Retail Suite in Regional Shopping
For Lease
Contact for pricing
1951-1989 S Military Hwy, Chesapeake, VA 23324
Regional shopping center with major retailers, close access to I-64/I-464/Battlefield Blvd, and an on-site bus transfer station.
Space Size2,500 SF
Days on Market916
Property Features for 1951-1989 S Military Hwy
General Information
Standard status
Active
Size
2,500 SF
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 1951-1989 S Military Hwy Contact us- Floor
- 1
- Size
- 2,500 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
1989 S Military Hwy $19/SF/Yr
- Value oriented Regional Shopping Center with Big Lots, Dollar Tree, CitiTrends,...
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Contact us
Listing Agency:
Kotarides Property Management
(757) 461-1000
Listed By:
Susan Springer
(757) 560-3931
Source:
Moodyscre
Added: Mar 13, 2024
Changed: Sep 5
Last Checked: Sep 14 at 8:22AM
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 retail suite is located within a value-oriented regional shopping center featuring Big Lots, Dollar Tree, CitiTrends, Home Emporium, Hibbett Sports, and Rainbow Fashions, with additional openings scheduled for Summer 2024.
The property offers close access to I-64, I-464, and Battlefield Blvd, supporting convenient drive-by access for customers and visitors.
A bus transfer station is located on the property, providing additional transit access. This setting can work well for retail tenants looking for established national and value-oriented co-tenancy within a regional center environment.
The property offers close access to I-64, I-464, and Battlefield Blvd, supporting convenient drive-by access for customers and visitors.
A bus transfer station is located on the property, providing additional transit access. This setting can work well for retail tenants looking for established national and value-oriented co-tenancy within a regional center environment.
Key Highlights
- Regional shopping center with major retailers including Big Lots, Dollar Tree, CitiTrends, Home Emporium, Hibbett Sports, and Rainbow Fashions
- New retailer openings scheduled for summer 2024
- Close access to I‑64, I‑464, and Battlefield Blvd
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
133k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Groceries 21%
Dining 17%
Superstores 13%
Food Lion Grocery Store
Groceries
28,378 visits/mo
0.5 miles
Big Lots
Superstores
17,026 visits/mo
0.0 miles
Dollar Tree
Shops & Services
14,337 visits/mo
0.1 miles
7-Eleven
Shops & Services
12,778 visits/mo
0.3 miles
Burger King
Dining
10,145 visits/mo
0.2 miles
Demographics for 23324, VA
24,239
Population
9,834
Households
2.5
Avg Household Size
34
Median Age
21%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,618
Density / Sq Mi
$57,774
Median Household Income
$39,642
Median Earnings
$1,145
Median Rent
$242,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Regional shopping center with major retailers, close access to I-64/I-464/Battlefield Blvd, and an on-site bus transfer station.
Where is this shopping center located?
The property is located at 1951-1989 S Military Hwy Chesapeake, VA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Regional shopping center with major retailers including Big Lots, Dollar Tree, CitiTrends, Home Emporium, Hibbett Sports, and Rainbow Fashions; New retailer openings scheduled for summer 2024; Close access to I‑64, I‑464, and Battlefield Blvd
