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5256 Providence Rd
Virginia Beach, VA 23464

$2,738,000 USD

Bank For Sale  •  3,333 SF

Property Details

• Property Type Bank
• Total Building Size 3,333 SF
• Lot Size 0.6 AC
• Building Class B
• Year Built 2024
• Cap Rate 4.65 %
• Tenancy Single

24 Transit Score

83 Walk Score

Highlights

Signalized corner intersection | Providence Rd & Fairfield SC

Brand new scrape & rebuild of old Domino’s building shown in aerials

Desirable lease | Fresh 15-year term

Absolute Net Ground Lease | Zero landlord responsibilities

Corporate lease | JP Morgan Chase Bank, N.A. | 4,700 locations worldwide

Outparcel of Fairfield Village Shopping Center | Approx. 200K SF of retail space | Food Lion & TJ Maxx anchored | Recent renovations

Cap Rate:

4.65 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Chase	3,333 SF	10/31/2039

Public Transportation

Commuter Rail	Drive	Walk	Distance
Norfolk (Northeast Regional - Amtrak)	13 min	-	7.2 mi
Airport	Drive	Walk	Distance
Norfolk International	18 min	-	10.5 mi
Newport News/Williamsburg International	53 min	-	36.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	35
Type:	Surface
Included in Rent:	Yes