7740 Tidewater Dr - Restaurant FOR SALE
Norfolk, VA 23505 |
7740 Tidewater Dr
Norfolk, VA 23505
HIGHLIGHTS
- 9+ years remaining on lease, with two 5-year options
- National Cajun seafood restaurant concept with strong store sales at this location
- Tenant is trending to do under 5% rent to sales ratio
- Minimal Landlord maintenance obligations, roof and structure only
- Restaurant opened during Covid pandemic to very strong sales
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Hook & Reel Cajun Seafood
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
6214
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
50000548
