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Retail/Office/Medical Space For Lease
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1004 Hillwell Rd, Chesapeake, VA

Corner lot retail/office/medical space for lease. Delivering Q4 2020.

Space SizeContact for details
Property Size10,500 SF
Lot Size1.55 Acres
Days on Market1134

Property Features for 1004 Hillwell Rd

General Information

Standard status Active
Size 10,500 SF
Lot size 1.55 Acres
Property subtype RETAIL

Spaces For Lease

at 1004 Hillwell Rd Contact us

1004 Hillwell Rd $30/SF/Yr

Contact us
Listing Agency: Cushman & Wakefield | Thalhimer - Virginia Beach
Listed By: Wick Smith
Source: Moodyscre
Added: Jun 29, 2023 Changed: Jul 6 Last Checked: Jul 21 at 5:48AM

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 Cushman & Wakefield | Thalhimer - Virginia Beach

Investment Insights

Based on property information with market context.

This property features a corner lot at a signalized intersection. The available space is 11,000 square feet to be built, with delivery expected in Q4 2020. The location is near Battlefield Boulevard and Chesapeake Expressway, adjacent to Hanbury Village Shopping Center. Over 71,000 vehicles per day pass by on Chesapeake Expressway. The property is suitable for office, medical, or service uses. The property size is 10,500 square feet.

Key Highlights

  • High traffic volume: Over 71,000 vehicles per day on Chesapeake Expressway.
  • Strategic Location: Corner lot at a signalized intersection.
  • New Construction: 11,000 sq ft to be built, delivering Q4 2020.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Hair Salon Spa & Massage Center Building Supply

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

306
Businesses Nearby

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Corner lot retail/office/medical space for lease. Delivering Q4 2020.
Where is this retail space located?
The property is located at 1004 Hillwell Rd Chesapeake, VA.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: High traffic volume: Over 71,000 vehicles per day on Chesapeake Expressway.; Strategic Location: **Corner lot at a signalized intersection.**; New Construction: **11,000 sq ft to be built, delivering Q4 2020.**
(919) 423-4428 Call to check price and availability
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