Shadow-Anchored Retail Strip
For Sale
Contact for pricing
Pending
473 Kempsville Rd, Chesapeake, VA 23320
Modern strip center built in 2014, 92.6% leased to seven service-oriented tenants.
Property Size15,719 SF
Days on Market135
Property Features for 473 Kempsville Rd
General Information
Standard status
Pending
Size
15,719 SF
Property subtype
Retail
Occupancy
93%
Additional Details
Highway Access
Yes
Building Details
Year Built
2014
Tenancy
Multi
Listing Agency:
Cushman & Wakefield Thalhimer - Glen Allen, Virginia
Listed By:
Catharine Spangler · License #VA 0225196994
Source:
Crexi
Added: Apr 11
Changed: Aug 10
Last Checked: Aug 22 at 6:54PM
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 - Glen Allen, Virginia
Investment Insights
Based on property information with market context.
Cushman & Wakefield | Thalhimer is pleased to offer for sale the Green Tree Marketplace, a 15,719-square-foot strip center opportunity that is 92.6% leased. Constructed in 2014, the property is currently leased to seven regional and local, service-oriented tenants.
Positioned within the larger Green Tree development, the asset benefits from multiple shared points of access from Kempsville and Green Tree Road. The center is shadow anchored by high-traffic generators Walmart and Wawa.
The location is centrally situated within the Southside Hampton Roads’ Greenbrier/Battlefield submarket, with convenient proximity to Greenbrier Parkway, N. Battlefield Blvd, and Route 168, supporting access to Hampton Roads connectors including I-64, 264, and 464.
Positioned within the larger Green Tree development, the asset benefits from multiple shared points of access from Kempsville and Green Tree Road. The center is shadow anchored by high-traffic generators Walmart and Wawa.
The location is centrally situated within the Southside Hampton Roads’ Greenbrier/Battlefield submarket, with convenient proximity to Greenbrier Parkway, N. Battlefield Blvd, and Route 168, supporting access to Hampton Roads connectors including I-64, 264, and 464.
Key Highlights
- Green Tree Marketplace is a 15,719 SF strip center constructed in 2014.
- Currently 92.6% leased to seven service‑oriented tenants.
- Shadow‑anchored by Walmart in the Greenbrier/Battlefield submarket of Southside Hampton Roads.
Property Analytics
Property Profile
Current Use
Lease Details
92.6%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
108k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Groceries 33%
Dining 3%
Beauty & Spa 1%
Wawa
Shops & Services
49,456 visits/mo
0.0 miles
Walmart Neighborhood Market
Groceries
35,365 visits/mo
0.1 miles
7-Eleven
Shops & Services
10,163 visits/mo
0.1 miles
Exxon
Shops & Services
8,066 visits/mo
0.2 miles
Huddle House
Dining
3,010 visits/mo
0.1 miles
Demographics for 23320, VA
60,412
Population
26,131
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
93%
High-School Grad
31.7 sq mi
ZIP Area
1,906
Density / Sq Mi
$81,736
Median Household Income
$49,403
Median Earnings
$1,654
Median Rent
$323,800
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Modern strip center built in 2014, 92.6% leased to seven service-oriented tenants.
Where is this shopping center located?
The property is located at 473 Kempsville Rd Chesapeake, VA.
What are key features of this property?
This property features: Green Tree Marketplace is a 15,719 SF strip center constructed in 2014.; Currently 92.6% leased to seven service‑oriented tenants.; Shadow‑anchored by Walmart in the Greenbrier/Battlefield submarket of Southside Hampton Roads.
