For Sale / Lease Free Standing Professional Building 775 Poquoson Avenue Poquoson, Virginia FOR ADDITIONAL INFORMATION, PLEASE CONTACT: Campana Waltz Commercial Real Estate, LLC Ron A. Campana, Jr. 11832 Fishing Point Drive, Suite 400 Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com www.campanawaltz.com This information was obtained from sources deemed to be reliable, but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice.
FOR SALE/LEASE 775 Poquoson Avenue Poquoson, Virginia Location: Description: 775 Poquoson Avenue Poquoson, Virginia, 23662 Professional free standing office/retail building which is centrally located in Poquoson, Virginia. This property is ideal for a small to mid-sized professional business or organization. The space offers a very functional layout and is move-in ready. The building has a grade door on the rear of the property. The roof, HVAC, and interior have all been completely remodeled approximately 4 years ago. Property is on county water and sewer. Building Size: Land Size: Sale Price: Lease Rate: Zoning: Approximately 1,800 Square Feet Approximately.16 Acres $130,000.00 ($72.22/square foot) $10.00 / Square Foot (Lease Rate is inclusive of Real Estate Taxes) B-1 Business District Additional Information: Interior Photographs Floor Plan Plat Aerials Location Map Zoning Information Demographic Information For additional information please contact: Ron A. Campana, Jr. Campana Waltz Commercial Real Estate, LLC 11832 Fishing Point Drive, Suite 400 Newport News, Virginia 23606 Phone (757) 327-0333 / Fax (757) 327-0984 Ron@CampanaWaltz.com www.campanawaltz.com This information was obtained from sources deemed to be reliable, but is not warranted. This offer subject to errors and omissions or withdrawal without notice.
775 Poquoson Avenue Interior Photos This information was obtained from sources deemed to be reliable, but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice.
775 Poquoson Avenue Interior Photos This information was obtained from sources deemed to be reliable, but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice.
775 Poquoson Avenue, Poquoson, Virginia Approximately 1,800 square feet Not to Scale for illustration purposes only This information was obtained from sources deemed to be reliable, but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice.
775 Poquoson Avenue, Poquoson, Virginia This information was obtained from sources deemed to be reliable, but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice.
775 Poquoson Avenue, Poquoson, Virginia This information was obtained from sources deemed to be reliable, but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice.
775 Poquoson Avenue Poquoson, Virginia This information was obtained from sources deemed to be reliable, but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice.
775 Poquoson Avenue Poquoson, Virginia This information was obtained from sources deemed to be reliable, but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice.
ARTICLE IX. - B-1 DISTRICT REGULATIONS Section 9-1. - Application and purpose of article; composition of district. (a) The provisions of this article shall apply in the business district B-1 and, as used in this article, the words "this district" shall mean the business district B-1. (b) This district is composed of offices and certain businesses. The regulations for this district are designed to promote office structures that are normally used during daylight hours and that will not attract concentrations of traffic and crowds of customers. Section 9-2. - Permitted uses. In this district, any building to be erected or land to be used shall be restricted to one of the following uses: (1) Professional offices for professional and personal services, such as physicians, engineers, lawyers, opticians, surveyors, banks and similar professions. (2) Public and semipublic uses, such as courthouses, churches and government office buildings. (3) Parking lots to be used only in connection with any permitted uses for off-street parking. (4) Public utilities, poles, lines (not to exceed 40 feet), distribution transformers, exchanges, pipes, meters and other facilities for the provision and maintenance of public utilities, including water and sewerage facilities. Section 9-3. - Sign regulation. Signs shall meet the applicable regulations of the sign ordinance. Section 9-4. - Area and frontage regulations. There are no area and frontage regulations in this district, except for off-street parking which shall be in accordance with the provisions contained in this ordinance. Section 9-5. - Setback requirements. (a) Setbacks in this district shall be located 35 feet or more from any street right-of-way. This shall be known as the setback line. No structure shall be located closer to the street than the setback line, except that signs which meet the requirements of the sign ordinance [appendix D] may be located in the front yard. (b) In the case of corner lots, the side yard shall have a setback of 20 feet or more for all buildings. (Ord. No. 549, 5, 7-24-1984; Ord. No. 710, 1, 2-8-1988) Section 9-6. - Height regulations. In this district, buildings may be erected up to 35 feet in height from grade. Section 9-7. - Yards and buffer zone. (a) In this district, there shall be a side yard, not less than 15 feet in width, on the side of a lot adjoining a residential district, and a rear yard, not less than 30 feet in depth, on the rear side of a lot adjoining a residential district. Page 1
(b) Sufficient area shall be provided to adequately screen permitted uses in this district from residential districts and for off-street parking incidental to the industry and its employees and clients. (c) Any such buffer zone required shall be of such width and length as may be necessary to adequately screen the property involved and be planted with suitable shrubbery, evergreens or trees having a height of not less than six feet at the time of the planting thereof. The expense for any such buffer zone shall be paid by the landowner of the property upon which the buffer zone is located. Upon failure of the landowner to establish and maintain such a buffer zone by and from the time of the completion of any construction for which a permit is issued as to such property, the city may install and maintain such buffer zone and the expenses incurred by the city in so doing shall be chargeable to and paid by the owner of the property and the expenses so incurred shall constitute and be a lien upon the property to be collected by the city as taxes and levies are collected. (d) A required buffet zone shall utilize one of the below options and will be considered by the planning commission and city council during site plan or subdivision review: [4] (1) Suitable shrubbery, evergreens or trees. (2) Wood, chainlink fence, cement block, brick or other materials for a fence or wall. (3) Any combination of natural and manmade materials. Footnotes: --- (4) --- Cross reference Subdivision ordinance, app. B; site plan ordinance, app. C. Section 9-8. - Visual obstructions at intersections. For purposes of safety of travel, there shall be no structures, fences, shrubbery or other obstructions to vision more than 3½ feet above the curb level within the area enclosed by the property line of corner lots and a line joining points at a distance of ten feet from their intersections. Section 9-9. - Construction of permanent buildings; removal of other buildings. All permanent buildings in this district must be constructed on the building site using materials of a permanent nature. All other buildings not pertaining to the nature of the intended business use must be removed. Trailers shall not be considered as permanent buildings for business use. Page 2
Demographic and Income Profile 775 Poquoson Ave, Poquoson, Virginia, 23662 Prepared by Janice Lewis, CCIM Drive Time: 5 minute radius Latitude: 37.13235 Longitude: -76.38039 Summary Census 2010 2016 2021 Population 6,226 6,362 6,398 Households 2,355 2,414 2,432 Families 1,826 1,865 1,875 Average Household Size 2.62 2.61 2.61 Owner Occupied Housing Units 1,845 1,868 1,892 Renter Occupied Housing Units 510 546 540 Median Age 43.8 46.0 48.1 Trends: 2016-2021 Annual Rate Area State National Population 0.11% 0.97% 0.84% Households 0.15% 0.93% 0.79% Families 0.11% 0.86% 0.72% Owner HHs 0.26% 0.89% 0.73% Median Household Income 2.94% 2.35% 1.89% 2016 2021 Households by Income Number Percent Number Percent <$15,000 119 4.9% 130 5.3% $15,000 - $24,999 155 6.4% 150 6.2% $25,000 - $34,999 145 6.0% 120 4.9% $35,000 - $49,999 234 9.7% 297 12.2% $50,000 - $74,999 439 18.2% 250 10.3% $75,000 - $99,999 293 12.1% 305 12.5% $100,000 - $149,999 564 23.4% 635 26.1% $150,000 - $199,999 247 10.2% 301 12.4% $200,000+ 219 9.1% 244 10.0% Median Household Income $83,301 $96,309 Average Household Income $102,349 $111,348 Per Capita Income $39,230 $42,732 Census 2010 2016 2021 Population by Age Number Percent Number Percent Number Percent 0-4 263 4.2% 250 3.9% 246 3.8% 5-9 385 6.2% 311 4.9% 282 4.4% 10-14 497 8.0% 434 6.8% 348 5.4% 15-19 518 8.3% 482 7.6% 398 6.2% 20-24 284 4.6% 354 5.6% 365 5.7% 25-34 494 7.9% 563 8.8% 637 10.0% 35-44 773 12.4% 689 10.8% 673 10.5% 45-54 1,113 17.9% 1,028 16.2% 898 14.0% 55-64 878 14.1% 981 15.4% 1,043 16.3% 65-74 588 9.4% 759 11.9% 865 13.5% 75-84 312 5.0% 372 5.8% 476 7.4% 85+ 122 2.0% 140 2.2% 165 2.6% Census 2010 2016 2021 Race and Ethnicity Number Percent Number Percent Number Percent White Alone 5,885 94.5% 5,893 92.6% 5,924 92.6% Black Alone 55 0.9% 105 1.7% 106 1.7% American Indian Alone 17 0.3% 21 0.3% 21 0.3% Asian Alone 149 2.4% 169 2.7% 171 2.7% Pacific Islander Alone 1 0.0% 1 0.0% 1 0.0% Some Other Race Alone 23 0.4% 34 0.5% 34 0.5% Two or More Races 95 1.5% 140 2.2% 142 2.2% Hispanic Origin (Any Race) 114 1.8% 160 2.5% 164 2.6% Data Note: Income is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. June 19, 2017 2016 Esri Page 1 of 6
Demographic and Income Profile 775 Poquoson Ave, Poquoson, Virginia, 23662 Prepared by Janice Lewis, CCIM Drive Time: 5 minute radius Latitude: 37.13235 Longitude: -76.38039 Trends 2016-2021 Annual Rate (in percent) 2.5 2 1.5 1 0.5 0 Population Households Families Owner HHs Median HH Income Area State USA Population by Age 16 14 12 Percent 10 8 6 4 2 2016 2021 0 0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+ 2016 Household Income $75K - $99K 12.1% $50K - $74K 18.2% $35K - $49K 9.7% $25K - $34K 6.0% $15K - $24K 6.4% <$15K 4.9% $200K+ 9.1% 2016 Population by Race Percent 90 80 70 60 50 40 30 20 $100K - $149K 23.4% $150K - $199K 10.2% 10 0 White Black Am. Ind. Asian Pacific Other Two+ 2016 Percent Hispanic Origin: 2.5% Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. June 19, 2017 2016 Esri Page 2 of 6
Demographic and Income Profile 775 Poquoson Ave, Poquoson, Virginia, 23662 Prepared by Janice Lewis, CCIM Drive Time: 10 minute radius Latitude: 37.13235 Longitude: -76.38039 Summary Census 2010 2016 2021 Population 24,621 25,146 25,558 Households 9,344 9,561 9,728 Families 7,255 7,387 7,490 Average Household Size 2.63 2.62 2.62 Owner Occupied Housing Units 7,027 7,033 7,108 Renter Occupied Housing Units 2,317 2,528 2,620 Median Age 40.8 42.0 42.8 Trends: 2016-2021 Annual Rate Area State National Population 0.33% 0.97% 0.84% Households 0.35% 0.93% 0.79% Families 0.28% 0.86% 0.72% Owner HHs 0.21% 0.89% 0.73% Median Household Income 1.88% 2.35% 1.89% 2016 2021 Households by Income Number Percent Number Percent <$15,000 401 4.2% 441 4.5% $15,000 - $24,999 479 5.0% 459 4.7% $25,000 - $34,999 624 6.5% 537 5.5% $35,000 - $49,999 917 9.6% 1,101 11.3% $50,000 - $74,999 1,400 14.6% 815 8.4% $75,000 - $99,999 1,250 13.1% 1,347 13.8% $100,000 - $149,999 2,252 23.6% 2,462 25.3% $150,000 - $199,999 1,293 13.5% 1,519 15.6% $200,000+ 946 9.9% 1,048 10.8% Median Household Income $92,931 $102,025 Average Household Income $108,752 $117,255 Per Capita Income $40,786 $43,989 Census 2010 2016 2021 Population by Age Number Percent Number Percent Number Percent 0-4 1,215 4.9% 1,156 4.6% 1,167 4.6% 5-9 1,584 6.4% 1,407 5.6% 1,304 5.1% 10-14 2,035 8.3% 1,794 7.1% 1,587 6.2% 15-19 2,117 8.6% 1,888 7.5% 1,664 6.5% 20-24 1,414 5.7% 1,441 5.7% 1,306 5.1% 25-34 2,288 9.3% 2,966 11.8% 3,245 12.7% 35-44 3,206 13.0% 2,842 11.3% 3,139 12.3% 45-54 4,754 19.3% 4,199 16.7% 3,522 13.8% 55-64 3,210 13.0% 3,816 15.2% 4,091 16.0% 65-74 1,755 7.1% 2,356 9.4% 2,845 11.1% 75-84 799 3.2% 979 3.9% 1,306 5.1% 85+ 246 1.0% 300 1.2% 383 1.5% Census 2010 2016 2021 Race and Ethnicity Number Percent Number Percent Number Percent White Alone 19,819 80.5% 19,774 78.6% 19,773 77.4% Black Alone 2,795 11.4% 2,921 11.6% 3,002 11.7% American Indian Alone 83 0.3% 96 0.4% 101 0.4% Asian Alone 1,019 4.1% 1,190 4.7% 1,335 5.2% Pacific Islander Alone 15 0.1% 22 0.1% 27 0.1% Some Other Race Alone 173 0.7% 240 1.0% 291 1.1% Two or More Races 717 2.9% 904 3.6% 1,029 4.0% Hispanic Origin (Any Race) 738 3.0% 1,108 4.4% 1,361 5.3% Data Note: Income is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. June 19, 2017 2016 Esri Page 3 of 6
Demographic and Income Profile 775 Poquoson Ave, Poquoson, Virginia, 23662 Prepared by Janice Lewis, CCIM Drive Time: 10 minute radius Latitude: 37.13235 Longitude: -76.38039 Trends 2016-2021 Annual Rate (in percent) 2.2 2 1.8 1.6 1.4 1.2 1 0.8 0.6 0.4 0.2 Area State USA Population Households Families Owner HHs Median HH Income Population by Age 16 14 12 Percent 10 8 6 4 2 2016 2021 0 0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+ 2016 Household Income 2016 Population by Race $75K - $99K 13.1% $50K - $74K 14.6% $35K - $49K 9.6% $25K - $34K 6.5% $15K - $24K 5.0% <$15K 4.2% Percent 70 60 50 40 30 $200K+ 9.9% 20 $100K - $149K 23.6% $150K - $199K 13.5% 10 0 White Black Am. Ind. Asian Pacific Other Two+ 2016 Percent Hispanic Origin: 4.4% Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. June 19, 2017 2016 Esri Page 4 of 6
Demographic and Income Profile 775 Poquoson Ave, Poquoson, Virginia, 23662 Prepared by Janice Lewis, CCIM Drive Time: 15 minute radius Latitude: 37.13235 Longitude: -76.38039 Summary Census 2010 2016 2021 Population 68,698 70,323 71,545 Households 26,915 27,530 27,976 Families 18,553 18,878 19,131 Average Household Size 2.52 2.53 2.53 Owner Occupied Housing Units 16,034 15,956 16,145 Renter Occupied Housing Units 10,881 11,573 11,831 Median Age 35.0 35.8 36.9 Trends: 2016-2021 Annual Rate Area State National Population 0.35% 0.97% 0.84% Households 0.32% 0.93% 0.79% Families 0.27% 0.86% 0.72% Owner HHs 0.24% 0.89% 0.73% Median Household Income 1.95% 2.35% 1.89% 2016 2021 Households by Income Number Percent Number Percent <$15,000 1,648 6.0% 1,915 6.8% $15,000 - $24,999 1,747 6.3% 1,752 6.3% $25,000 - $34,999 2,164 7.9% 1,896 6.8% $35,000 - $49,999 3,421 12.4% 4,319 15.4% $50,000 - $74,999 5,461 19.8% 3,459 12.4% $75,000 - $99,999 3,848 14.0% 4,260 15.2% $100,000 - $149,999 5,273 19.2% 5,744 20.5% $150,000 - $199,999 2,385 8.7% 2,839 10.1% $200,000+ 1,582 5.7% 1,793 6.4% Median Household Income $70,731 $77,893 Average Household Income $88,097 $94,126 Per Capita Income $34,831 $37,150 Census 2010 2016 2021 Population by Age Number Percent Number Percent Number Percent 0-4 4,626 6.7% 4,445 6.3% 4,506 6.3% 5-9 4,689 6.8% 4,617 6.6% 4,424 6.2% 10-14 4,903 7.1% 4,707 6.7% 4,549 6.4% 15-19 4,905 7.1% 4,461 6.3% 4,242 5.9% 20-24 5,697 8.3% 4,914 7.0% 4,606 6.4% 25-34 9,539 13.9% 11,318 16.1% 11,446 16.0% 35-44 8,849 12.9% 8,563 12.2% 9,550 13.3% 45-54 10,880 15.8% 9,683 13.8% 8,360 11.7% 55-64 7,326 10.7% 8,565 12.2% 9,073 12.7% 65-74 4,152 6.0% 5,389 7.7% 6,368 8.9% 75-84 2,223 3.2% 2,613 3.7% 3,192 4.5% 85+ 909 1.3% 1,048 1.5% 1,229 1.7% Census 2010 2016 2021 Race and Ethnicity Number Percent Number Percent Number Percent White Alone 44,145 64.3% 44,112 62.7% 43,914 61.4% Black Alone 17,211 25.1% 17,301 24.6% 17,337 24.2% American Indian Alone 273 0.4% 302 0.4% 322 0.5% Asian Alone 3,227 4.7% 3,829 5.4% 4,364 6.1% Pacific Islander Alone 98 0.1% 139 0.2% 170 0.2% Some Other Race Alone 1,026 1.5% 1,348 1.9% 1,648 2.3% Two or More Races 2,719 4.0% 3,291 4.7% 3,790 5.3% Hispanic Origin (Any Race) 3,408 5.0% 4,777 6.8% 5,950 8.3% Data Note: Income is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. June 19, 2017 2016 Esri Page 5 of 6
Demographic and Income Profile 775 Poquoson Ave, Poquoson, Virginia, 23662 Prepared by Janice Lewis, CCIM Drive Time: 15 minute radius Latitude: 37.13235 Longitude: -76.38039 Trends 2016-2021 Annual Rate (in percent) 2.2 2 1.8 1.6 1.4 1.2 1 0.8 0.6 0.4 0.2 Area State USA Population Households Families Owner HHs Median HH Income Population by Age 16 14 12 Percent 10 8 6 4 2 2016 2021 0 0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+ 2016 Household Income $50K - $74K 19.8% $75K - $99K 14.0% $35K - $49K 12.4% $100K - $149K 19.2% $25K - $34K 7.9% $15K - $24K 6.3% <$15K 6.0% $200K+ 5.7% $150K - $199K 8.7% 2016 Population by Race Percent 60 55 50 45 40 35 30 25 20 15 10 5 White Black Am. Ind. Asian Pacific Other Two+ 2016 Percent Hispanic Origin: 6.8% Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. June 19, 2017 2016 Esri Page 6 of 6
AGENCY DISCLOSURE In a real estate transaction, when the Agent represents the: Seller/Landlord: Buyer/Tenant: then an Agent under a listing agreement with a seller acts as the agent for the seller. The listing company and all of its broker/agents, and the selling company and all of its agents as subagents of the seller, would owe their fiduciary duties to the seller. The broker and broker's agents may still provide buyer/tenants, as customers, with information about properties and available financing, may show them properties, and may assist them in preparing an offer to purchase, option or lease a particular property. then an Agent under a contract with a buyer acts as the agent for that buyer only, as a "Buyer/Broker/Agent," and the Agent is not the seller's agent, even if the Purchase Contract provides that the Seller or the Listing Broker will pay the Agent for the services rendered to the buyer/tenant. An Agent acting as the buyer's/tenant's agent must disclaim sub agency if offered and must disclose the Buyer/Tenant Broker/Agent relationship when dealing with the seller's/landlord's Agent or the Seller/Landlord. The Buyer/Tenant Broker/Agent owes its fiduciary duties to the buyer/tenant. Buyer and Seller (Acting as a Dual Agent): then an Agent, either acting directly or through one or more of the brokerage firm's other Agents, may be the Agent of both the buyer and the seller, but only if the scope of the agency is limited by a written agreement and only with the express knowledge and written consent of both the buyer and the seller. An Agent representing both the buyer and the seller must disclose all information regarding the agency relationship, including the limitation on the Agent's ability to represent either party folly and exclusively. The Agent must not disclose to either party, without the prior consent of the party adversely affected by the disclosure, any information obtained within the confidentiality and trust of the fiduciary relationship. As an example, the Agent must not tell the buyer that the seller will accept a price lower than the listing price, nor tell the seller that the buyer will pay a price offered, without the prior consent of the party adversely affected by the disclosure. Campana Waltz Commercial Real Estate, LLC is the Listing Broker, Buyer Broker, Dual Agent for the property submitted in this information package. Acknowledged by: Campana Waltz Commercial Real Estate, LLC