5409 Indian River Rd
5409 Indian River Rd, Virginia Beach, VA 23464
Cushman & Wakefield | Thalhimer is pleased to exclusively offer for sale 5409 Indian River Road (the “Property”), a 1998-built Chick-fil-A in the third (3rd) renewal option period with four (4) remaining five (5) year option terms remaining with 10% rent increases in each option term. The property is located near the intersection of Indian River Road and Kempsville Road directly across from KempsRiver Crossing shopping center offering vehicle traffic counts ofover 66,000 vehicles per day. The combination of purchasing a Chik-fil-A ground lease below replacement cost with below market rents, zerolandlord obligations, rental increases and desirable location make this an ideal NNN leased investment opportunity.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Cushman & Wakefield | Thalhimer
Cushman & Wakefield | Thalhimer
Building Details
- For Sale $2,652,000
- Property Type Retail - Restaurant
- Property Size 4,817 SF
- Lot Size 1.39 Acre
- Cap Rate % 3.75
- Year Built 1998
- Date Updated Apr 20, 2026
Getting Around
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Walk Score ®
Somewhat Walkable (68) -
Transit Score ®
Some Transit (29) -
Bike Score ®
Bikeable (58)
Location
- City Virginia Beach, VA
- Neighborhood Carriage Mill
- Zip Code 23464
- Market Richmond Tidewater
Points of Interest
Military Highway
3.51 miles
Ingleside Road
4.35 miles
Ballentine/Broad Creek
5.26 miles
NSU
5.97 miles
Norfolk
6.20 miles
Harbor Park
6.32 miles
Civic Plaza
6.73 miles
MacArthur Square
6.99 miles
Monticello
7.08 miles
Wawa
0.70 miles
Kroger
1.16 miles
7-Eleven
1.22 miles
Speedway
1.59 miles
Sunoco
2.32 miles
Exxon
2.35 miles
Mobil
2.70 miles
ChargePoint
3.50 miles
Tesla Supercharger
4.59 miles
Lot I
0.63 miles
Lot H - Guest Parking
0.66 miles
Lot L
0.69 miles
Lot G - Guest Parking
0.72 miles
Lot M
0.73 miles
Lot K
0.73 miles
Lot F - Conference Center, Banquet, & Guest Parking
0.79 miles
Lot N
0.80 miles
Food Lion
0.83 miles
Kroger
1.12 miles
Walmart Neighborhood Market
1.37 miles
Lidl
1.87 miles
Marshalls
2.72 miles
JCPenney
2.93 miles
Dillard's
2.96 miles
Macy's
3.04 miles
Coast Guard Exchange
3.40 miles
5409 Indian River Rd Listing Summary
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What is the asking price at 5409 Indian River Rd?
5409 Indian River Rd is currently listed for sale at Contact for pricing.
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What is the total size of 5409 Indian River Rd?
5409 Indian River Rd has a total of 4,817 square feet.
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What is the year built for 5409 Indian River Rd?
The year built for 5409 Indian River Rd is 1998.
