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Leased Dental Medical Office Portfolio
New
For Sale
$2,257,000

7400 Granby Street Unit D, Norfolk, VA 23510

Fully occupied dental office assets feature annual lease increases and no landlord responsibilities.

Property Size3,584 SF
Days on Market3

Property Features for 7400 Granby Street Unit D

General Information

Standard status Active
Size 3,584 SF
Class B
Property subtype Office
Occupancy 100%

Building Details

Building Size 3,584 SF
Year Built 1987
Tenancy Single
Listing Agency: S.L. Nusbaum Realty Co
Listed By: Ben Leon · License #0225061641
Source: Slnusbaum
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 20 at 9:58AM

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 S.L. Nusbaum Realty Co

Investment Insights

Based on property information with market context.

This medical office portfolio consists of fully leased dental office properties serving the Downtown Norfolk and Wards Corner submarkets. The offering includes the medical office condominium at 7400 Granby Street, Unit D, in Norfolk, Virginia, with a 1987 construction date.

Cordental Dental Group occupies the properties, and the practice operates more than 45 locations. Lease terms include annual increases and no landlord responsibilities, providing a defined operating structure for the portfolio.

Key Highlights

  • 100% leased dental office portfolio
  • Located in Downtown Norfolk and Wards Corner submarkets
  • Leased to Cordental Dental Group, an established practice with over 45 locations

Property Analytics

Current Use

Wards Corner Chiropractic Alternative Medicine Practice Top Guard Security Security Service Konikoff Family Dentistry ... Dental Office Dr. Ryan Simone Medical Clinic Smith Alisa M ... Dental Office

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Skin Care Clinic

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

474
Businesses Nearby
Under-served
Demand for This Use

Demographics for 23510, VA

8,778
Population
4,948
Households
1.8
Avg Household Size
33
Median Age
52%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
7,980
Density / Sq Mi
$75,621
Median Household Income
$53,132
Median Earnings
$1,574
Median Rent
$349,700
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?
Medical Office Space - Fully occupied dental office assets feature annual lease increases and no landlord responsibilities.
Where is this medical office space located?
The property is located at 7400 Granby Street Unit D Norfolk, VA.
What is the asking price?
The asking price for this property is $2,257,000.
What are key features of this property?
This property features: 100% leased dental office portfolio; Located in Downtown Norfolk and Wards Corner submarkets; Leased to Cordental Dental Group, an established practice with over 45 locations
More about this property
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