Absolute NNN Ground Lease
6249 College Dr Suffolk, VA 23435
For Sale
Contact for pricing
15-year absolute NNN groundlease starting August 2025 with tenant paying 100% of taxes, insurance, and operating expenses.
Property Size5,662 SF
Price / SF$927.23
Days on Market66
Property Features for 6249 College Dr
General Information
Standard status
Active
Size
5,662 SF
Property subtype
RETAIL
Listing Agency:
Lee & Associates | North San Diego County
(760) 519-0240
Listed By:
Ryan Bennett · License #01826517
(760) 519-0240
Source:
Moodyscre
Added: May 25
Changed: Jul 28
Last Checked: Jul 28 at 8:22AM
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 Lee & Associates | North San Diego County
Investment Insights
Based on property information with market context.
This offering is structured as a 15-year absolute NNN groundlease commencing August 2025. Under the terms provided, the tenant is responsible for 100% of property taxes, insurance, and all operating expenses. The landlord has zero maintenance, repair, or capital obligations of any kind, with no stated responsibilities beyond the groundlease structure.
The property is identified as 6249 College Dr, Suffolk, VA 23435. The total property size is 5,662 square feet, and the transaction is presented as available for sale.
As described, the lease structure provides a fully tenant-expensed expense model with a long initial term.
The property is identified as 6249 College Dr, Suffolk, VA 23435. The total property size is 5,662 square feet, and the transaction is presented as available for sale.
As described, the lease structure provides a fully tenant-expensed expense model with a long initial term.
Key Highlights
- 15‑year absolute NNN ground lease commencing August 2025
- Tenant responsible for 100% of property taxes
- Tenant responsible for 100% of insurance
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
NNN property - 15-year absolute NNN groundlease starting August 2025 with tenant paying 100% of taxes, insurance, and operating expenses.
Where is this nnn property located?
The property is located at 6249 College Dr Suffolk, VA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 15‑year absolute NNN ground lease commencing August 2025; Tenant responsible for 100% of property taxes; Tenant responsible for 100% of insurance
