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Retail Space with Drive-Through
For Lease
Contact for pricing

101 Gainsborough Sq, Chesapeake, VA 23320

Freestanding and inline retail options benefit from a lit intersection, established co-tenancy, and nearby hospital access.

Space Size10,908 SF
Days on Market112

Property Features for 101 Gainsborough Sq

General Information

Standard status Active
Size 10,908 SF
Net Rentable 2,292 SF
Property subtype RETAIL

Space & Availability

Available Space 2,292-10,908 SF
Contiguous Space 10,908 SF

Site & Location

Anchor Co-Tenants Food Lion, Subway, The UPS Store, Supercuts, Navy Federal Credit Union
Highway Access Yes

Amenities

lit intersection
excellent visibility
close proximity to Chesapeake Regional Hospital

Building Details

Tenancy Multi

Spaces For Lease

at 101 Gainsborough Sq Contact us

101 Gainsborough Sq

Floor
1
Size
10,908 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 10,908 SF former Rite Aid available on the outparcel - Built in 1999 with 48 parking...
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Listing Agency: Colliers | Norfolk
Listed By: Natalie Hucke
Source: Moodyscre
Added: May 13 Changed: Aug 31 Last Checked: Sep 1 at 6:33PM

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 Colliers | Norfolk

Investment Insights

Based on property information with market context.

Retail space is available in a shopping-center setting, including a 10,908-square-foot freestanding building formerly occupied by Rite Aid and a separate 2,292-square-foot inline suite. The freestanding property was built in 1999 and includes a drive-through and 48 parking spaces. Subdivision may be considered for the larger space.

The center is anchored by Food Lion, with Subway, The UPS Store, Supercuts, and Navy Federal Credit Union among the surrounding tenants. The property sits at a lit intersection next to the entrance to the 168 bypass and is very close to Chesapeake Regional Hospital. These available configurations provide options for retailers seeking either a larger standalone format or an inline presence within an established center.

Key Highlights

  • 10,908 SF former Rite Aid building available on the outparcel
  • Separate 2,292 SF inline retail space available
  • Built in 1999 with drive‑through and 48 parking spaces

Property Analytics

Current Use

Western Union Bank Rite Aid Pharmacy Pharmacy Francis L. Brittan ... Pharmacy Katrina Wei Pharmacy Rite Aid Pharmacy

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Parking Lot & Garage Electrical Service Nail Salon

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,273
Businesses Nearby
181k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Shops & Services 29% Groceries 14% Home Improvements & Furnishings 9%
McDonald's Dining
28,015 visits/mo 0.2 miles
Food Lion Grocery Store Groceries
25,240 visits/mo 0.1 miles
Freddy's Frozen Custard & Steakburgers Dining
18,720 visits/mo 0.4 miles
Roses Discount Store Shops & Services
14,500 visits/mo 0.3 miles
Harbor Freight Tools Home Improvements & Furnishings
14,034 visits/mo 0.4 miles

Demographics for 23320, VA

60,412
Population
26,131
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
93%
High-School Grad
31.7 sq mi
ZIP Area
1,906
Density / Sq Mi
$81,736
Median Household Income
$49,403
Median Earnings
$1,654
Median Rent
$323,800
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?
Retail space - Freestanding and inline retail options benefit from a lit intersection, established co-tenancy, and nearby hospital access.
Where is this retail space located?
The property is located at 101 Gainsborough Sq Chesapeake, VA.
What are key features of this property?
This property features: 10,908 SF former Rite Aid building available on the outparcel; Separate 2,292 SF inline retail space available; Built in 1999 with drive‑through and 48 parking spaces
(757) 217-1882 Call to check price and availability
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