Contacts
Property Details
- Property Type Other
- Property Size 13,901 SF
- Lot Size 2.81 SF
- Parking Spaces Avail. 164
- Date Updated Feb 21, 2025
SECURE INCOME STREAM
- 100% Leased to McDonald’s and Cracker Barrel
Absolute NNN ground leases, zero landlord responsibilities - Strong Operating History
McDonald’s opened in 2012, Cracker Barrel opened in 2010 - Cracker Barrel Recently Signed 10-Year Lease Extension
High performing location with long-term commitment by tenant - McDonald’s (NYSE: MCD) Rated ‘BBB+’ by S&P
Investment grade credit rated tenant, $25.5B revenue in 2023 with a $202.3B market cap - Cracker Barrel (NASDAQ: CBRL) Corporate Credit
660+ locations, $3.5B revenue in 2024 fiscal year with a $1.2B market cap
ACCESSIBLE LOCATION & DURABLE CUSTOMER BASE
- Outparcel to 1.2M SF Lynnhaven Mall
The largest shopping center in southeastern Virginia with over 110 stores - 232,462 Residents in Primary Trade Area
Average household income of $111,614, 5% above the national average - Minutes to Oceana Naval Air Station
Navy’s east coast master jet base including 25,000 active Navy Personnel and civilians
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Virginia Beach, VA
- Neighborhood Princess Anne Plaza
- Zip Code 23452
- Market Richmond Tidewater
Points of Interest
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Newtown Road
6.86 miles
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Military Highway
8.09 miles
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Ingleside Road
9.30 miles
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7-Eleven
0.22 miles
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Valero
0.25 miles
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BP
0.34 miles
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Citgo
1.67 miles
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Shell
1.72 miles
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Wawa
1.87 miles
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Mobil
1.90 miles
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ChargePoint
5.51 miles
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Electric Vehicle Charging Station
6.68 miles
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Tesla Supercharger
8.73 miles
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Lynnhaven Mall BMP
0.10 miles
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Staff Parking
3.18 miles
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Oceana Bus Garage
3.35 miles
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Little Neck Park - Parking Lot
4.46 miles
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Lot
4.51 miles
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North Lot 2
4.91 miles
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North Lot 3
4.93 miles
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South Lot 2
4.97 miles
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North Lot 1
4.98 miles
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Econo Lodge
2.26 miles
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Residence Inn Virginia Beach Town Center
3.44 miles
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Fairfield Inn & Suites
3.49 miles
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Candlewood Suites Virginia Beach Town Center
3.52 miles
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Crowne Plaza Virginia Beach Town Center
3.52 miles
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InTown Suites Extended Stay Virginia Beach VA
3.61 miles
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Extended Stay America
3.73 miles
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Days Inn
3.86 miles
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Hilton Garden Inn Virginia Beach Town Center
3.91 miles
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The Westin Virginia Beach Town Center
4.03 miles
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Lynnhaven Mall
0.06 miles
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Dillard's
0.08 miles
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JCPenney
0.08 miles
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Macy's
0.19 miles
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Walmart Supercenter
0.55 miles
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ALDI
1.33 miles
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Lidl
1.39 miles
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Food Lion
1.60 miles
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Walmart Neighborhood Market
1.73 miles
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Harris Teeter
1.95 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.