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Renovated Shopping Center Retail Space
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1245 Cedar Rd, Chesapeake, VA

Recently renovated shopping center anchored by Food Lion and Fitness 19.

Property Size4,800 SF
Lot Size11.39 Acres
Days on Market248

Property Features for 1245 Cedar Rd

General Information

Standard status Active
Size 4,800 SF
Lot size 11.39 Acres
Property subtype RETAIL
Listing Agency: Colliers | Norfolk
Listed By: George Fox · License #VA0225079080
Source: Moodyscre
Added: Nov 24, 2025 Changed: Jul 6 Last Checked: Jul 6 at 9:35AM

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.

This retail space is located within the recently renovated Las Gaviotas neighborhood shopping center, which encompasses 90,505 square feet. The center is anchored by a long-standing Food Lion with a substantial lease term and growing sales. In addition to Food Lion, the center features Fitness 19, along with a diverse mix of popular restaurants and essential retail providers. The location caters to some of the highest average household income areas in Hampton Roads. The available property offers 4,800 square feet of space at 1245 Cedar Rd, Chesapeake, VA.

Key Highlights

  • Anchored by long‑standing Food Lion with a substantial lease term and growing sales.
  • Located in an area with some of the highest average household incomes in Hampton Roads.
  • Recently renovated neighborhood shopping center.

Property Analytics

Current Use

Redbox Cinema VA Wholesale Kitchen ... Hardware & Home Improvement Chesapeake Wellness Center Alternative Medicine Practice Creek Bar & Pub Mr Tobacco & Vapor (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Electrical Service Accounting Firm Daycare Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

272
Businesses Nearby
154k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Shops & Services 27% Groceries 24% Apparel 6%
McDonald's Dining
21,553 visits/mo 0.3 miles
Food Lion Grocery Store Groceries
19,782 visits/mo 0.1 miles
Starbucks Dining
18,588 visits/mo 0.5 miles
7-Eleven Shops & Services
18,366 visits/mo 0.4 miles
Aldi Groceries
17,386 visits/mo 0.4 miles

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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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — Food Lion, 1245 Cedar Rd A, Chesapeake, VA 23322

Frequently Asked Questions

What type of property is this?
Shopping center - Recently renovated shopping center anchored by Food Lion and Fitness 19.
Where is this shopping center located?
The property is located at 1245 Cedar Rd Chesapeake, VA.
What are key features of this property?
This property features: Anchored by long‑standing Food Lion with a substantial lease term and growing sales.; Located in an area with some of the highest average household incomes in Hampton Roads.; Recently renovated neighborhood shopping center.
(757) 333-4380 Call to check price and availability
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