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The CVS/pharmacy is an approximately 12,806-square foot absolute NNN leased investment located on approximately 1.53 acres in Chesapeake, Virginia. Constructed in 2012, the CVS/pharmacy is located on a on a four-way signalized corner with visibility from South Military Highway and Canal Drive. The property is being offered at a 5.50% CAP with a new 25 year lease. There are ten, five-year options to renew with fair market value increases at the beginning of each option period in options three to ten. The lease is absolute NNN, with no landlord maintenance responsibilities under the lease.
Property for sale or build to suit.
Building is +/- 4800 sq ft built in 2006 Property is .823 acre and zoned B-2 Asking $1,400,000.00 For Sale or $24 psf nnn lease
1,824 SFPrice Upon Req.
Property is rectangular in shape, containing about 39,596 sq.ft., with 230 ft of highway frontage. Property is located on the south side of Cedar Road, across from Rountree Drive at the entrance to the Las Gavitos Shopping Center in Chesapeake, VA. The property is in front of a strip mall. Traffic flow is moderate with both access and visibility ranked as good.
Built in 1993, this double-drive thru restaurant offers "Left Turn" ingress/egress access directly to Western Branch Boulevard.
Charming neighborhood sandwich shoppe advantageously located on a busy corner lot with high visibility. Once a small barn, the structure was converted 12 years ago into the current space. Ample cabinets and counter-space, microwave and outlets for a range and refrigerator. The lobby area is designed for a carry out/fax order clientele. Back employee space has multiple industrial sinks, an employee restroom, and a second exit to the back grassy lot. Adjacent, ample parking.
This offering is for the 100% fee simple interest in the land and building. The property is leased to Walgreens under an absolute NNN lease. The property includes a drive-thru.
8,480 SF Office Building on 2.041 Acres, currently leased by DMV through 2018. Zoned B-1. Gross Income - $184,000. NOI - $147,470.
Stand-alone retail building at intersection of Bainbridge Blvd. & Park Ave. Marquee sign, good visibility and off-street parking. Currently leased, tenant plans to renew.
Free Standing Fast Food restaurant situated along the "Going Home" side of the road. Approximately 52 parking stalls.