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    Virginia Beach, VA Conventional Restaurants for Sale

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    Norfolk, VA Chesapeake, VA Portsmouth, VA
    NNN Red Lobster For Sale
    $6,240,000
    7,370 SF
    NNN Red Lobster For Sale

    821 Lynnhaven Pkwy, Virginia Beach, VA

    NNN Red Lobster with 5.25% cap rate for sale.
    • NNN Red Lobster Guarantor
    • Annual Rent: $327,761
    • Cap Rate: 5.25%
    • Lot Size: 1.45 acres
    • 2% increases
    Updated: Aug 22, 2025
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Virginia Beach, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Norfolk Restaurant Investment Opportunity
    $1,400,000
    6,400 SF
    Historic Norfolk Restaurant Investment Opportunity

    Turnkey restaurant and bar in downtown Norfolk's historic district.

    241 Granby Street, Norfolk, VA 23510

    View details
    Restaurant Building for Sale
    $300,000
    5,765 SF
    Restaurant Building for Sale

    Large Newport News restaurant property with convenient access near major employers and interstate connections.

    3506 Washington Avenue, Newport News, VA 23607

    View details
    Sushi King Restaurant For Sale
    $2,650,000
    Sushi King Restaurant For Sale

    Freestanding restaurant in a core retail corridor. Redevelopment opportunity.

    11883 Jefferson Ave, Newport News, VA 23606

    View details
    Turnkey Restaurant Space Near Ghent
    $325,000
    943 SF
    Turnkey Restaurant Space Near Ghent

    Renovated restaurant space ideal for various food-service concepts.

    813 W 39th St, Norfolk, VA 23508

    View details

    Virginia Beach, VA Conventional Restaurants Investment Opportunities Market Analysis

    Explore 1 conventional restaurants for sale in Virginia Beach, VA on our real estate platform. These investment opportunities span a total of 7,370 square feet of properties for sale, with an estimated market value of $6,240,000.

    Sale prices for conventional restaurants in Virginia Beach, VA start at $6,240,000, averaging $6,240,000, and reaching up to $6,240,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 7
    Conventional restaurants 2

    Demographics Overview

    Population 457K
    Population Growth (5Y) +8.7%
    Median Household Income $92,332
    College Educated 30.2%

    Taxes & Financing

    Tax Rate (average for all types) 0.98%
    Property Tax per SF $10.26 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Virginia Beach city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Virginia Beach fall within the 100,000+ square foot range.

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