217 Carmichael Way - Retail FOR SALE


Chesapeake, VA 23322- Pleasant Grove West
$3,548,000 USD
704-714-2363
217 Carmichael Way, Chesapeake, VA for Sale
$3,548,000 USD
Retail - FOR SALE
1/6
null | 5.25% Cap Rate

217 Carmichael Way
Chesapeake, VA 23322
Pleasant Grove West


HIGHLIGHTS

  • Desirable lease term | New 15-year term
  • Absolute net lease | Zero landlord responsibilities
  • Corporate lease | Panera, LLC | 2,200 locations
  • Drive-thru included | Enhances convenience and sales volume
  • Located off Chesapeake Expressway | 39,000 VPD
  • Explosive population growth within 1-mile | 191.06% from 2010-2025

OVERVIEW

Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Panera Bread in Chesapeake, VA. We welcome your review of this attractive investment.

FOR SALE DETAILS

PRICE

$3,548,000 USD

PRICE/SF

$1,267 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Panera

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

Commercial

APN/PARCEL ID

0730000001773

ASK ABOUT THIS PROPERTY

Carl BrendesBerkeley Capital AdvisorsMore Info
704-714-2363

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Carl BrendesBerkeley Capital AdvisorsMore Info
704-714-2363

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.