5000 Portsmouth Blvd | Chesapeake, VA 23321
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- LoopNet Team
5000 Portsmouth Blvd
Chesapeake, VA 23321
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new 10-year lease
- Investment Grade Credit | Baa1/BBB+
- Close proximity to I-664 | Main thoroughfare between Newport News and Chesapeake | 85,000 VPD
- Corporate Lease | Starbucks Corp. | 38,000+ locations across 86 countries
- Located on a signalized corner intersection with great visibility from Portsmouth Blvd
- Located inside of dense industrial corridor | 6.3M SF within a 2-mile radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Property Size
2,500 sq ft
Costar Property Class
C
Year Built
2024
Tenancy
Single
Number of Floors
1
Plot ratio
0.06
Total Plot Size
1.04 ac
Use Class
B2: GENERA
Parking
27 Spaces (10.8 Spaces per 1,000 sq ft Leased)
Frontage
104 ft on Portsmouth Blvd
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0150000001920 | Improvements Assessment | £1,398,068 |
| Land Assessment | £355,389 | Total Assessment | £1,753,457 |
PROPERTY TAXES
Parcel Number
0150000001920
Land Assessment
£355,389
Improvements Assessment
£1,398,068
Total Assessment
£1,753,457
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