For Lease
$197,368/SF/YR

1014 Independence Blvd Virginia Beach, VA 23455

Former Sonic, High Traffic, .76 Acres

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 1,416-square-foot former Sonic Drive-In restaurant, built in 2003, sits on a highly visible 0.76-acre corner lot in Virginia Beach, VA, at 1014 Independence Blvd, near Wishart Rd. Boasting nearly 47,000 vehicles per day, this property benefits from its location in a thriving commercial corridor with direct access to a Lidl grocery store and surrounded by strong co-tenants including Chick-fil-A, Cook-Out, Dairy Queen, Bank of America, McDonald's, Starbucks, Autobell Car Wash, Wendy's, 7-Eleven, and Jiffy Lube, as well as a nearby hospital. The property is zoned commercial (APN 14785509660000) and offers significant potential for a variety of businesses. With a population exceeding 223,000 within a 5-mile radius and an average household income of $100,000, this location presents a unique opportunity to tap into a vibrant and affluent market. The single-tenant property is ready for immediate occupancy.

Highlights

  • Portfolio offering - contact for details
  • Excellent retail co-tenancy
  • High visibility, direct access from Independence Blvd (47,000+ vehicles per day)
  • Outparcel to Lidl grocery store
  • Immediately available

Property Details for 1014 Independence Blvd

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
33,106 SF

Unit(s) available at that property

Space
Size
33,106 SF
Rate per SF
$197,368

Location Insight

City
Virginia Beach
County
Virginia Beach City
State
Virginia
Latitude
36.8728872
Longitude
-76.1337186

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FAQs

What type of property is this?
Retail property - Former Sonic, High Traffic, .76 Acres
Where is the retail property located?
The property is located at 1014 Independence Blvd Virginia Beach, VA.
What is the lease rate?
The lease rate is $197,368/SF/YR.
What are key features of this property?
This property features: Portfolio offering - contact for details; Excellent retail co-tenancy; High visibility, direct access from Independence Blvd (47,000+ vehicles per day)
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Jordan Kim
Jordan Kim
Traver Vliem
Traver Vliem
Prashant Patel
Prashant Patel
Visit Broker Website

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Useful Information

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Independence Blvd
Virginia Beach, VA 23455

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Independence Blvd
Virginia Beach, VA 23455

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1014 Independence Blvd
  • Jordan Kim
    Jordan Kim
  • Traver Vliem
    Traver Vliem
  • Prashant Patel
    Prashant Patel
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