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    880-886 S Military Hwy Virginia Beach, VA 23464

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    For Lease
    $50 SF/Yr

    Centrally located retail space in Virginia Beach for lease.

    Property size:
    7,344 SF
    Lot size:
    12.75 Acres

    Property Features for 880-886 S Military Hwy

    General Information

    Size
    7,344 SF
    Lot size
    12.75 Acres

    Source: Global Real Estate Investment, Inc. Agent Michael P Zarpas

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

    Overview

    Community Center Retail Space Available

    This centrally located community center offers retail space for lease. The property, totaling 128,017 square feet, is situated in Virginia Beach and borders Norfolk and Chesapeake. It benefits from close proximity to I-64 and I-264. The location features a lighted primary entrance on S. Military Highway and a secondary entrance on Indian River Road. Oversized monument signs are present at each entrance. Current tenants include Food Lion, Burlington, and It’s Fashion Metro. Available spaces range in size, including one space of 7,344 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach
    State
    Virginia
    Longitude
    -76.2137611
    Latitude
    36.8149276

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    FAQs

    What type of property is this?
    Strip mall - Centrally located retail space in Virginia Beach for lease.
    Where is this strip mall located?
    The property is located at 880-886 S Military Hwy Virginia Beach, VA.
    What is the lease rate?
    The lease rate is $50 SF/Yr.
    What are key features of this property?
    This property features: - Centrally located 128,017 SF community center.; - Borders Norfolk and Chesapeake.; - Close proximity to I-64 and I-264.
    (757) 286-1783
    Request Owner's contact information
    880-886 S Military Hwy Virginia Beach, VA 23464
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    Virginia Beach, VA 23464
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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
    880-886 S Military Hwy Virginia Beach, VA 23464
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