This Retail Property is no longer advertised on LoopNet.com.
600 Pavilion Dr
Chesapeake, VA 23322
Firestone Complete Auto Care · Retail Property For Sale
Investment Highlights
- Term Absolute NNN Lease with over 18.5 years remaining on Base Term.
- 7.5% increases every 5 years throughout the base term and each option period.
- Out-parcel to Walmart Supercenter.
- Strong corporate guarantee from Internet resistant tenant.
- High income market of the Norfolk/Virginia Beach, VA MSA | Incomes exceeding $120K
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
7,830 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.95 AC
Zoning
PUD
Frontage
213 FT on Grassfield Pkwy
PROPERTY TAXES
Parcel Number | 0460000001566 | Improvements Assessment | $2,622,300 |
Land Assessment | $721,000 | Total Assessment | $3,343,300 |
Learn More About Investing in Retail Properties
Listing ID: 19770008
Date on Market: 6/3/2020
Last Updated:
Address: 600 Pavilion Dr, Chesapeake, VA 23322
The Retail Property at 600 Pavilion Dr, Chesapeake, VA 23322 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.