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Oceanfront Retail Storefront
For Lease
$35 SF/Yr

2314-2318 Atlantic Ave, Virginia Beach, VA 23451

Oceanfront storefront space with highly visible Atlantic Avenue signage and convenient access to I-264.

Space Size3,700 SF
Property Size6,664 SF
Days on Market111

Property Features for 2314-2318 Atlantic Ave

General Information

Standard status Active
Size 3,700 SF
Property subtype Retail
Lease Term NN

Additional Details

Highway Access Yes

Building Details

Building Size 6,664 SF

Spaces For Lease

at 2314-2318 Atlantic Ave Contact us

2314 $35/SF/Yr

Size
3,700 SF
Type
Strip Center
Term
Negotiable
Contact us
Listing Agency: The Katsias Company
Listed By: John Katsias
Source: Katsias
Added: May 18 Changed: Aug 25 Last Checked: Sep 5 at 7:07AM

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 The Katsias Company

Investment Insights

Based on property information with market context.

Rare oceanfront lease opportunity at 2314–2318 Atlantic Ave in the Virginia Beach Oceanfront Resort Area. The property benefits from highly visible signage on Atlantic Avenue and provides prime access to I-264.

All FF&E may convey with a new lease, which can help support a streamlined tenant transition. Located at the heart of the Oceanfront Resort Area, the offering is described as serving over 14 million visitors per year, supporting strong foot-traffic visibility for a retail concept.

Key Highlights

  • Rare oceanfront lease opportunity on Atlantic Avenue at the Virginia Beach Oceanfront
  • Highly visible signage on Atlantic Avenue
  • Located in the heart of the Virginia Beach Oceanfront Resort Area (over 14 million visitors per year)

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Big Box & Wholesale Store Electrical Service Building Supply HVAC Service Garden Center Storage Facility

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,540
Businesses Nearby
105k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 30% Dining 29% Hotels & Casinos 24% Shops & Services 17%
Harris Teeter Groceries
28,846 visits/mo 0.4 miles
Wendy's Dining
9,775 visits/mo 0.1 miles
7-Eleven Shops & Services
7,564 visits/mo 0.4 miles
Baja Fresh Dining
7,134 visits/mo 0.1 miles
7-Eleven Shops & Services
5,359 visits/mo 0.3 miles

Demographics for 23451, VA

44,879
Population
24,897
Households
1.8
Avg Household Size
41
Median Age
57%
College-Educated
97%
High-School Grad
19.8 sq mi
ZIP Area
2,267
Density / Sq Mi
$97,945
Median Household Income
$57,472
Median Earnings
$1,697
Median Rent
$591,300
Median Home Value

Market

Lease Benchmarks for Virginia Beach, VA

$24.78 /SF/Yr
Avg Asking Price
$12–$36.91 /SF/Yr
Price Range
3,472 SF
Avg Space Size

This space is priced 41% above the average of $24.78 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • The Wandering Petal 518 Laskin Rd, Virginia Beach, VA 23451

Frequently Asked Questions

What type of property is this?
Storefront property - Oceanfront storefront space with highly visible Atlantic Avenue signage and convenient access to I-264.
Where is this storefront property located?
The property is located at 2314-2318 Atlantic Ave Virginia Beach, VA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Rare oceanfront lease opportunity on Atlantic Avenue at the Virginia Beach Oceanfront; Highly visible signage on Atlantic Avenue; Located in the heart of the Virginia Beach Oceanfront Resort Area (over 14 million visitors per year)
More about this property
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