PORTSMOUTH, VA
GROUND LEASE AVAILABLE
1001 Frederick Boulevard
PROPERTY HIGHLIGHTS
- Brand New Construction
- CORPORATE LEASE GUARANTE
- NNN Lease Structure -
Brand new 15-year absolute NNN ground lease, with zero
landlord responsibilities, providing for a truly passive investment. - 10% Increase Every 5 years
- Excellent Access - Valvoline has immediate access to both Hamilton Avenue and
Frederick Boulevard with over 38,000
vehicles per day - RETAIL SYNERGY- Surrounded by top tier
retailers including Walmart Supercenter,
Kroger, and TJMaxx and several others. - Strong Demographics - The property is
situated in a strong income area with
average household incomes over 70K and over 230,000 residents within 5 miles.