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1729 S Military Hwy
Chesapeake, VA 23320 Indian River

$2,787,480 USD

Convenience Store For Sale  •  2,684 SF

Property Details

• Property Type Convenience Store
• Total Building Size 3,050 SF
• Lot Size 1.15 AC
• Building Class B
• Year Built 2000
• Cap Rate 5.50 %
• Tenancy Single
• Zoning B2

30 Transit Score

40 Walk Score

Highlights

Long Term Occupancy

Zero Management Responsibilities

Scheduled Rent Increase

Investment Grade Credit

Strategic Retail Location

High Traffic Counts

Cap Rate:

5.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
7-Eleven	3,050 SF	12/31/2031

Public Transportation

Commuter Rail	Drive	Walk	Distance
	11 min	-	5.3 mi
Airport	Drive	Walk	Distance
Norfolk International	18 min	-	9.3 mi
Newport News/Williamsburg International	54 min	-	35.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes