For Sale $5,420,000
Property Type Office - General Office
Property Size 12,298 SF
Units 4
Lot Size 1.41 Acre
Parking Ratio 4.00 / 1,000 SF
Building Class A
Year Built 2021
Date Updated May 6, 2024

Located within the highly successful Edinburgh mixed-use development in the Southern Chesapeake submarket.229 Hillcrest Parkway is a two-story medical office building located within the highly successful Edinburgh mixed-use development in the Southern Chesapeake submarket. The submarket contains 720,000 square feet of office space, with the current vacancy standing at just 5.4%. Positioned at the corner of Hillcrest Parkway and Edinburgh Parkway, the property benefits from a high traffic location amongst popular big box retailers such as Target and Walmart. Developed in 2021, the two-story property measures 12,298 square feet and is the home to Konikoff Dentistry, Klar Voorhees Orthodontics, both part of the Dental Care Alliance family, and Ivy Rehab.229 Hillcrest Parkway is a two-story medical building located within the highly successful Edinburgh mixed-use development in the upscale, rapidly growing Southern Chesapeake submarket. Positioned at the corner of Hillcrest Parkway and Edinburgh Parkway, the property benefits from a high traffic location amongst popular big box retailers such as Target and Walmart.

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Highlights

Recently constructed, fully stabilized Class a medical office building
Very strong, national tenancy including Dental Care Alliance (d/b/a Konikoff Dentistry and Klar Voorhees Orthodontics) and Ivy Rehab
Prime location with excellent exposure in an upscale, growing submarket
Other prime assets also available as part of this portfolio (see flyer)

Contacts

Jason Oliver

Divaris Real Estate

(757) 333-4383

Location

Getting Around

Walk Score ®
32/100 Car-Dependent
Bike Score ®
38/100 Somewhat Bikeable

City Chesapeake, VA
Neighborhood Edinburgh
Zip Code 23322
Market Richmond Tidewater

Points of Interest

Murphy USA

0.15 miles
Wawa

0.51 miles
7-Eleven

1.23 miles
7-Eleven

2.21 miles
7-Eleven

2.27 miles
Marathon

3.31 miles
Shell

3.87 miles
Great Bridge BP

4.22 miles
Great Bridge Citgo

4.25 miles
7-Eleven

4.83 miles

Chesapeake Arboretum Parking

6.05 miles
Parking Area 1

6.70 miles
Parking Area 2

6.74 miles
Parking Area 3+

6.81 miles
Parking Area 4

6.82 miles
Orchard Square Parking Lot

7.69 miles
Stumpy Lake Pier Parking

8.84 miles
Lot M

9.96 miles

WoodSpring Suites Chesapeake Norfolk South

5.46 miles
Savannah Suites

7.67 miles
Hampton

7.72 miles
Super 8

7.79 miles
Studios 4 Less

7.80 miles
Hyatt Place - Chesapeake/Greenbrier

7.97 miles
WoodSpring Suites Chesapeake-Norfolk Greenbrier

8.45 miles
Aloft Chesapeake

8.51 miles
SpringHill Suites by Marriott Chesapeake Greenbrier

8.51 miles
Residence Inn by Marriott Chesapeake Greenbrier

8.53 miles

Arby's

0.04 miles
Burger King

0.08 miles
Cracker Barrel

0.10 miles
McDonald's

0.14 miles
Chick-fil-A

0.20 miles
El Gran Rodeo Mexican grill

0.29 miles
Buffalo Wild Wings

0.29 miles
Asian Grill

0.30 miles
Subway

0.30 miles
El Gran Rodeo

0.30 miles

Southeastern Elementary School

0.64 miles
Hickory High School

1.06 miles
Hickory Middle School

1.07 miles
Great Hope Baptist School

1.43 miles
Hickory Elementary School

2.10 miles
Great Bridge Middle School

3.73 miles
Butts Road Primary School

4.07 miles
Great Bridge Primary School

4.21 miles
Cedar Road Christian Academy

4.37 miles
Butts Road Intermediate School

5.05 miles

Kids Kollege Day Care Center

2.47 miles
Promote Family Learning Centers Inc.

3.79 miles
Apple Tree Learning Center

3.89 miles
A World of Children

4.16 miles
Childtime Child Care

4.22 miles
KinderCare

4.35 miles
Primrose School at Cahoon Commons

5.85 miles
Creative World Day Care

6.19 miles
Apple Tree Learning Center

7.68 miles
Childtime

7.92 miles

Frequently Asked Questions

What is the lease rate for 229 Hillcrest Parkway?

Rental asking rate at 229 Hillcrest Parkway is $2,710,000.00/YR.

What is the total square footage of 229 Hillcrest Parkway?

229 Hillcrest Parkway totals 12,298 square feet.

When was this property built?

229 Hillcrest Parkway was built in 2021.

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