Contacts
Cushman & Wakefield | Thalhimer
Cushman & Wakefield | Thalhimer
Property Details
- Property Type Retail - Restaurant
- Property Size 4,817 SF
- Lot Size 1.39 Acre
- Cap Rate % 3.75
- Year Built 1998
- Date Updated Apr 20, 2026
Cushman & Wakefield | Thalhimer is pleased to exclusively offer for sale 5409 Indian River Road (the “Property”), a 1998-built Chick-fil-A in the third (3rd) renewal option period with four (4) remaining five (5) year option terms remaining with 10% rent increases in each option term. The property is located near the intersection of Indian River Road and Kempsville Road directly across from KempsRiver Crossing shopping center offering vehicle traffic counts ofover 66,000 vehicles per day. The combination of purchasing a Chik-fil-A ground lease below replacement cost with below market rents, zerolandlord obligations, rental increases and desirable location make this an ideal NNN leased investment opportunity.
Reach out to the broker for more info on lease terms and amenities
Getting around
-
68/100
Walk Score ®
-
29/100
Transit Score ®
-
58/100
Bike Score ®
Location
- City Virginia Beach, VA
- Neighborhood Carriage Mill
- Zip Code 23464
- Market Richmond Tidewater
Points of Interest
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Newtown Road
2.99 miles
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Military Highway
3.51 miles
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Ingleside Road
4.35 miles
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Ballentine/Broad Creek
5.26 miles
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NSU
5.97 miles
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Norfolk
6.20 miles
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Harbor Park
6.32 miles
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Civic Plaza
6.73 miles
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MacArthur Square
6.99 miles
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Monticello
7.08 miles
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Electric Vehicle Charging Station
0.66 miles
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Wawa
0.70 miles
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Kroger
1.16 miles
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7-Eleven
1.22 miles
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Speedway
1.59 miles
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Sunoco
2.32 miles
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Exxon
2.35 miles
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Mobil
2.70 miles
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ChargePoint
3.50 miles
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Tesla Supercharger
4.59 miles
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Lot J
0.62 miles
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Lot I
0.63 miles
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Lot H - Guest Parking
0.66 miles
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Lot L
0.69 miles
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Lot G - Guest Parking
0.72 miles
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Lot M
0.73 miles
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Lot K
0.73 miles
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Lot F - Conference Center, Banquet, & Guest Parking
0.79 miles
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Lot N
0.80 miles
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Chick-fil-A
0.02 miles
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McDonald's
0.06 miles
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Chipotle
0.08 miles
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Burger King
0.09 miles
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Taco Bell
0.16 miles
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Panera Bread
0.17 miles
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Arby's
0.19 miles
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Pizza Hut
0.23 miles
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IHOP
0.26 miles
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Outback Steakhouse
0.26 miles
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ALDI
0.34 miles
-
Food Lion
0.83 miles
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Kroger
1.12 miles
-
Walmart Neighborhood Market
1.37 miles
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Lidl
1.87 miles
-
Marshalls
2.72 miles
-
JCPenney
2.93 miles
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Dillard's
2.96 miles
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Macy's
3.04 miles
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Coast Guard Exchange
3.40 miles