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NNN Leased Investment Property Ideally suited for redevelopment Close proximity to new Virginia Beach Dome
6000 sq. ft. free standing 2 story brick building, that is currently leased to a restaurant/bar. Currently leased for $ 6516/month with annual 3% increase, so a buyer has immediate cash flow while planning for redevelopment.
This is a portfolio sale of two properties located on heavily traveled Newtown Road just north of Virginia Beach Blvd. The portfolio includes a 0.45 acre lot with a leased six bay auto service facility and an adjacent 0.35 acre vacant corner lot. Both parcels are zoned B-2 and are owned by separate but affiliated owners.
26,000 SF For Sale at $2,500,000 ($96.15)/SF 26,000 SF Retail Freestanding Building Built in 1940
2,786 SF Retail Fast Food Building Built in 1982
This is a BUSINESS ONLY property with two years remaining on a five year lease. Five additional one year renewals are available. Purchase an existing restaurant and lounge just 1/2 block from the beautiful Virginia Beach boardwalk. Sale price includes 100K furniture and equipment + 20K for two year P & L. The ABC license is transferable to qualifying applicants.
Profitable self serve frozen yogurt business in favored location. Run by honest and well trained employees. BEST RETURN INVESTMENT. CALL FOR MORE INFORMATION. MUST CALL FOR APPOINTMENT.
MUST SEE THIS BEAUTIFUL CAFE, SALES NAME BRAND YOGURT, CAFE, FOODS...ETC. GOOD PROFIT BUSINESS. MUST CALL FOR AN APPOINTMENT FOR SHOWING
This 8-bay, self serve car wash and lot is zoned B-2 and has many business uses. Possibilities include continuing as a self serve car wash, building a retail or office development, used car lot, etc. Parking includes 25,000 sf concrete parking. The property is also for lease for $3,000 monthly with a two year minimum lease.
Starbucks & Sleepy's is a realtively new construction center built in 2012 well located at the corner of Independence Boulevard and Haygood Road with combined traffic counts exceeding 88,000 VPD. The property is a 7,233 sq.ft. two tenant strip with a drive through for Starbucks and is an out-parcel to the 165,000 Haygood Shopping Center. Both Starbucks and Sleepy's both are on original 10 year NN leases with only roof and structure as the responsibility of the Landlord. Starbucks has a 5% rental increase in 2017 as well as in their renewal options and Sleepy's has 12.5% rent increases in its renewal options.