1370 S Military Hwy 2,760 SF Retail Building Chesapeake, VA 23320 $795,000 ($288.04/SF) 15.09% Cap Rate

TURNKEY RESTAURANT & REAL ESTATE INVESTMENT OPPORTUNITY – CHESAPEAKE, VA
Exceptional opportunity to acquire a fully operational, long-established restaurant along the highly visible S Military Highway corridor in Chesapeake, Virginia. This rare offering includes the real estate, successful restaurant business, valuable goodwill, and all furniture, fixtures, and equipment (FF&E), providing a true turnkey operation for investors, restaurateurs, or entrepreneurs.
The restaurant has been successfully serving the community for nearly 20 years, earning a strong reputation, loyal customer base, and consistent presence in the area. The property features approximately 2,623 square feet of freestanding restaurant space situated on a 25,003 square foot lot (approximately 0.57 acres), offering excellent visibility, convenient access, and ample parking.
The fully equipped commercial kitchen includes pizza ovens, grills, refrigeration units, food preparation equipment, storage areas, and all essential restaurant equipment necessary for continued operation. The dining area is fully furnished and designed to accommodate immediate business continuity with minimal downtime.
Purchase Options:
Complete Package – $795,000
Commercial real estate
Established restaurant business
Goodwill and customer base
All furniture, fixtures & equipment (FF&E)
Fully equipped commercial kitchen
Business Only – $140,000
Established business
Goodwill
Equipment & FF&E
Attractive lease opportunity available
Approximate lease payment: $5,500 per month
Property Highlights:
Freestanding commercial building
Approx. 2,623 SF building
Approx. 25,003 SF lot
Prime S Military Highway location
High visibility and excellent accessibility
Nearly two decades of established operation
Strong local recognition and loyal clientele
Turnkey opportunity – continue existing concept or bring your own restaurant vision
Ample parking
Valuable business goodwill included
Area Highlights
Located in the desirable Greenbrier area of Chesapeake, this property benefits from a dense surrounding population, strong commercial activity, and excellent regional access. The location serves customers from Chesapeake, Norfolk, Virginia Beach, and surrounding Hampton Roads communities.
Demographic advantages include:
Over 11,000 residents within 1 mile
Over 100,000 residents within 3 miles
Over 250,000 residents within 5 miles
This is a rare opportunity to own a well-established restaurant, secure the underlying real estate, and capitalize on an exceptional location with a built-in customer base.
Please do not visit the restaurant, approach employees, or discuss the sale with staff. All showings and inquiries must be coordinated exclusively through the listing agent.
For additional information or to schedule a confidential showing, contact:
Mustafa Cuce
Sunrise Real Estate Group
757-710-7043