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Norfolk building sells for $1.4 million

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A Norfolk retail building has sold for $1.4 million.

The commercial real estate firm S.L. Nusbaum said that Vibe Holdings LLC bought the 7,242-square-foot building located at 5700 and 5718 E. Virginia Beach Boulevard.

The seller of the structure, which sits on 2.7 acres, was the Spencer Family LLC.

Michael Myers of S.L. Nusbaum handled the transaction.

In addition, Dollar Tree Stores has leased space at Dam Neck Square Shopping Center in Virginia Beach.

The 12,390-square-foot store is located at 1577 General Booth Boulevard.

Mike Zarpas, Martin Murden, Matthew Nusbaum and Sam Rapoport of S.L. Nusbaum represented the landlord.

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