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103 Lake View Pky
Suffolk, VA 23435
Applebee's · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,231 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.38 AC
Zoning
GENERAL CO
Parking
72 Spaces
Frontage
374’ on College Dr

ABOUT 103 LAKE VIEW PKY , SUFFOLK, VA 23435

Alpha Real Estate Investment Advisors has been exclusively retained to offer for sale the Applebee's Restaurant located at 103 Lakeview Parkway in Suffolk, VA. The property is leased to Potomac Family Dining Group a 69 unit Applebee's franchise with restaurants in Maryland, Virginia, West Virginia, North Carolina and Pennsylvania. Potomac Family Dining Group is the sixth largest Applebee's operator in the national chain system. This Applebee's Restaurant is extremely well located and is situated at the signalized entrance to the Lakeview Technology Park. This business park is guarded and gated for access to a massive military facility in Suffolk, Virginia where the United States Navy operates sections of the Navy Cyber Forces; Fleet Cyber Command; Naval Network Warfare Command; and Navy Cyber Defense Operations Command. This employee base is an excellent source of patronage for the restaurant, as well as the student body from the Tidewater Community College and Vocational schools located on the opposite side of I-664. The property is situated at the signalized intersection of College Drive & Lakeview Parkway and across from the Harbour View East shopping center.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
304525300
Land Assessment
$1,035,000
Improvements Assessment
$1,391,600
Total Assessment
$2,426,600
  • Listing ID: 6445150

  • Date on Market: 3/24/2017

  • Last Updated:

  • Address: 103 Lake View Pky, Suffolk, VA 23435

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