- For Sale $497,000
- Property Type Office - General Office
- Property Size 2,700 SF
- Units 9
- Lot Size 0.2 Acre
- Property Tenancy Multi-Tenant
- Date Updated Jul 2, 2026
Description
Freestanding fully occupied nine-tenant brick building on Azalea Garden Road near signalized intersection of E. Little Creek Road, Norfolk International Airport and I-64. Stable cashflow, left-in left-out ingress/egress, ample parking, flexibility for investors, owner occupants or 1031 buyers. A compelling opportunity for long-term value appreciation and continued income growth.
Highlights
- $57,219 NOI supported by stable tenancy and consistent revenue
- 2,700SF on 0.19AC
- Flexible opportunity for investors, owner-users, or 1031 exchange buyers
- Fully occupied multi-tenant retail/office investment generating immediate income
- Offered at an 11.5% Cap Rate with strong in-place cash flow
- Strategic location near Norfolk International Airport, I-64, and E. Little Creek Road
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Contacts
Neal Sadler
Divaris Real Estate
Location
Located at 7849 Azalea Garden Road, Norfolk, VA 23518, this property is part of the Saratoga - East Lynne neighborhood and Richmond Tidewater market.
Contact Listing Broker
Neal Sadler
Divaris Real Estate
