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1024 N Eden Way
Chesapeake, VA 23320

$4,395,000 USD

Restaurant For Sale  •  6,384 SF

Property Details

• Property Type Restaurant
• Total Building Size 6,384 SF
• Lot Size 1.59 AC
• Building Class B
• Year Built 2004
• Cap Rate 6.50 %
• Tenancy Single
• Zoning PUD: PLANN

40 Transit Score

68 Walk Score

Highlights

The tenant is responsible for all Taxes, CAM, and insurance, providing no landlord ownership responsibilities.

The lease calls for rental increases of 10% every five years including the option periods.

The property is conveniently located near Interstate 64, offering direct access to Norfolk, Virginia Beach

Additional national retailers in the area include Chick Fil’a, Walmart Super Center, TJ Maxx, Target, and Raising Cains.

Cap Rate:

6.50 %

Amenities

• Dedicated Turn Lane
• Pylon Sign
• Signalized Intersection

Public Transportation

Commuter Rail	Drive	Walk	Distance
Norfolk (Northeast Regional - Amtrak)	14 min	-	7.6 mi
Airport	Drive	Walk	Distance
Norfolk International	18 min	-	11.3 mi
Newport News/Williamsburg International	53 min	-	36.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes