Car Wash with NNN
3933 Portsmouth Boulevard, Chesapeake, VA 23321
For Sale
Contact for pricing
A 20.08-year triple-net lease began in 2022, with scheduled annual rent increases.
Property Size5,606 SF
Lot Size1.21 Acres
Price / SF$1,132
Days on Market47
Property Features for 3933 Portsmouth Boulevard
General Information
Standard status
Size
Lot size
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Occupancy
Site & Location
Neighborhood
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Automotive Uses
Building Details
Buildings
Tenancy
Listing Agency:
SURMOUNT
Listed By:
Glen Kunofsky · License #NY 49KU1129178
(332) 345-4222
Source:
Crexi
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 6:18PM
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 SURMOUNT
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Investment Insights
Based on property information with market context.
This car wash property includes approximately 5,606 square feet of building area on an estimated 1.21-acre parcel. The site is leased to Tidal Wave Auto Spa under a triple-net agreement that commenced June 7, 2022.
The lease has a 20.08-year term and provides for annual rent increases of 2.00%.
The lease has a 20.08-year term and provides for annual rent increases of 2.00%.
Key Highlights
- Approximately 5,606 square feet of building area
- Situated on an estimated 1.21‑acre parcel
- 20.08‑year triple‑net lease commencing 6/7/2022
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
460k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Shops & Services 17%
Groceries 14%
Apparel 13%
BJ's Wholesale Club
Superstores
38,209 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
37,459 visits/mo
0.2 miles
Food Lion Grocery Store
Groceries
32,387 visits/mo
0.2 miles
McDonald's
Dining
31,552 visits/mo
0.0 miles
Best Buy
Electronics
27,291 visits/mo
0.4 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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Car wash - A 20.08-year triple-net lease began in 2022, with scheduled annual rent increases.
Where is this car wash located?
The property is located at 3933 Portsmouth Boulevard Chesapeake, VA.
What is the asking price?
The asking price for this property is $6,348,454.
What are key features of this property?
This property features: Approximately 5,606 square feet of building area; Situated on an estimated 1.21‑acre parcel; 20.08‑year triple‑net lease commencing 6/7/2022
