Warehouse
Warehouse - Central Norfolk Submarket
1120 E Brambleton Ave, Norfolk, VA 23504
Listing Price: $3,550,000
Investment Overview
Marcus & Millichap is pleased to present this fully leased industrial manufacturing warehouse, situated on 2.06 acres in one of the tightest industrial markets in the U.S., Norfolk, Virginia. Built in 1960, this building is conveniently located at the corner of E. Brambleton Avenue and Tidewater Drive, adjacent to key Norfolk landmarks, including Norfolk State University, the Norfolk Scope Arena, and MacArthur Center. With below-market rents, this property offers tremendous value-add opportunities, potentially doubling the net operating income (NOI) once leased at market rates.
Exclusively Listed By
Listing Price: $3,550,000
Investment Highlights
- Located Within An Opportunity Zone
- Situated Between The Norfolk Scope, NSU, MacArthur Center
- Below Market Rent- Value Add Opportunity
Investment Overview
Marcus & Millichap is pleased to present this fully leased industrial manufacturing warehouse, situated on 2.06 acres in one of the tightest industrial markets in the U.S., Norfolk, Virginia. Built in 1960, this building is conveniently located at the corner of E. Brambleton Avenue and Tidewater Drive, adjacent to key Norfolk landmarks, including Norfolk State University, the Norfolk Scope Arena, and MacArthur Center. With below-market rents, this property offers tremendous value-add opportunities, potentially doubling the net operating income (NOI) once leased at market rates.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
