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6387 Center Drive

Southeast Pain & Spine Care Specialists LLC Acquires Office Building In Norfolk For $1.9M
SOLDOffice

Southeast Pain & Spine Care Specialists LLC Acquires Office Building In Norfolk For $1.9M

6387 Center Drive

$1,900,000

$151/SF

Building Size

12,532 SF

Asset Type

Office

Closing

Feb 23, 2026

AI

The property involved in the transaction is an office building located at 6387 Center Drive in Norfolk, VA. It was sold for $1,900,000, covering a total area of 12,532 square feet, which amounts to a price per square foot of $152.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $1,900,000
  • Buyer: Southeast Pain & Spine Care Specialists LLC
  • Seller: Interstate Corporate Center
  • Broker: Rob Wright - Cushman & Wakefield

Southeast Pain & Spine Care Specialists LLC plans to redevelop the acquired office building into a pain care medical facility. The broker representing the transaction was Rob Wright from Cushman & Wakefield.

Players

Rob Wright

Cushman & Wakefield

Broker

$119.1M

vol

8 deals

Broker

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

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93