Starbucks | 4393 Virginia Beach Blvd
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Starbucks 4393 Virginia Beach Blvd
1,387 SF Retail Building Virginia Beach, VA 23462 $2,913,000 ($2,100/SF) 5.15% Cap Rate
Investment Highlights
- Extremely Rare 20-Year Absolute NNN Ground Lease
- Close Proximity to Virginia Beach Town Center
- Dense, Affluent Customer Base
- High Traffic Location with Strong Access
- Centrally Located in Dominant Retail Trade Area
- Virginia Beach-Norfolk MSA
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,387 SF
Building Class
B
Year Built
1995
Price
$2,913,000
Price Per SF
$2,100
Cap Rate
5.15%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.85 AC
Zoning
B-4 - Mixed Use District
Parking
19 Spaces (13.7 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Walk Score ®
Very Walkable (80)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 1477-75-4180 | Improvements Assessment | $493,300 |
Land Assessment | $1,124,000 | Total Assessment | $1,617,300 |
PROPERTY TAXES
Parcel Number
1477-75-4180
Land Assessment
$1,124,000
Improvements Assessment
$493,300
Total Assessment
$1,617,300
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Starbucks | 4393 Virginia Beach Blvd
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