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Primrose School Absolute NNN Property
For Sale
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660 Grassfield Parkway, Chesapeake, VA 23322

Absolute NNN lease structure places no landlord responsibilities on the owner and includes 2% annual increases.

Property Size11,641 SF
Days on Market143

Property Features for 660 Grassfield Parkway

General Information

Standard status Active
Size 11,641 SF
Property subtype Special Purpose

Building Details

Tenancy Single
Listing Agency: Sands Investment Group Los Angeles
Listed By: Clifton McCrory · License #SC 99847
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:04AM

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 Sands Investment Group Los Angeles

Investment Insights

Based on property information with market context.

The property is a 11,641-square-foot Primrose School at 660 Grassfield Parkway in Chesapeake, Virginia. It is offered for sale with an absolute triple-net lease structure, under which the landlord has no responsibilities stated in the lease summary.

The lease term includes 15 years and provides for 2% annual increases. The asset is located in Chesapeake, VA 23322, with the school use and existing lease structure forming the central property characteristics.

Key Highlights

  • 11,641 SF Primrose School at 660 Grassfield Parkway
  • 15‑year absolute triple‑net lease
  • No landlord responsibilities under the absolute NNN structure

Property Analytics

Current Use

Primrose School at Cahoon ... Daycare Center

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Building Supply Auto Repair Shop Auto Parts Store

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby

Demographics for 23322, VA

66,994
Population
22,386
Households
3
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
187.8 sq mi
ZIP Area
357
Density / Sq Mi
$133,522
Median Household Income
$55,549
Median Earnings
$1,870
Median Rent
$448,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
School - Absolute NNN lease structure places no landlord responsibilities on the owner and includes 2% annual increases.
Where is this school located?
The property is located at 660 Grassfield Parkway Chesapeake, VA.
What are key features of this property?
This property features: 11,641 SF Primrose School at 660 Grassfield Parkway; 15‑year absolute triple‑net lease; No landlord responsibilities under the absolute NNN structure
More about this property
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