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7727 Tidewater Dr
Norfolk, VA 23505

$3,290,000 USD

Fast Food For Sale  •  3,500 SF

Property Details

• Property Type Fast Food
• Total Building Size 3,500 SF
• Lot Size 0.89 AC
• Year Built 2024
• Cap Rate 5.00 %
• Tenancy Single

53 Transit Score

82 Walk Score

Highlights

Brand new 15-year term

Corporate Lease | Panera, LLC | 2,173+ locations nationwide

Less than 10 minutes from the world’s largest naval base| Naval Station Norfolk | 82,000 active-duty personnel | 4,631 acres

Investment Grade Credit | Baa/BBB+

Great visibility from Tidewater Drive | 30,000 VPD

Outparcel to Southern Shopping Center | 219,926 SF of prime retail space

Cap Rate:

5.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Panera Bread	3,500 SF	9/30/2039

Amenities

• Drive Thru

Public Transportation

Commuter Rail	Drive	Walk	Distance
Norfolk (Northeast Regional - Amtrak)	12 min	-	5.6 mi
Airport	Drive	Walk	Distance
Norfolk International	9 min	-	4.1 mi
Newport News/Williamsburg International	36 min	-	24.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	40
Type:	Surface
Included in Rent:	Yes