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Chili's Absolute NNN Property
For Sale
Contact for pricing

2636 Taylor Rd, Chesapeake, VA 23321

Chili's occupies an outparcel positioned alongside Sam's Club and Walmart Supercenter.

Property SizeContact for details
Days on Market145

Property Features for 2636 Taylor Rd

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: SAB Capital
Listed By: Dave Gollenberg · License #NY 10401343593
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:02AM

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 SAB Capital

Investment Insights

Based on property information with market context.

Chili's is the tenant at this NNN property in Chesapeake, Virginia. The lease is structured as absolute triple net and includes 1.5% annual increases. The asset is situated as an outparcel to Sam's Club and Walmart Supercenter, connecting it with two established retail operators.

Lease credit includes a corporate guarantee from Brinker International, identified as NYSE: EAT. The property is offered for sale at 2636 Taylor Road in Chesapeake, Virginia, 23321. Key investment characteristics include the absolute NNN structure, contractual annual increases, named tenant, corporate guarantee, and retail outparcel positioning.

Key Highlights

  • Absolute triple‑net lease structure
  • 1.5% annual lease increases
  • Chili's is the named tenant

Property Analytics

Current Use

Chili's Grill & Bar Restaurant It's Just Wings Restaurant

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Parking Lot & Garage Kitchen & Bath Showroom Building Supply

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

524
Businesses Nearby
407k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 70% Dining 16% Leisure 7% Shops & Services 5%
Walmart Superstores
111,788 visits/mo 0.3 miles
Target Superstores
96,168 visits/mo 0.3 miles
Sam's Club Superstores
78,816 visits/mo 0.2 miles
Cinemark Chesapeake Square and XD Leisure
30,455 visits/mo 0.3 miles
Sam's Club Gas Station Shops & Services
16,564 visits/mo 0.2 miles

Demographics for 23321, VA

37,752
Population
14,836
Households
2.5
Avg Household Size
38
Median Age
39%
College-Educated
95%
High-School Grad
26.7 sq mi
ZIP Area
1,414
Density / Sq Mi
$98,257
Median Household Income
$51,133
Median Earnings
$1,434
Median Rent
$352,000
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?
NNN property - Chili's occupies an outparcel positioned alongside Sam's Club and Walmart Supercenter.
Where is this nnn property located?
The property is located at 2636 Taylor Rd Chesapeake, VA.
What are key features of this property?
This property features: Absolute triple‑net lease structure; 1.5% annual lease increases; Chili's is the named tenant
(646) 809-8840 Call to check price and availability
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