3480 S Military Hwy | Chesapeake, VA 23323
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3480 S Military Hwy
Chesapeake, VA 23323
Strickland Brothers | Chesapeake, VA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New Construction Single-Tenant Strickland Brothers 10-Minute Oil Change: Corporate guaranteed lease
- Strong Economic Area: Chesapeake is home to more than 249,000 residents, 51 international companies, and 20% of the region’s largest employers
- Chesapeake became the second-largest city in Virginia in 2020, and it continues to be one of the fastest-growing cities in the region
- Excellent Grocery Anchored Location: Shadow anchored by Food Lion (Top 2% in the chain, Placer.ai)
- High-Growth Demographics: 106% population growth within 1 mile from 2010 to 2020
- Chesapeake is included in the Virginia Beach–Norfolk–Newport News, VA-NC MSA: 1.7 million population
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,674 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
2.48 AC
Zoning
B2 - General Business
Parking
11 Spaces (6.57 Spaces per 1,000 SF Leased)
Frontage
165’ on South Military Highway
PROPERTY TAXES
| Parcel Number | 0252011000134 | Improvements Assessment | $700,200 |
| Land Assessment | $688,400 | Total Assessment | $1,388,600 |
PROPERTY TAXES
Parcel Number
0252011000134
Land Assessment
$688,400
Improvements Assessment
$700,200
Total Assessment
$1,388,600
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