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    1903 S Military Hwy Chesapeake, VA 23320

    For Lease
    $9 SF/Yr ($7,593 /Mo)

    Value-oriented shopping center with space for lease, Summer 2024 opening.

    Property size:
    10,125 SF
    Lot size:
    26.68 Acres

    Property Features for 1903 S Military Hwy

    General Information

    Size
    10,125 SF
    Lot size
    26.68 Acres

    Source: Kotarides Property Management Agent Susan Springer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Regional Shopping Center Space Available

    This regional shopping center offers space for lease. The center is value-oriented and includes tenants such as Big Lots, Dollar Tree, CitiTrends, Home Emporium, and Hibbett Sports. Rainbow Fashions is opening in Summer 2024. The property has close access to I-64, I-464, and Battlefield Blvd. A bus transfer station is located on the property. Available spaces include a 10,125 square foot retail property.
    Location Intelligence

    Current Use by Public Records

    Johnson's BBQ Barbecue Restaurant Adam Pawn Shop Pawn Shop La Botica Hispana ... Store Rent-A-Center Furniture Store La Raza tienda ... Convenience Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM, Chesapeake Crossing Shopping Center, Coinstar Kiosk | Bitcoin ATM, Midway Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2542037
    Latitude
    36.7864224

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    FAQs

    What type of property is this?
    Shopping center - Value-oriented shopping center with space for lease, Summer 2024 opening.
    Where is this shopping center located?
    The property is located at 1903 S Military Hwy Chesapeake, VA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Value-oriented Regional Shopping Center; - Anchor tenants include Big Lots, Dollar Tree, CitiTrends, Home Emporium, Hibbett Sports, and Rainbow Fashions (opening Summer 2024); - Close access to I-64, I-464 and Battlefield Blvd.
    (757) 461-1000
    Request Owner's contact information
    1903 S Military Hwy Chesapeake, VA 23320
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    Chesapeake, VA 23320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1903 S Military Hwy Chesapeake, VA 23320
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