Retail Space with High Visitor
For Lease
Contact for pricing
4200 Portsmouth Blvd, Chesapeake, VA 23321
For lease retail space totaling 3,762 SF with 2.8M visits recorded at the site in 2023.
Property Size3,762 SF
Days on Market871
Property Features for 4200 Portsmouth Blvd
General Information
Standard status
Active
Size
3,762 SF
Property subtype
RETAIL
Listing Agency:
Kotarides Property Management
(757) 560-3931
Listed By:
Susan Springer
Source:
Moodyscre
Added: Mar 13, 2024
Changed: Jul 28
Last Checked: Jul 31 at 7:58AM
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.
Available for lease is a retail space offering 3,762 square feet of commercial area at 4200 Portsmouth Blvd in Chesapeake, VA.
Recent market activity includes Amazon opening two new fulfillment centers nearby, adding 1,700 jobs to the area, with additional rooftops expected as 2,000 new residential units are approved or permitted and 1,100+ units have recently delivered. The City of Chesapeake is also in the planning stages of a $5M corridor improvement plan. Based on Placer.ai cell phone tracking data, the property recorded 2.8M visits in 2023.
This offering is sized for retailers seeking a dedicated space and will be of interest to operators evaluating a growing local customer base supported by nearby employment and ongoing residential development.
Recent market activity includes Amazon opening two new fulfillment centers nearby, adding 1,700 jobs to the area, with additional rooftops expected as 2,000 new residential units are approved or permitted and 1,100+ units have recently delivered. The City of Chesapeake is also in the planning stages of a $5M corridor improvement plan. Based on Placer.ai cell phone tracking data, the property recorded 2.8M visits in 2023.
This offering is sized for retailers seeking a dedicated space and will be of interest to operators evaluating a growing local customer base supported by nearby employment and ongoing residential development.
Key Highlights
- Retail space for lease totaling 3,762 SF
- 2.8M visits recorded at the property in 2023 (Placer.ai cell phone tracking)
- Amazon recently opened two nearby fulfillment centers, adding 1,700 jobs to the market
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
934k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 35%
Dining 24%
Shops & Services 15%
Groceries 7%
Walmart
Superstores
111,788 visits/mo
0.3 miles
Target
Superstores
96,168 visits/mo
0.1 miles
Sam's Club
Superstores
78,816 visits/mo
0.3 miles
Chick-fil-A
Dining
55,047 visits/mo
0.3 miles
BJ's Wholesale Club
Superstores
38,209 visits/mo
0.5 miles
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
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - For lease retail space totaling 3,762 SF with 2.8M visits recorded at the site in 2023.
Where is this retail space located?
The property is located at 4200 Portsmouth Blvd Chesapeake, VA.
What are key features of this property?
This property features: Retail space for lease totaling 3,762 SF; 2.8M visits recorded at the property in 2023 (Placer.ai cell phone tracking); Amazon recently opened two nearby fulfillment centers, adding 1,700 jobs to the market
