1817 Frederick Blvd
Portsmouth, VA 23707

Humana

Offering Summary
Price $4,200,000 Cap Rate 6.25%
NOI $262,500.00 Rentable SF 7,500 SF
Lot Size 5.30 AC Year Built 2024
Lease Type NNN Lease Term Ten (10) Years

Investment Highlights

  • New 2024 High-Quality Construction
  • Corporate Guarantee by Humana (NYSE: HUM) — The Fourth Largest Health Insurance Provider in the United States
  • New 10-Year Lease with 10% Rental Increases Every 5-Years
  • Traffic Counts Exceed 49,000 Vehicles Per Day
  • Over 223,000 Residents & Average Household Income Exceeding $82,000 Within a 5-Mile Radius
  • Excellent Visibility & Access on Two Main Commuter Thoroughfares (Turnpike Rd & Frederick Blvd)

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Humana - Portsmouth, VA
Humana - Portsmouth, VA
Humana - Portsmouth, VA

For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
[email protected]

David Brian Zacharia
DZ Net Lease Realty, LLC
[email protected]
Works with Virginia Resident Buyers