1 of 5

2 of 5

3 of 5

4 of 5

5 of 5

•  Media
• Map
• Street View

5000 Portsmouth Blvd
Chesapeake, VA 23321

$2,895,000 USD

Freestanding For Sale  •  2,500 SF

Property Details

• Property Type Freestanding
• Total Building Size 2,500 SF
• Lot Size 1.04 AC
• Year Built 2024
• Cap Rate 6.00 %
• Tenancy Single
• Zoning B2: GENERA

23 Transit Score

20 Walk Score

Highlights

Brand new 10-year lease

Corporate Lease | Starbucks Corp. | 38,000+ locations across 86 countries

Investment Grade Credit | Baa1/BBB+

Located on a signalized corner intersection with great visibility from Portsmouth Blvd

Close proximity to I-664 | Main thoroughfare between Newport News and Chesapeake | 85,000 VPD

Located inside of dense industrial corridor | 6.3M SF within a 2-mile radius

Cap Rate:

6.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Starbucks	2,500 SF	4/30/2034

Amenities

• Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Norfolk International	32 min	-	19.8 mi
Newport News/Williamsburg International	41 min	-	29.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	19
Type:	Surface
Included in Rent:	Yes