743 Lynnhaven Pky - Restaurant FOR SALE
Virginia Beach, VA 23452 |
743 Lynnhaven Pky
Virginia Beach, VA 23452
HIGHLIGHTS
- Corporately Guaranteed NNN Ground Lease With 11 Years Remaining
- 10 Percent Rent Increases Every 5 Years in Firm Term and First Two 5-Year Options
- 15 Percent Rent Increase in Third 5-Year Renewal Option
- 1.15-Acre Outparcel to Lynnhaven Mall, Largest Shopping Center in Southeast Virginia
- Panera Operating at Lynnhaven Mall Over 15 Years — Moved to This Build-to-Suit Location in 2021
- Situated Between 59,000+ AAWDT Lynnhaven Parkway and 23,000+ AAWDT South Lynnhaven Road
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Panera
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
4450
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
82
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
1496-46-8027
