3464 S Military Hwy
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3464 S Military Hwy
2,858 SF Retail Building Chesapeake, VA 23323 $3,331,000 ($1,166/SF) 6% Cap Rate
Investment Highlights
- Absolute Net Lease | No landlord responsibilities
- Experienced operator | NAKA OPCO, LLC | 6+ locations in Virginia
- Close proximity to Food Lion-anchored center | George Washington Commons | 44,357 SF of retail space
- Long lease term | 19 years remaining
- Great visibility from S Military Hwy | 18,000 VPD
- Large parcel | 1.36 acres
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Bojangles in Chesapeake, VA. We welcome your review of this attractive investment.
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
2,858 SF
Building Class
B
Year Built
2024
Price
$3,331,000
Price Per SF
$1,166
Cap Rate
6%
NOI
$199,860
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.36 AC
Parking
35 Spaces (12.25 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0252011000136 | Improvements Assessment | $0 |
| Land Assessment | $418,800 | Total Assessment | $418,800 |
PROPERTY TAXES
Parcel Number
0252011000136
Land Assessment
$418,800
Improvements Assessment
$0
Total Assessment
$418,800
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3464 S Military Hwy
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