For Lease
$38.07/SF/YR

709 Independence BlvdVirginia Beach, VA 23455

7,881 SF Restaurant, 1.89 Acres

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 7,881-square-foot restaurant space, formerly a Red Lobster, is available for lease or sale in Virginia Beach, VA. Situated on a 1.89-acre lot at the highly visible, signalized intersection of Independence Blvd and Pembroke Blvd, this property boasts over 42,000 vehicles per day passing by. Built in 1975 and renovated in 2014, the single-story building features a 1600 amp main panel. The property benefits from its location within the desirable Hagood/Towncenter submarket, surrounded by a vibrant mix of national and local retailers including Wegmans, REI, DSW, Nordstrom Rack, Harris Teeter, Chick-fil-A, and Starbucks. The B2 zoning provides flexibility for various restaurant concepts. Property taxes are $2.16 per square foot. This is a rare opportunity to acquire a well-located, established restaurant space with significant visibility and strong surrounding demographics. The entire 7,881 square feet is currently vacant and ready for immediate occupancy. The address is 709 Independence Blvd, Virginia Beach, VA 23455.

Property Details for 709 Independence Blvd

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
7,881 SF
Year Built/Renovated
1975/2014
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
7,881 SF
Rate per SF
$38.07

Location Insight

City
Virginia Beach
County
Virginia Beach City
State
Virginia
Latitude
36.86327339
Longitude
-76.13219638
709 Independence Blvd, Virginia Beach, Virginia

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709 Independence Blvd
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