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Freestanding NNN Restaurant
For Sale
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2080 S Independence Blvd, Virginia Beach, VA 23453

Freestanding restaurant on an absolute NNN lease with renewal options and scheduled 10% rent increases.

Property SizeContact for details
Days on Market120

Property Features for 2080 S Independence Blvd

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: The Kase Group
Listed By: Jacob Abusharkh · License #CA 01385529
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 5:07PM

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 The Kase Group

Investment Insights

Based on property information with market context.

This is an opportunity to purchase a freestanding restaurant operated under an absolute NNN lease with The Dirty Buffalo. The lease includes two, five-year options to renew and provides for 10% increases in rent every five years.

The property is an outparcel to Target and neighbors a variety of retailers, including KFC, The Home Depot, Wendy’s, Wawa, Walgreens, Chick-fil-A, Taco Bell, and more.

The asset is offered for sale as a leased specialty restaurant property, with lease terms focused on renewal options and periodic rent escalation.

Key Highlights

  • Freestanding restaurant leased to The Dirty Buffalo under an absolute NNN lease
  • Lease includes two 5‑year renewal options
  • Scheduled 10% rent increases every 5 years per lease terms

Property Analytics

Current Use

The Dirty Buffalo Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop Auto Parts Store Spa & Massage Center

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Navy Federal Credit Union Shops & Services
17,599 visits/mo 0.2 miles

Demographics for 23453, VA

36,292
Population
13,056
Households
2.8
Avg Household Size
35
Median Age
33%
College-Educated
94%
High-School Grad
9.1 sq mi
ZIP Area
3,988
Density / Sq Mi
$90,680
Median Household Income
$48,138
Median Earnings
$1,723
Median Rent
$322,100
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant on an absolute NNN lease with renewal options and scheduled 10% rent increases.
Where is this conventional restaurant located?
The property is located at 2080 S Independence Blvd Virginia Beach, VA.
What are key features of this property?
This property features: Freestanding restaurant leased to The Dirty Buffalo under an absolute NNN lease; Lease includes two 5‑year renewal options; Scheduled 10% rent increases every 5 years per lease terms
(925) 348-1844 Call to check price and availability
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