Listing Agency: JMS Commercial Show Phone

Listed By: John Merenda Show Phone

Source: Moodyscre

Added: Dec 13, 2022 Changed: Jul 6 Last Checked: Jul 21 at 5:19AM

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Investment Insights

Based on property information with market context.

This retail space, encompassing 2075 square feet, benefits from a location with high traffic volume, measured at 34,000 vehicles per day. The property offers excellent visibility from Oceana Boulevard and shares a stoplight with a Commissary.

Key Highlights

• Excellent visibility from Oceana Boulevard
• Traffic counts 34,000 VPD
• Shares stoplight with Commissary

Property Analytics

Property Profile

Current Use

Thin Brew Line ... Production Facility DaVita Oceana Dialysis Medical Clinic Jessy's Tacos and Tequila Restaurant Beach Vodka Brewery & Distillery Oceana Crossing Shopping ... Shopping Center & Mall

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Auto Parts Store Hair Salon Auto Repair Shop

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

$2.55 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

446

Businesses Nearby

140k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 57% Shops & Services 43%

Target Superstores

80,448 visits/mo 0.5 miles

Wawa Shops & Services

46,550 visits/mo 0.3 miles

7-Eleven Shops & Services

11,419 visits/mo 0.3 miles

Napa Auto Parts Shops & Services

1,014 visits/mo 0.3 miles

Firestone Complete Auto Care Shops & Services

766 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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property with high traffic and excellent visibility for rent.

Where is this retail space located?

The property is located at 1375 Oceana Blvd Virginia Beach, VA.

What is the lease rate?

The lease rate is $17 SF/Yr.

What are key features of this property?

This property features: Excellent visibility from Oceana Boulevard; Traffic counts 34,000 VPD; Shares stoplight with Commissary