7727 Tidewater Dr - Fast Food FOR SALE
Norfolk, VA 23505 |
$3,290,000 USD
704-379-1985
7727 Tidewater Dr
Norfolk, VA 23505
HIGHLIGHTS
- Brand new 15-year term
- Corporate Lease | Panera, LLC | 2,173+ locations nationwide
- Less than 10 minutes from the world’s largest naval base| Naval Station Norfolk | 82,000 active-duty personnel | 4,631 acres
- Investment Grade Credit | Baa/BBB+
- Great visibility from Tidewater Drive | 30,000 VPD
- Outparcel to Southern Shopping Center | 219,926 SF of prime retail space
FOR SALE DETAILS
PRICE
$3,290,000 USD
PRICE/SF
$940 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Panera Bread
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.89 AC
LAND SF
38,768 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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704-379-1985
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704-379-1985
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