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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.