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Retail Space Near Major Anchors
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2324 Chesapeake Sq Ring Rd, Chesapeake, VA 23321

Positioned beside Target, Walmart, Sam’s Club, and Burlington Coat Factory with access to I-664.

Property Size11,414 SF
Days on Market1107

Property Features for 2324 Chesapeake Sq Ring Rd

General Information

Standard status Active
Size 11,414 SF
Property subtype RETAIL

Additional Details

Highway Access Yes
Listing Agency: Colliers | Norfolk
Listed By: Ned Brooks · License #0225113184
Source: Moodyscre
Added: Jul 21, 2023 Changed: Jul 31 Last Checked: Jul 31 at 1:23PM

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 Colliers | Norfolk

Investment Insights

Based on property information with market context.

This 11,414-square-foot retail space is located at 2324 Chesapeake Sq Ring Rd in Chesapeake, Virginia. The property is adjacent to Target, Walmart, Sam’s Club, and Burlington Coat Factory, placing it within an established retail setting.

The site offers ready access to I-664. A redevelopment is planned for the western half of Chesapeake Square Mall. Approximately three miles from the property, Amazon is building a 3.8 million-square-foot fulfillment center expected to create 2,000 new jobs.

Key Highlights

  • 11,414‑square‑foot retail space at 2324 Chesapeake Sq Ring Rd
  • Adjacent to Target, Walmart, Sam’s Club, and Burlington Coat Factory
  • Ready access to I‑664

Property Analytics

Current Use

Retail space

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

732
Businesses Nearby
740k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 32% Superstores 18% Shops & Services 17% Groceries 9%
Target Superstores
96,168 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 0.3 miles
The Home Depot Home Improvements & Furnishings
37,459 visits/mo 0.3 miles
Food Lion Grocery Store Groceries
32,387 visits/mo 0.2 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Positioned beside Target, Walmart, Sam’s Club, and Burlington Coat Factory with access to I-664.
Where is this retail space located?
The property is located at 2324 Chesapeake Sq Ring Rd Chesapeake, VA.
What are key features of this property?
This property features: 11,414‑square‑foot retail space at 2324 Chesapeake Sq Ring Rd; Adjacent to Target, Walmart, Sam’s Club, and Burlington Coat Factory; Ready access to I‑664
(757) 617-2222 Call to check price and availability
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