27490 Southampton Pkwy - Fast Food FOR SALE
Courtland, VA 23837 |
27490 Southampton Pkwy
Courtland, VA 23837
HIGHLIGHTS
- Absolute Net Leased Dairy Queen Grill & Chill Drive-Thru With Four Years of Base Term Remaining, Four Five-Year Options and 1.5% Annual Rent Increases
- Long-Term Dairy Queen Location Was Opened in 1988 and Renovated in 2008
- Lease is Backed by an Operator of 15 Dairy Queen Locations Throughout the Hampton Roads Region
- Solid Retail Location Along a Major State Route (VA-58) With Traffic Volume Reaching Nearly 22,000 Vehicles Per Day
- Nearby Tenants Include the DMV, 7-Eleven, Food Lion, the Courtland Inn, and Dollar General, and an 8-Minute Drive to Major Retailers Such as Walmart
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Dairy Queen
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
2992
STORIES
1
YEAR BUILT
1988
SPRINKLERS
-
PARKING SPACES
37
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
76-17H
