BrandSafway NN Asset Industrial Norfolk Virginia

Make an Offer

Investment Offering

Tenant: BrandSafway | Norfolk, VA
Premises: 6,086 SF
Renewal Options: 1 x 3 Years

Lease Expiration: 12/31/2025
Lease Type: NN
Rental Increases: 5.00% at Option

Sands Investment Group is Pleased to Exclusively Offer For Sale the BrandSafway NN Asset Located at 1124 Lance Road in Norfolk, VA. This Deal Includes an Industry Leading Global Provider That Has Recently Executed an Extension at the Site and Has Been at the Property Since 1988 Showing Long Term Commitment to the Location.

The Tenant Has Operated This Location Since 1988 and Recently Executed a 3-Year Extension, Demonstrating a Long Term Commitment to This Site
The Property is Conveniently Located Near a Major Freeway Giving the Tenant Quick Access to the Surrounding Market
BrandSafway is a Global Leader in the Industrial, Commercial and Infrastructure Markets; They Have 360 Locations in 30 Countries and Annual Revenue Exceeding $5 Billion; They Specialize in Access and Scaffolding Systems, Formwork, Shoring and More
Norfolk, VA is Home to the World’s Largest Naval Base, Naval Station Norfolk and Serves as the Headquarters For NATO; These Industries Create a Stable Job Market For More Than 149,000 Military Personnel and Family Members
The Hampton Roads Harbor is the Second Busiest Port on the East Coast and the World’s Largest Ice-Free Harbor; This Bustling Port Provides Easy Shipping Access and Supports the Thriving Industrial Market in Norfolk
In 2021, USA Today Recognized Norfolk as One of the Top 10 Booming Downtowns; the City’s Decades-Long Growth in Housing, Retail, and Financial Sectors Make it a Prime Destination For Investing

In Association with Scott Reid & ParaSell, Inc. | Costa Mesa, California | A Licensed Virginia Broker #0226032019 Licensed in AR, CA, CO, CT, DC, FL, GA, HI, ID, IL, IA, IN, KS, KY, ME, MD, MA, MI, MN, MO, MT, NC, ND, NE, NJ, NM, NY, NV, NM, NC, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WY Scott Reid & ParaSell, Inc. Works With Prospective Virginia Resident Buyers | SIG Works With Non-Resident Prospective Buyers

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Tenant Overview

BRANDSAFWAY SERVICES

BrandSafway is a leading global provider of access, specialized services, and forming and shoring solutions to the industrial, commercial and infrastructure markets. With a commitment to safety as its foremost value, BrandSafway provides the broadest range of solutions with the greatest depth of expertise to the industrial, commercial and infrastructure markets. Through a network of 360 strategic locations across 30 countries and more than 40,000 employees, BrandSafway delivers a full range of services. BrandSafway supports maintenance and refurbishment projects as well as new construction and expansion plans with unmatched service from expert local labor and management. Today’s BrandSafway is At Work For You™ — leveraging innovation and economies of scale to increase safety and productivity, while remaining nimble and responsive. The company was started in 1919 and is headquartered in Georgia. Over the years the company expanded to other countries.BRANDSAFWAY SERVICES BrandSafway is a leading global provider of access, specialized services, and forming and shoring solutions to the industrial, commercial and infrastructure markets. With a commitment to safety as its foremost value, BrandSafway provides the broadest range of solutions with the greatest depth of expertise to the industrial, commercial and infrastructure markets. Through a network of 360 strategic locations across 30 countries and more than 40,000 employees, BrandSafway delivers a full range of services. BrandSafway supports maintenance and refurbishment projects as well as new construction and expansion plans with unmatched service from expert local labor and management. Today’s BrandSafway is At Work For You™ — leveraging innovation and economies of scale to increase safety and productivity, while remaining nimble and responsive. The company was started in 1919 and is headquartered in Georgia. Over the years the company expanded to other countries.

Area Overview