Va. Beach post office building sells for $5M

Building is 29,813 square feet

Robyn Sidersky //June 7, 2022//

Building is 29,813 square feet

Robyn Sidersky// June 7, 2022//

Listen to this article

A 29,813-square-foot property leased to the U.S. Post Office in Virginia Beach has been sold for $5 million.

U.S. Post Office Acredale-Annex at 1700 Centerville Turnpike was built in 2000 and was sold by Faith Irrevocable Trust to Postal Realty Trust.

The property is on a 25-year net-leased structure with the tenant.

Michael J. Early and Vince Schwab with Marcus & Millichap’s Hampton Roads and San Francisco offices, respectively, marketed the property on behalf of the seller.

Related Content

Active listings by locality at the end of October. Image courtesy Virginia Realtors

Va. home sales, inventory rises in October

Housing sales and inventory in Virginia rose in October, with closed sales up 12.5% from October 2023, accord[...]

November 25, 2024

L to R: Stephen Meadows, Rick West, Dorcas Helfant-Browning and Steve DuBrueler. Photo courtesy Coldwell Banker Premier.

Coldwell Banker Premier acquires Hampton Roads Coldwell affiliate

Winchester-based Coldwell Banker Premier has acquired Virginia Beach-based Coldwell Banker Now, merging into [...]

November 22, 2024

Youngkin announces plan to grow workforce housing

At the Governor’s Housing Conference in Virginia Beach Thursday, Gov. Glenn Youngkin unveiled the Workforce[...]

November 14, 2024

Hard Rock executives and partners participate in the company's "guitar smash" during the grand opening of the permanent Hard Rock Hotel & Casino Bristol on Nov. 14. Photo courtesy Hard Rock

Permanent Hard Rock Bristol casino opens

The bright lights of Bristol shine considerably brighter now following the opening of Virginia’s second ful[...]

November 14, 2024

Work begins on phase 2 of McLean affordable housing development

Construction has started on the second phase of the two-phase Somos at McLean Metro, an affordable housing de[...]

November 6, 2024

An aerial rendering of the Diamond District redevelopment. Image courtesy Thalhimer Realty Partners

Thalhimer now sole principal for Diamond District redevelopment

Loop Capital is no longer affiliated with the development partnership working on the mixed-use development co[...]

November 1, 2024

Regions

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Select Region or Brand

Upcoming Event