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" Three buildings comprised of 21,200 SF " Building #1 (Retail): 6,300 SF " Building #2 (Industrial): 8,900 SF " Building #3 (Industrial): 6,000 SF " 1.62 AC (100' x 700' ) " 96% occupied " Ideal property for investor, owner/operator, or re-development " Zoned B2
32,000 sf Retail investment property. Located at Lynnhaven Mall -the largest super regional mall in Virginia. Credit Tenant. Developer ready to make a deal and move to the next project. Offering a 8.4% cap rate 2014 with a 9.4% cap rate for jan 1 2016.
Marcus & Millichap is proud to present this absolute net-leased childcare facility in Virginia Beach, Virginia. Virginia Beach is the most populous city in Virginia, located on the Atlantic Ocean at the mouth of the Chesapeake Bay. The subject property at 6048 Providence Road is well located next to the major intersection of Indian River Road and Providence Road which have a combined traffic count of over 50,000 cars per day. The building resides just off Interstate 64 and is next to Woodstock Elementary School. Additionally, the area boasts strong demographics with a growing population of 296,000 within five miles. This asset is not only in a premium location, but offers favorable lease terms. There are currently six years remaining on the base term with generous increases every five years. There are two five-year options; a new investor can be confident the tenant will renew. This is an ideal investment for any investor looking for a stable asset with a strong return.
The Landstown Centre offers the unique opportunity for investors to acquire a newly constructed, 8 tenant, retail center leased to notable tenants Mattress Firm, Zoe' s Kitchen, Gentle Dental, and Jimmy Johns. The property is located in a dense retail corridor across the street from Landstown Commons, which is a major shopping destination in the Landstown submarket with over 400,000 square feet. Additionally, 130,000 square feet of medical use is under construction or in development in the immediate vicinity. Within a 1-mile radius the population has an average household income of over $103,000 and has a student population over 32,000. In addition, the Virginia Beach Sportsplex located next to the property generates over 800,000 visitors annually. Investors will benefit from the stable income stream provided by the long term leases of the tenants and the real estate appreciation provided by the infill location.
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 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.
MUST SEE THIS BEAUTIFUL CAFE, SALES NAME BRAND YOGURT, CAFE, FOODS...ETC. GOOD PROFIT BUSINESS. MUST CALL FOR AN APPOINTMENT FOR SHOWING
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.
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.