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World Class Gymnastics Industrial NN Asset Virginia

World Class Gymnastics | Suffolk, VA
Make an Offer
Investment Offering

Tenant: World Class Gymnastics | Suffolk, VA
Premises: 14,400 SF
Renewal Options: 2 x 5 Years

Lease Expiration: 3/31/2025
Lease Type: NN
Rental Increases: 2% Annually


We Are Pleased to Present For Sale the 14,400 SF Industrial NN Asset Located at 5196 Nansemond Pkwy in Suffolk, Virginia. This Deal Includes a Building That is in Excellent Condition and Was Specifically Designed For the Tenant, Providing For a Unique Investment.

  • 600+ Enrollment Count
  • A Build-to-Suite in 2015; Building is in Excellent Condition and Was Specifically Designed For This Tenant
  • Located at the Intersection of Nansemond Pkwy and Shoulders Hill Road Which See a Combined Traffic Count of 20,768 VPD
  • Excellent Demographics in an Affluent Neighborhood With a Population of 75,117 Residents Making an Average Household Income of $99,947 Within a 5-Mile Radius
  • Minutes From the Chesapeake Square Mall, the Crossroads at Chesapeake Square Shopping Center and the Walmart Supercenter
  • Adjacent to the Frito Lay Corporate Offices
  • Other Distribution Centers Nearby Include: Target, QVC, SYSCO, Kraft, Lipton and Massimo Zanetti Beverage
  • Peanuts is the Major Agricultural Industry For Suffolk and the City is Home For Planters’ Peanuts and the Mascot Mr. Peanut
  • Suffolk is an Independent City in the Commonwealth of Virginia; It is the Largest City in the State and Has Miles of Waterfront Property
  • Newport News is 30 Minutes While Richmond is Almost 2 Hours Northwest

In Cooperation With: Scott Reid & ParaSell Inc., a Licensed VA Broker #0226032019 Scott Reid & ParaSell, Inc. Works With Prospective Virginia Resident Buyers SIG Works With Non-Resident Prospective Buyers

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

Tenant Overview

World Class Gymnastics is a National Training Center to develop well-rounded student-athletes by providing a safe and exciting environment for all. World Class Gymnastics offers young gymnasts the professional training they’ve been looking for by world-class gymnastics coaches.
World Class is open to all young gymnasts, regardless of age or ability. In fact, the youngest group of future flippers, known as the Partner Pals, range from 18 months to two years of age. There are 85 competitive gymnasts at the Newport News location and about 400 recreational students.
In 2004 World Class Gymnastics earned the prestigious designation of USA Gymnastics National Training Center by having one of the gymnasts earn a spot on the National Team. In 16 years of gym ownership Tami Elliott has successfully grown a boys and girls team from 40 to over 200 gymnasts.

Area Overview

World Class Gymnastics | Suffolk, VA

5196 Nansemond Pkwy - Suffolk, VA 23435

Contact Broker for Details

Status: Sold

World Class Gymnastics | Suffolk, VA

Austin Marsh

512.817.2643
amarsh@SIGnnn.com

Stratton Greig

512.910.2665
stratton@SIGnnn.com

Scott Reid

949.942.6585
scott@parasellinc.com

Make an Offer
$8.3 BILLION IN SALES

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Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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Costar 2016
Reforum 2015
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Connect Top Broker Award 2018
2021 Official Member Forbes Councils

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