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Bojangles' | Absolute Net Ground Lease 7519 Tidewater Dr 3,524 SF Retail Building Norfolk, VA 23505 $2,796,000 ($793.42/SF) 7% Cap Rate

Retail Spaces Virginia Norfolk 7519 Tidewater Dr, Norfolk, VA 23505

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INVESTMENT HIGHLIGHTS

  • Absolute Net Ground Lease
  • Great visibility from Tidewater Drive | 30,000 VPD
  • Long operating history | Leased since 2009
  • Less than 10 minutes from the world’s largest naval base| Naval Station Norfolk | 82,000 active-duty personnel | 4,631 acres
  • Outparcel to | Southern Shopping Center | 219,926 SF of prime retail space
  • Attractive population density within a 5-mile radius | 228,030 residents

EXECUTIVE SUMMARY

Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Bojangles Ground Lease Norfolk, VA. We welcome your review of this attractive investment.

DATA ROOM Click Here to Access

  • Offering Memorandum

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,524 SF
Building Class
C
Year Built
2008
Price
$2,796,000
Price Per SF
$793.42
Cap Rate
7%
NOI
$195,705
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.72 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Commercial
Parking
25 Spaces (7.09 Spaces per 1,000 SF Leased)

LINKS

1 1
Walk Score®
Very Walkable (79)
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NEARBY MAJOR RETAILERS

Planet Fitness
Food Lion
Dollar Bank
Navy Federal Credit Union
America's Best Wings
Fuddruckers
Ruby Tuesday
Cook Out
Rent-A-Center
Bank of America

PROPERTY TAXES

Parcel Number 07363905 Improvements Assessment $6,341,200
Land Assessment $16,854,400 Total Assessment $23,195,600

PROPERTY TAXES

Parcel Number
07363905
Land Assessment
$16,854,400
Improvements Assessment
$6,341,200
Total Assessment
$23,195,600
(704) 379-1985

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Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38153133

  • Date on Market: 10/21/2025

  • Last Updated:

  • Address: 7519 Tidewater Dr, Norfolk, VA 23505

More public record information on 7519 Tidewater Dr, Norfolk, VA 23505

The Cottage Row Park/Denby Park Retail Property at 7519 Tidewater Dr, Norfolk, VA 23505 is currently available. Contact Berkeley Capital Advisors for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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Bojangles' | Absolute Net Ground Lease | 7519 Tidewater Dr
(704) 379-1985 x

Bojangles' | Absolute Net Ground Lease | 7519 Tidewater Dr

Ransome Foose
(704) 379-1985

Carl Brendes
(704) 714-2363

Quinn O'Donnell
(404) 376-1452

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