Contacts

Doug Aronson

S.L. Nusbaum Realty Co.

(757) 282-6510

Property Details

Property Type Retail - Street Retail
Property Size 5,154 SF
Lot Size 2.64 Acre
Year Built 2023
Date Updated Mar 11, 2024

Approximately 5,514 SF retail building situated on 2.64 acres of land located at 6103 N. Military Hwy., Norfolk, VA 23518SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to exclusively market for sale the property leased to Royal Farms located at 6103 N. Military Hwy., Norfolk, VA 23518. Royal Farms signed a new 20-year lease at this busy signalized corner right off Interstate 64 and a five-minute drive to Norfolk International Airport (4 million annual travelers). This heavily trafficked location sees 39,000 vehicles per day on North Military Highway and is directly across the street from a Food Lion anchored shopping center. Royal Farms is a privately held convenience store chain, based in Baltimore, with nearly 300 locations throughout Virginia, Maryland, Delaware, Pennsylvania, West Virginia, North Carolina and New Jersey.

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Highlights

New 20-year ground lease with zero landlord responsibilities.
Brand new construction at prominent signalized corner.
Just off Interstate 64 (160,000 vpd).
Key fueling stop outside Norfolk International Airport, serving 4 million passengers in 2022.
39,000 vpd traffic count on N. Military Hwy.

Attachments

Royal Farms OM.pdf (PDF) opens in new window

Getting around

64/100
Walk Score ®
39/100
Transit Score ®
50/100
Bike Score ®

Powered by Walk Score ®

City Norfolk, VA
Neighborhood Shadywood East
Zip Code 23518
Market Richmond Tidewater

Points of Interest

Beazley

3.12 miles
Goode

3.13 miles
Ingleside Road

3.65 miles
Ballentine/Broad Creek

3.72 miles
Military Highway

3.74 miles
Newtown Road

4.17 miles
NSU

4.20 miles
Norfolk

4.56 miles
Harbor Park

4.60 miles
Monticello

4.67 miles

7-Eleven

0.08 miles
BP

0.39 miles
Shell

0.82 miles
BP

1.48 miles
7-Eleven

1.56 miles
Wawa

1.68 miles
7-Eleven

1.93 miles
7-Eleven

1.97 miles
BP

2.06 miles
Sam's Club

2.09 miles

Oversized Long-Term Parking

0.94 miles
Lot D

0.95 miles
Long-Term Parking

0.96 miles
Garage C

0.97 miles
Garage B

1.01 miles
Cell Phone Lot

1.02 miles
Garage A

1.02 miles
Rental Car Ready Lot

1.03 miles
Short-Term Parking

1.05 miles
Long Term Parking

1.05 miles

Wendy's

0.07 miles
Terrie's Breakfast & Lunch

0.74 miles
McDonald's

0.89 miles
Golden City

1.06 miles
Burger King

1.14 miles
Pizza Hut

1.14 miles
La Tapende

1.23 miles
Back Bay Bristro

1.25 miles
La Tapenda

1.25 miles
James River Grill

1.27 miles

Food Lion

0.09 miles
Lidl

0.39 miles
Save-A-Lot

1.51 miles
Walmart Neighborhood Market

1.65 miles
Walmart Supercenter

1.96 miles
Food Lion

2.06 miles
Target

2.13 miles
Food Lion

2.19 miles
Food Lion

2.27 miles
Walmart Supercenter

2.41 miles

In-Depth Research Available for this Property

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.