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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
Building Size
2,500 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.04 AC
Zoning
B2: GENERA
Parking
27 Spaces (10.8 Spaces per 1,000 SF Leased)
Frontage
104’ on Portsmouth Blvd
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 0150000001920 | Improvements Assessment | $1,869,000 |
| Land Assessment | $475,100 | Total Assessment | $2,344,100 |
Property Taxes
Parcel Number
0150000001920
Land Assessment
$475,100
Improvements Assessment
$1,869,000
Total Assessment
$2,344,100
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