LGBT Life Center Acquires Office Building In Norfolk For $4.26M With Broker Christine Kaempfe
5360 Robin Hood Road
$4,257,600
$100/SF
Building Size
42,476 SF
Asset Type
Office
Closing
Jul 21, 2026
AI
LGBT Life Center acquired an office building located at 5360 Robin Hood Road in Norfolk, Virginia. The transaction was completed for a total price of $4,257,600. The property encompasses an area of 42,476 square feet, translating to a price per square foot of $100.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $4,257,600
- Address: 5360 Robin Hood Road
- Market: Norfolk, VA
- Buyer: LGBT Life Center
- Seller: Robin Hood Road, LLC
- Broker: Christine Kaempfe - Cushman & Wakefield
The acquisition aims to support the nonprofit organization’s expansion efforts in providing healthcare, behavioral health, pharmacy, housing, and support services throughout the Hampton Roads region.
Norfolk Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.73%
Cash-on-Cash
-1.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93