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Specialty Commercial Property
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4200 Portsmouth Blvd, Chesapeake, VA 23321

Placer.ai reported 2.8M visits to the property in 2023.

Space Size1,540 SF
Days on Market962

Property Features for 4200 Portsmouth Blvd

General Information

Standard status Active
Size 1,540 SF
Property subtype RETAIL

Site & Location

Neighborhood Chesapeake Square Mall

Spaces For Lease

at 4200 Portsmouth Blvd
4200 Portsmouth Blvd AVAILABLE, Now
Floor 1
Size 1,540 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
Sublease No
- Amazon recently opened two new fulfillment centers nearby, bringing 1,700 new jobs to the market - New rooftops coming to the market - 2,000 new residential units approved or permitted. 1,100+ residential units recently delivered - City of Chesapeake is in the planning stages of a $5M corridor improvement plan - According to Placer.ai cell phone tracking data, there were 2.8M visits to the property in 2023
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Listing Agency: Kotarides Property Management
Listed By: Susan Springer
Source: Moodyscre
Added: Mar 13, 2024 Changed: Oct 25 Last Checked: Oct 28 at 9:09AM

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

Rey
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Investment Insights

Based on property information with market context.

This specialty commercial property is available for rent and totals 1,540 square feet. Placer.ai cell phone tracking data indicates there were 2.8M visits to the property in 2023.

The surrounding market has seen major momentum, including Amazon’s recent opening of two new fulfillment centers nearby and the addition of 1,700 new jobs. The area is also benefiting from approved or permitted residential growth, including 2,000 new residential units and 1,100+ units recently delivered, while the City of Chesapeake is planning a $5M corridor improvement plan.

Key Highlights

  • Placer.ai reported 2.8M visits to the property in 2023.
  • Amazon recently opened two nearby fulfillment centers, adding 1,700 new jobs to the market.
  • Plans include a $5M corridor improvement in the City of Chesapeake.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Burlington Clothing Store Woody's Raw Bar ... Bar & Pub KAY Jewelers (Bike/Boat/Book/etc) Store Chinese Gourmet Express Restaurant Nori Japan Restaurant

Suggested Use

Top Pick Building Supply Dental Office Law Firm Real Estate Agency Big Box & Wholesale Store Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

774
Businesses Nearby

Demographics for 23321, VA

37,752
Population
14,836
Households
2.5
Avg Household Size
38
Median Age
39%
College-Educated
95%
High-School Grad
26.7 sq mi
ZIP Area
1,414
Density / Sq Mi
$98,257
Median Household Income
$51,133
Median Earnings
$1,434
Median Rent
$352,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Specialty property - Placer.ai reported 2.8M visits to the property in 2023.
Where is this specialty property located?
The property is located at 4200 Portsmouth Blvd Chesapeake, VA.
What are key features of this property?
This property features: Placer.ai reported 2.8M visits to the property in 2023.; Amazon recently opened two nearby fulfillment centers, adding 1,700 new jobs to the market.; Plans include a $5M corridor improvement in the City of Chesapeake.
(757) 560-3931 · Office Call to check price and availability
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