Two-Tenant Retail Shopping
4336 Virginia Bch Blvd Virginia Beach, VA 23452
For Sale
Contact for pricing
Two-tenant shopping center with pylon sign available and strong four-way ingress/egress visibility.
Property Size5,150 SF
Lot Size0.40 Acres
Price / SF$373.63
Days on Market534
Property Features for 4336 Virginia Bch Blvd
General Information
Standard status
Active
Size
5,150 SF
Lot size
0.40 Acres
Property subtype
RETAIL
Listing Agency:
Kotarides Property Management
(757) 513-2500
Listed By:
Chris Good
Source:
Moodyscre
Added: Feb 10, 2025
Changed: Jul 26
Last Checked: Jul 28 at 4:26PM
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 Kotarides Property Management
Investment Insights
Based on property information with market context.
This two-tenant shopping center totals 5,150 square feet on 0.4 acres. The property is offered for sale with a pylon sign available, providing building identification for incoming traffic.
Located at 4336 Virginia Bch Blvd in Virginia Beach, the site benefits from approximately 43,000 VPD with a turn lane and four-way ingress/egress, supporting convenient access from multiple directions.
The center’s setup is designed to support two distinct tenant spaces within a compact retail configuration, positioned for area restaurant activity as reflected in the property’s stated restaurant sales context.
Located at 4336 Virginia Bch Blvd in Virginia Beach, the site benefits from approximately 43,000 VPD with a turn lane and four-way ingress/egress, supporting convenient access from multiple directions.
The center’s setup is designed to support two distinct tenant spaces within a compact retail configuration, positioned for area restaurant activity as reflected in the property’s stated restaurant sales context.
Key Highlights
- Two‑tenant 5,150 SF shopping center on 0.4 acres
- 43,000 VPD roadway frontage with turn lane
- Four‑way ingress/egress with turn‑lane access
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.3k | $15.60 |
| − Vacancy | −$3.3k | −$0.64 |
| EGI | $77.0k | $14.96 |
| − OpEx | −$23.1k | −$4.49 |
| NOI | $53.9k | $10.47 |
5,150 SF · lease $15.60/SF/yr · vacancy 4.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$770.5K
$674.2K – $898.9K
NOI $53,932 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.17M – $1.56M
NOI $93,442 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Town Center Plaza at Downtown — 119 S Independence Blvd, Virginia Beach, VA 23462
- Thalia Village Shoppes — 190 Thalia Village Shoppes, Virginia Beach, VA 23452
- Town Center of Virginia Beach — 222 Central Park Ave, Virginia Beach, VA 23462
- The Town Center of Virginia Beach — 222 Central Park Ave, Virginia Beach, VA 23462
- Collins Square — 4001 Virginia Beach Blvd b120, Virginia Beach, VA 23452
Frequently Asked Questions
What type of property is this?
Shopping center - Two-tenant shopping center with pylon sign available and strong four-way ingress/egress visibility.
Where is this shopping center located?
The property is located at 4336 Virginia Bch Blvd Virginia Beach, VA.
What is the asking price?
The asking price for this property is $1,924,195.
What are key features of this property?
This property features: Two‑tenant 5,150 SF shopping center on 0.4 acres; 43,000 VPD roadway frontage with turn lane; Four‑way ingress/egress with turn‑lane access
