Listing Agency: Norfolk - Main

Listed By: George Fox · License #VA0225079080 Show Phone

Source: Colliers

Added: Jun 19 Changed: Sep 8 Last Checked: Sep 8 at 7:36AM

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Investment Insights

Based on property information with market context.

A 1,800 SF retail space is available for lease in the Edinburgh submarket of Chesapeake, Virginia. The location is positioned within a large, regional retail corridor that is anchored by Target and Walmart.

The shopping center environment is surrounded by well-known national brands, including Starbucks, Chick-fil-A, Panera, Buffalo Wild Wings, Arby’s, and McDonald’s, among others. The site sits just off Chesapeake Expressway (Rt. 168), supporting access to one of Hampton Roads’ densest and highest-spending trade areas.

Edinburgh is a master-planned community, and the submarket has continued momentum alongside nearby residential growth, including new housing permits issued by Chesapeake from 2020 to 2024.

Key Highlights

• 1,800 SF retail space available for lease in the Edinburgh submarket of Chesapeake, VA.
• Located within a Target and Walmart‑anchored retail corridor in Chesapeake’s Edinburgh submarket.
• Surrounding national retailers include Starbucks, Chick‑fil‑A, Panera, Buffalo Wild Wings, Arby’s, and McDonald’s.

Property Analytics

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Current Use

Dr. Elice Genier Physician Gran Rodeo Mexican ... Restaurant Near2Me Storage Units Storage Facility Baba's Pizzeria Restaurant Virginia ABC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Electrical Service Locksmith Grocery & Convenience Store Nail Salon Catering Service

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

Yes

Highway access

NNN (Triple Net)

Lease Type

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

241

Businesses Nearby

339k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 45% Superstores 25% Shops & Services 14% Home Improvements & Furnishings 10%

Target Superstores

83,304 visits/mo 0.2 miles

Chick-fil-A Dining

44,672 visits/mo 0.2 miles

The Home Depot Home Improvements & Furnishings

35,583 visits/mo 0.5 miles

Murphy USA Shops & Services

25,065 visits/mo 0.5 miles

Cracker Barrel Old Country Store Dining

19,564 visits/mo 0.3 miles

Demographics for 23322, VA

66,994

Population

22,386

Households

3

Avg Household Size

40

Median Age

42%

College-Educated

95%

High-School Grad

187.8 sq mi

ZIP Area

357

Density / Sq Mi

$133,522

Median Household Income

$55,549

Median Earnings

$1,870

Median Rent

$448,000

Median Home Value

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 - 1,800 SF retail suite available for lease in the Edinburgh submarket of Chesapeake, VA within a Target and Walmart-anchored corridor.

Where is this retail space located?

The property is located at 236 Carmichael Way Chesapeake, VA.

What is the lease rate?

The lease rate is $1,800/Mo.

What are key features of this property?

This property features: 1,800 SF retail space available for lease in the Edinburgh submarket of Chesapeake, VA.; Located within a Target and Walmart‑anchored retail corridor in Chesapeake’s Edinburgh submarket.; Surrounding national retailers include Starbucks, Chick‑fil‑A, Panera, Buffalo Wild Wings, Arby’s, and McDonald’s.