property Size61,498 SF
Price / SF$74.80
Days on Market123
Property Features for 36326 Lankford Highway
General Information
Standard status
Active
Size
61,498 SF
Property subtype
Mixed Use
Occupancy
99%
Additional Details
Cap Rate
7.5%
Taxes and HOA fees
Annual Taxes
$13,365
Amenities
Central Air
3
B-1
Parking.
Lot.
Other.
Building Details
Year Built
1995
Construction
masonry frame and metal
Tenancy
Multi
Listing Agency:
SVN
(410) 543-2440
Listed By:
Brent Miller · License #666318
(410) 543-2440
Source:
Xome
Added: Apr 23
Changed: Aug 23
Last Checked: Aug 23 at 3:48AM
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 SVN
Investment Insights
Based on property information with market context.
Colonial Square is a 40-unit, income-producing office and retail complex built with masonry frame and metal construction, featuring vinyl and metal exterior walls and a poured concrete slab foundation. The property’s roofing system includes asphalt shingle, metal, and built-up materials, and documented capital improvements total more than $519,000 across recent years. Occupied units operate under modified gross leases, with tenants responsible for individually metered utilities.
The complex occupies a commanding position on U.S. Route 13, described as the primary commercial corridor of Virginia’s Eastern Shore, in Belle Haven within Accomack County.
Tenancy includes a mix of office and retail users, with examples cited in the materials including Enterprise Cars, Legal Aid of VA, H&R Block, Sharp Energy, and the Virginia Game and Fisheries Police Dept.
The complex occupies a commanding position on U.S. Route 13, described as the primary commercial corridor of Virginia’s Eastern Shore, in Belle Haven within Accomack County.
Tenancy includes a mix of office and retail users, with examples cited in the materials including Enterprise Cars, Legal Aid of VA, H&R Block, Sharp Energy, and the Virginia Game and Fisheries Police Dept.
Key Highlights
- 40‑unit office and retail complex on U.S. Route 13 in Belle Haven, Accomack County, Virginia
- 99% occupied with tenants including Enterprise Cars, Legal Aid of VA, H&R Block, Sharp Energy, and VA Game and Fisheries Police Dept
- Offered at a 7.5% cap rate with a diversified tenant mix across government, healthcare, professional services, retail, and more
Property Analytics
Property Profile
Current Use
Lease Details
99%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
133
Businesses Nearby
Explore this area
Business Placement
Demographics for 23306, VA
1,066
Population
591
Households
1.8
Avg Household Size
48
Median Age
15%
College-Educated
89%
High-School Grad
11.8 sq mi
ZIP Area
90
Density / Sq Mi
$51,083
Median Household Income
$35,604
Median Earnings
$1,260
Median Rent
$283,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Colonial Square is a 40-unit office and retail complex built with masonry/metal construction and modified gross leases for utilities.
Where is this office building located?
The property is located at 36326 Lankford Highway Belle Haven, VA.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 40‑unit office and retail complex on U.S. Route 13 in Belle Haven, Accomack County, Virginia; 99% occupied with tenants including Enterprise Cars, Legal Aid of VA, H&R Block, Sharp Energy, and VA Game and Fisheries Police Dept; Offered at a 7.5% cap rate with a diversified tenant mix across government, healthcare, professional services, retail, and more
