Royal Farms Listing Details & Market Data

6103 N Military Hwy, Norfolk, VA 23518

  • For Sale $2,761,905
  • Property Type Retail - Street Retail
  • Property Size 5,154 SF
  • Lot Size 2.64 Acre
  • Year Built 2023
  • Date Updated Mar 11, 2024
Approximately 5,514 SF retail building situated on 2.64 acres of land located at 6103 N. Military Hwy., Norfolk, VA 23518SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to exclusively market for sale the property leased to Royal Farms located at 6103 N. Military Hwy., Norfolk, VA 23518. Royal Farms signed a new 20-year lease at this busy signalized corner right off Interstate 64 and a five-minute drive to Norfolk International Airport (4 million annual travelers). This heavily trafficked location sees 39,000 vehicles per day on North Military Highway and is directly across the street from a Food Lion anchored shopping center. Royal Farms is a privately held convenience store chain, based in Baltimore, with nearly 300 locations throughout Virginia, Maryland, Delaware, Pennsylvania, West Virginia, North Carolina and New Jersey.

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Attachments

Highlights

  • New 20-year ground lease with zero landlord responsibilities.
  • Brand new construction at prominent signalized corner.
  • Just off Interstate 64 (160,000 vpd).
  • Key fueling stop outside Norfolk International Airport, serving 4 million passengers in 2022.
  • 39,000 vpd traffic count on N. Military Hwy.

Contacts

broker

Doug Aronson

S.L. Nusbaum Realty Co.

(757) 282-6510

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (64)

  • Transit Score ®

    Some Transit (39)

  • Bike Score ®

    Bikeable (50)
Powered by Walk Score ®
  • City Norfolk, VA
  • Neighborhood Shadywood East
  • Zip Code 23518
  • Market Richmond Tidewater

Points of Interest

  • Beazley

    3.12 miles

  • Goode

    3.13 miles

  • Ingleside Road

    3.65 miles

  • Ballentine/Broad Creek

    3.72 miles

  • Military Highway

    3.74 miles

  • Newtown Road

    4.17 miles

  • NSU

    4.20 miles

  • Norfolk

    4.56 miles

  • Harbor Park

    4.60 miles

  • Monticello

    4.67 miles

  • 7-Eleven

    0.08 miles

  • BP

    0.39 miles

  • Shell

    0.82 miles

  • BP

    1.48 miles

  • 7-Eleven

    1.56 miles

  • Wawa

    1.68 miles

  • 7-Eleven

    1.93 miles

  • 7-Eleven

    1.97 miles

  • BP

    2.06 miles

  • Sam's Club

    2.09 miles

  • Oversized Long-Term Parking

    0.94 miles

  • Lot D

    0.95 miles

  • Long-Term Parking

    0.96 miles

  • Garage C

    0.97 miles

  • Garage B

    1.01 miles

  • Cell Phone Lot

    1.02 miles

  • Garage A

    1.02 miles

  • Rental Car Ready Lot

    1.03 miles

  • Short-Term Parking

    1.05 miles

  • Long Term Parking

    1.05 miles

  • Wendy's

    0.07 miles

  • Terrie's Breakfast & Lunch

    0.74 miles

  • McDonald's

    0.89 miles

  • Golden City

    1.06 miles

  • Burger King

    1.14 miles

  • Pizza Hut

    1.14 miles

  • La Tapende

    1.23 miles

  • Back Bay Bristro

    1.25 miles

  • La Tapenda

    1.25 miles

  • James River Grill

    1.27 miles

  • Food Lion

    0.09 miles

  • Lidl

    0.39 miles

  • Save-A-Lot

    1.51 miles

  • Walmart Neighborhood Market

    1.65 miles

  • Walmart Supercenter

    1.96 miles

  • Food Lion

    2.06 miles

  • Target

    2.13 miles

  • Food Lion

    2.19 miles

  • Food Lion

    2.27 miles

  • Walmart Supercenter

    2.41 miles

Contact Listing Broker

broker

Doug Aronson

S.L. Nusbaum Realty Co.

(757) 282-6510