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Truck Stop, Convenience Store, & Restaurant 4719 W Military Hwy 12,300 SF 100% Leased Retail Building Chesapeake, VA 23321 For Sale
Investment Highlights
- Cooperating Broker Fee 1.5%
- NEW Gilbarco Encore 700S Diesel (7) and Gilbarco DEF (3)
- Full-service diner, grab-and-go, CAT scales, showers, lounge, laundry, dog park, skill game machines, arcade
- 4 gasoline, 7 high-speed diesel, 3 DEF
- 60 for bobtails, trucks, & trailers
Executive Summary
Rare opportunity to acquire an historic truck stop, which has been a staple for long-haul drivers in the Hampton Roads area for more than 80 years, with very little direct competition. Sold without a fuel supply contract.
Frank’s Truck Stop is a well-known travel center with driver focused amenities, comprehensive trucking services and restaurant. The full-service diner is a major draw for locals and drivers seeking authentic Southern comfort food. The restaurant hosts live music weekly. Substantial facility upgrades and service improvements have recently been made to the property including new dispensers, modernizing the customer experience while retaining its classic charm.
FOR DILIGENCE INFORMATION OR TO SUBMIT AN OFFER Contact an NRC Sales Manager at 800.747.3342
Inspection of the property may be performed during normal business hours. Inspections shall not interfere with business operations and do not include backrooms, storage areas, or secure areas. UNDER NO CIRCUMSTANCES MAY A BIDDER ASK QUESTIONS OF STORE MANAGERS OR STORE EMPLOYEES. INDIVIDUALS VIOLATING THIS REQUIREMENT MAY BE DISQUALIFIED FROM BIDDING.
NRC Realty & Capital Advisors of VA, LLC - License # 0226025664
Frank’s Truck Stop is a well-known travel center with driver focused amenities, comprehensive trucking services and restaurant. The full-service diner is a major draw for locals and drivers seeking authentic Southern comfort food. The restaurant hosts live music weekly. Substantial facility upgrades and service improvements have recently been made to the property including new dispensers, modernizing the customer experience while retaining its classic charm.
FOR DILIGENCE INFORMATION OR TO SUBMIT AN OFFER Contact an NRC Sales Manager at 800.747.3342
Inspection of the property may be performed during normal business hours. Inspections shall not interfere with business operations and do not include backrooms, storage areas, or secure areas. UNDER NO CIRCUMSTANCES MAY A BIDDER ASK QUESTIONS OF STORE MANAGERS OR STORE EMPLOYEES. INDIVIDUALS VIOLATING THIS REQUIREMENT MAY BE DISQUALIFIED FROM BIDDING.
NRC Realty & Capital Advisors of VA, LLC - License # 0226025664
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
12,300 SF
Building Class
C
Year Built
1952
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
3.59 AC
Zoning
B3
Frontage
1,044’ on MILITARY HWY
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 0220000001150 | Improvements Assessment | $945,611 CAD |
| Land Assessment | $1,119,151 CAD | Total Assessment | $2,064,762 CAD |
Property Taxes
Parcel Number
0220000001150
Land Assessment
$1,119,151 CAD
Improvements Assessment
$945,611 CAD
Total Assessment
$2,064,762 CAD
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Truck Stop, Convenience Store, & Restaurant | 4719 W Military Hwy
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