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1370 S Military Hwy
Chesapeake, VA 23320 Indian River

$795,000 USD

Restaurant For Sale • 2,760 SF

Property Details

Property Type Restaurant
Total Building Size 2,760 SF
Lot Size 0.57 AC
Building Class B
Year Built 1977
Cap Rate 15.09 %
Tenancy Single
Zoning PUD

30 Transit Score

40 Walk Score

                
                    Highlights
                
                                Prime Chesapeake Location with High Visibility & Strong Customer Base
                            
                                Turnkey Restaurant + Real Estate + FF&E, Fully equipped commercial kitchen with pizza ovens, refrigeration, and restaurant equipment
                            
                                Nearly 20 years of established operation with strong reputation and loyal customer base

Property Flyers

1370 Professional Flyer_061626

Financial Summary

Cap Rate:

15.09 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Sunrise Pizzeria		6/20/2035

Amenities

Bus Line
Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
	12 min	-	5.6 mi
Airport	Drive	Walk	Distance
Norfolk International	16 min	-	8.1 mi
Newport News/Williamsburg International	51 min	-	34.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	32
Type:	Surface
Included in Rent:	Yes

Mustafa Cuce 757-710-7043 Sunrise Real Estate Group

1370 S Military Hwy Chesapeake, VA 23320 Indian River