3386 Holland Rd

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3386 Holland Rd

Virginia Beach, VA 23452
Asking Price
$2.60M
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building totaling 19,986 square feet of space
  • Asset is currently offered at an asking price of $2,600,000
  • Two-story configuration ideal for an owner-occupant business model
  • Located within the established Virginia Beach commercial real estate market
  • Provides a strategic regional position within the Hampton Roads area

What's Special

Priced at $2,600,000, this two-story traditional office building provides 19,986 square feet of professional workspace. The asset is positioned in Virginia Beach, a growing coastal market that maintains a stable economic climate supported by a diverse base of residents and regional employers. The layout and scale of this structure make it a functional candidate for an owner-occupant looking to establish a headquarters or for a business seeking a consolidation of administrative functions in the Hampton Roads area. Access to major regional thoroughfares allows for connectivity throughout the Virginia Beach submarket and the surrounding metropolitan region. The building serves as a versatile solution for firms requiring a centralized location within a high-traffic area. Prospective buyers will find this facility suitable for traditional corporate operations, professional services, or other commercial uses that benefit from a dedicated multi-level office environment.

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NOI
$80,000
Cap Rate
3.08%
DSCR
0.52
Underwater
Cash-on-Cash
-9.53%
Monthly Payment
$12,863.381
Annual Cash Flow
$-74,360.577

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