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Storefront Opportunity Near Lynnhaven Green
For Lease
$14 SF/Yr

1505 Lynnhaven Parkway, Virginia Beach, VA 23453

Storefront property near schools and rooftops for rent.

Space Size8,450 SF
Property Size33,688 SF
Days on Market170

Property Features for 1505 Lynnhaven Parkway

General Information

Standard status Active
Size 8,450 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 33,688 SF
Year Built 1982

Spaces For Lease

at 1505 Lynnhaven Parkway Contact us

Unit 1355 $14/SF/Yr

Size
8,450 SF
Term
Negotiable
Contact us
Listing Agency: Divaris Real Estate Inc
Listed By: Ashley Beck
Source: Divaris
Added: Mar 26 Changed: Sep 6 Last Checked: Sep 10 at 8:26AM

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 Divaris Real Estate Inc

Investment Insights

Based on property information with market context.

This storefront property is located at the intersection of Rosemont Road and Lynnhaven Parkway. The location near Lynnhaven Green is in proximity to numerous rooftops and elementary schools.

Key Highlights

  • Located at the intersection of Rosemont Rd. & Lynnhaven Pkwy.
  • Suitable for storefront use.
  • Lynnhaven Green location.

Property Analytics

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Current Use

Farmers International Foods Grocery & Convenience Store Dollar General Discount Store La Fuente Azteca ... Restaurant Western Union Bank China Wok Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Kitchen & Bath Showroom Computer & Electronic Repair (Bike/Boat/Book/etc) 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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby
81k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 87% Dining 11% Electronics 1%
Wawa Shops & Services
45,612 visits/mo 0.2 miles
7-Eleven Shops & Services
10,732 visits/mo 0.5 miles
Waffle House Dining
8,270 visits/mo 0.1 miles
Dollar General Shops & Services
4,444 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
3,744 visits/mo 0.1 miles

Demographics for 23453, VA

36,292
Population
13,056
Households
2.8
Avg Household Size
35
Median Age
33%
College-Educated
94%
High-School Grad
9.1 sq mi
ZIP Area
3,988
Density / Sq Mi
$90,680
Median Household Income
$48,138
Median Earnings
$1,723
Median Rent
$322,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Virginia Beach, VA

$20.58 /SF/Yr
Avg Asking Price
$12–$36.91 /SF/Yr
Price Range
4,041 SF
Avg Space Size

This space is priced 32% below the average of $20.58 /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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Frequently Asked Questions

What type of property is this?
Storefront property - Storefront property near schools and rooftops for rent.
Where is this storefront property located?
The property is located at 1505 Lynnhaven Parkway Virginia Beach, VA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Located at the intersection of Rosemont Rd. & Lynnhaven Pkwy.; Suitable for storefront use.; Lynnhaven Green location.
More about this property
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