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    Portsmouth, VA NNN Properties for Sale

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    Chesapeake, VA Norfolk, VA Suffolk, VA
    Income-Producing Commercial Property Near Casino
    $1,100,000
    1,827 SF
    Income-Producing Commercial Property Near Casino

    2498 Airline Boulevard, Portsmouth, VA 23701

    High-visibility commercial property near Rivers Casino Portsmouth with recent updates.
    • High‑visibility location at a busy intersection.
    • Income‑producing commercial property.
    • Minutes from Rivers Casino Portsmouth.
    • Extensively updated in 2024.
    • Two new HVAC systems.
    Updated: Feb 27
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    Portsmouth Commercial Property For Sale
    $635,000
    2,502 SF
    Portsmouth Commercial Property For Sale

    4000 George Washington Highway, Portsmouth, VA 23702

    Commercial property with long-term tenant in Portsmouth, Virginia.
    • Triple NNN lease provides passive income with tenant responsible for property taxes, insurance, and maintenance.
    • Long‑term established corporate tenant ensures income stability.
    • High visibility location at a signalized intersection on a major artery with approximately 30,000 vehicles per day.
    • Property size of 2,502 square feet.
    • Maintained commercial property.
    Updated: Jul 7, 2025
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Portsmouth, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    NNN Leased Investment Opportunity
    $6,793,000
    4,640 SF
    NNN Leased Investment Opportunity

    NNN leased 7-Eleven with 10 years remaining on lease.

    6100 N Croatan Hwy, Kitty Hawk, NC

    View details
    Single-Tenant 7-Eleven Convenience Store
    $6,793,000
    4,640 SF
    Single-Tenant 7-Eleven Convenience Store

    Corporate absolute NNN convenience store with about 10 years remaining on a 7-Eleven lease.

    6100 North Croatan Highway, Kitty Hawk, NC 27949

    View details
    NNN Red Lobster For Sale
    $6,240,000
    7,370 SF
    NNN Red Lobster For Sale

    NNN Red Lobster with 5.25% cap rate for sale.

    821 Lynnhaven Pkwy, Virginia Beach, VA

    View details
    Chick-fil-A NNN Investment Opportunity
    $2,652,000
    4,817 SF
    Chick-fil-A NNN Investment Opportunity

    NNN leased Chick-fil-A for sale in Virginia Beach.

    5409 Indian River Rd, Virginia Beach, VA 23464

    View details

    Portsmouth, VA Nnn Properties Market Trends and Statistics

    Explore 2 nnn properties for sale in Portsmouth, VA on our real estate platform. These investment opportunities span a total of 4,329 square feet of properties for sale, with an estimated market value of $1,735,000.

    Sale prices for triple net lease properties in Portsmouth, VA start at $635,000, averaging $867,500, and reaching up to $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 97K
    Population Growth (5Y) -6.7%
    Median Household Income $59,342
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Portsmouth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    23702 $635K
    23701 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.27%
    Property Tax per SF $16.32 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Portsmouth city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Portsmouth fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Portsmouth, VA

    • 23701
    • 23702

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