1672 Sentinel Dr | Chesapeake, VA 23320
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1672 Sentinel Dr
Chesapeake, VA 23320
Recovery Sports Grill · Retail Property For Sale
Investment Highlights
- Fully equipped with all FF&E to convey (refer to equipment list) from Vacating Tenant
- Excellent retail fundamentals and demand drivers
- Excellent day and nighttime demographics
- Located in a dominant retail corridor
- Modern construction 2nd generation Restaurant
- Excellent Interstate Access and visibility
Executive Summary
CBRE is pleased to offer an opportunity to purchase a fully equipped, 2nd generation restaurant in the highly sought after Greenbrier submarket in Chesapeake, Virginia. Perfect Owner User opportunity! Greenbrier is one of the most dominant commercial corridors in the Hampton Roads metropolitan area and has the highest daytime business population in the region and is surrounded by a dense residential area. The property sits within one mile of Greenbrier Parkway, and Dollar Tree/Family Dollars corporate headquarters and the newly constructed $300,000 mixed-use development, Summit Pointe.
The property is strategically located at the intersection of Battlefield Boulevard and Interstate 64 (97,000 VPD) and lies within the Greenbrier Square Development, a 260,000 square foot regional power center anchored by national retailers such as Dick’s Sporting Goods, Field & Stream, and a 124,000 square foot Kroger Marketplace.
The restaurant building improvements were constructed in 2019 on a 1.77 acre lot. It features modern 7,435 square feet of building area with a partially covered outdoor seating area equipped with an outdoor fireplace and a roll up garage style door.
The property is strategically located at the intersection of Battlefield Boulevard and Interstate 64 (97,000 VPD) and lies within the Greenbrier Square Development, a 260,000 square foot regional power center anchored by national retailers such as Dick’s Sporting Goods, Field & Stream, and a 124,000 square foot Kroger Marketplace.
The restaurant building improvements were constructed in 2019 on a 1.77 acre lot. It features modern 7,435 square feet of building area with a partially covered outdoor seating area equipped with an outdoor fireplace and a roll up garage style door.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,435 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2019
Price
$3,775,000
Price Per SF
$508
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.77 AC
Zoning
B3 - General Business District.
PROPERTY TAXES
Parcel Number | 0270000001620 | Improvements Assessment | $2,649,200 |
Land Assessment | $1,903,900 | Total Assessment | $4,553,100 |
PROPERTY TAXES
Parcel Number
0270000001620
Land Assessment
$1,903,900
Improvements Assessment
$2,649,200
Total Assessment
$4,553,100
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