$3,150,000 USD
704-379-1985
7701 Tidewater Dr
Norfolk, VA 23505
Cottage Row Park/Denby Park
HIGHLIGHTS
- Brand new 15-year term
- Corporate Lease | Panera, LLC | 2,173+ locations nationwide | Investment Grade Credit | Baa/BBB+
- Less than 10 minutes from the world’s largest naval base| Naval Station Norfolk | 82,000 active-duty personnel | 4,631 acres
- Outparcel to Southern Shopping Center | 219,926 SF of prime retail space
- Located inside of dense retail corridor | 3.1M SF within a 2-mile radius
- Attractive population density within a 5-mile radius | 228,030 residents
FOR SALE DETAILS
PRICE
$3,150,000 USD
PRICE/SF
$900 USD /SF
CAP RATE
5.22%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Panera Bread
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
0.88 AC
LAND SF
38,333 SF
ZONING
Commercial
APN/PARCEL ID
07363908
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704-379-1985
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704-379-1985
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