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    1066 Independence Blvd Virginia Beach, VA 23455

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    For Lease
    Contact for pricing

    2,930 SF restaurant with drive-thru, outparcel to Lidl.

    Property size:
    2,930 SF
    Lot size:
    1.58 Acres

    Property Features for 1066 Independence Blvd

    General Information

    Size
    2,930 SF
    Lot size
    1.58 Acres

    Source: S.L. Nusbaum Realty Co - Corporate Agent Matt Nusbaum

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Restaurant with Drive-Thru

    This is a 2,930 SF freestanding restaurant with a drive-thru. The property is an outparcel to Lidl and benefits from corner access on Independence Boulevard. It is located in close proximity to Sentara Independence, Little Creek-Fort Story JEB, and Town Center, with quick access to I-264. The property is suitable for drive-through restaurants and retail properties.
    Insight Report Location Intelligence

    Current Use by Public Records

    Wendy's Fast Food Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach
    State
    Virginia
    Longitude
    -76.1340079
    Latitude
    36.8745481

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    FAQs

    What type of property is this?
    Drive through restaurant - 2,930 SF restaurant with drive-thru, outparcel to Lidl.
    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: - Freestanding restaurant with drive-thru.; - Well-located outparcel to Lidl with corner access.; - High-traffic location on Independence Boulevard.
    (757) 627-8611
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    1066 Independence Blvd Virginia Beach, VA 23455
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    Virginia Beach, VA 23455
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1066 Independence Blvd Virginia Beach, VA 23455
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