Single-Tenant NNN KFC Ground
For Sale
Contact for pricing
2072 S Independence Blvd, Virginia Beach, VA 23453
Absolute NNN ground lease with landlord holding zero obligations and the tenant maintaining the parcel.
Property SizeContact for details
Days on Market120
Property Features for 2072 S Independence Blvd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
The Kase Group
(925) 348-1844
Listed By:
Kase Abusharkh · License #TX 708586
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 3:40AM
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 the opportunity to purchase a KFC in Virginia Beach, VA under an absolute NNN ground lease. The landlord has zero obligations, and the tenant maintains its parcel under the lease terms. The lease also includes 10% increases in rent every five years, plus two, five-year renewal options.
The property is described as an outparcel to Target and neighbors several retailers, including Home Depot, Wendy’s, Wawa, Walgreens, Chick-fil-a, and Taco Bell, among others.
The asset is presented as a specialty, single-tenant NNN ground-lease investment.
The property is described as an outparcel to Target and neighbors several retailers, including Home Depot, Wendy’s, Wawa, Walgreens, Chick-fil-a, and Taco Bell, among others.
The asset is presented as a specialty, single-tenant NNN ground-lease investment.
Key Highlights
- KFC opportunity in Virginia Beach, VA on an absolute NNN ground lease
- Landlord has zero obligations; tenant maintains its parcel
- Lease includes 10% rent increases every 5 years
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
309k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Superstores 31%
Home Improvements & Furnishings 17%
Shops & Services 13%
Target
Superstores
96,299 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
51,024 visits/mo
0.4 miles
Panda Express
Dining
22,961 visits/mo
0.5 miles
Wendy's
Dining
21,849 visits/mo
0.5 miles
Taco Bell
Dining
21,587 visits/mo
0.5 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN ground lease with landlord holding zero obligations and the tenant maintaining the parcel.
Where is this nnn property located?
The property is located at 2072 S Independence Blvd Virginia Beach, VA.
What are key features of this property?
This property features: KFC opportunity in Virginia Beach, VA on an absolute NNN ground lease; Landlord has zero obligations; tenant maintains its parcel; Lease includes 10% rent increases every 5 years
