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Freestanding Restaurant with Drive-Thru
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1066 Independence Blvd, Virginia Beach, VA 23455

Former Wendy's with drive-thru on Independence Boulevard.

Space Size2,930 SF
Days on Market182

Property Features for 1066 Independence Blvd

General Information

Standard status Active
Size 2,930 SF
Property subtype Retail

Building Details

Building Size 2,930 SF
Year Built 2013

Spaces For Lease

at 1066 Independence Blvd Contact us

1066 Independence Blvd

Size
2,930 SF
Type
Free Standing Building
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: S.L. Nusbaum Realty Co - Corporate
Listed By: Matt Nusbaum
Source: Slnusbaum
Added: Mar 6 Changed: Aug 26 Last Checked: Sep 4 at 4:22AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of S.L. Nusbaum Realty Co - Corporate

Investment Insights

Based on property information with market context.

This is a 2,930 square foot freestanding restaurant with a drive-thru. The property, formerly a Wendy's, features 174 feet of frontage on Independence Boulevard. It is an outparcel to Lidl with corner access. The location offers proximity to Sentara Independence, Little Creek-Fort Story JEB, and Town Center, with quick access to I-264. It is located on Independence Boulevard.

Key Highlights

  • High‑traffic location on Independence Boulevard.
  • Freestanding 2,930 SF restaurant with drive‑thru.
  • 174' of frontage on Independence Boulevard.

Property Analytics

Current Use

Wendy's Restaurant

Suggested Use

Top Pick Law Firm Building Supply Restaurant Big Box & Wholesale Store Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

703
Businesses Nearby
267k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Shops & Services 21% Groceries 17% Apparel 15%
Marshalls Apparel
41,273 visits/mo 0.2 miles
Chick-fil-A Dining
38,437 visits/mo 0.2 miles
Harris Teeter Groceries
29,373 visits/mo 0.2 miles
McDonald's Dining
23,602 visits/mo 0.1 miles
Dollar Tree Shops & Services
17,894 visits/mo 0.3 miles

Demographics for 23455, VA

50,599
Population
22,286
Households
2.3
Avg Household Size
38
Median Age
42%
College-Educated
95%
High-School Grad
15.2 sq mi
ZIP Area
3,329
Density / Sq Mi
$88,223
Median Household Income
$49,119
Median Earnings
$1,610
Median Rent
$397,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Former Wendy's with drive-thru on Independence Boulevard.
Where is this drive through restaurant located?
The property is located at 1066 Independence Blvd Virginia Beach, VA.
What are key features of this property?
This property features: High‑traffic location on Independence Boulevard.; Freestanding 2,930 SF restaurant with drive‑thru.; 174' of frontage on Independence Boulevard.
More about this property
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