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Built-Out Restaurant Retail Space
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2029 South Lynnhaven Parkway, Virginia Beach, VA 23456

Fully equipped restaurant space within a Walmart-anchored shopping center at a high-volume Virginia Beach intersection.

Space Size1,500 SF
Property Size92,407 SF
Days on Market2

Property Features for 2029 South Lynnhaven Parkway

General Information

Standard status Active
Size 1,500 SF
Net Rentable 1,500 SF
Property subtype Retail

Space & Availability

Available Space 1,500 SF
Contiguous Space 1,500 SF
Space Use Restaurant

Site & Location

Anchor Co-Tenants Chick-fil-a, Starbucks, McDonalds, Taco Bell, Wal-Mart Supercenter, HOTWORX, Cato, Sally's Beauty, Bangkok Garden
Traffic Count 76,000 vehicles/day

Building Details

Building Size 92,407 SF
Tenancy Multi

Spaces For Lease

at 2029 South Lynnhaven Parkway Contact us

L (Former Pizza Restaurant)

Size
1,500 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Divaris Real Estate - Hampton Roads
Listed By: Levi Thomson
Source: Divaris
Added: Sep 2 Last Checked: Sep 2 at 2:00PM

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 - Hampton Roads

Investment Insights

Based on property information with market context.

This 1,500 SF retail space is configured as a fully built-out restaurant within Salem Crossing Shopping Center. The center is anchored by a Walmart Supercenter and includes restaurant and service-oriented occupants, creating an established commercial setting for a food-service operator.

The property is positioned at the intersection of Princess Anne Road and Lynnhaven Parkway in Virginia Beach. Reported traffic volume at the intersection is over 76,000 VPD. Named surrounding businesses include Chick-fil-A, Starbucks, McDonald’s, Taco Bell, HOTWORX, Cato, Sally’s Beauty, and Bangkok Garden. McDonald’s, Chick-fil-A, Taco Bell, and Starbucks are identified as outparcels.

Key Highlights

  • 1,500 SF fully built‑out restaurant space
  • Located within Salem Crossing Shopping Center
  • Walmart Supercenter serves as the center’s anchor

Property Analytics

Current Use

Bangkok Garden Restaurant Auto Insurance Quotes Insurance Agency Zero's Subs @ Salem ... Take-out & Catering Maxx Cuts Hair Salon Venice NY Pizza ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Repair Shop HVAC Service Kitchen & Bath Showroom

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

76,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby
457k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 37% Superstores 29% Shops & Services 15% Home Improvements & Furnishings 11%
Walmart Superstores
133,065 visits/mo 0.2 miles
Chick-fil-A Dining
57,638 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
51,024 visits/mo 0.4 miles
McDonald's Dining
42,411 visits/mo 0.2 miles
Dollar Tree Shops & Services
25,288 visits/mo 0.4 miles

Demographics for 23456, VA

59,454
Population
22,071
Households
2.7
Avg Household Size
39
Median Age
46%
College-Educated
95%
High-School Grad
50.1 sq mi
ZIP Area
1,187
Density / Sq Mi
$128,403
Median Household Income
$58,827
Median Earnings
$1,928
Median Rent
$455,500
Median Home Value

Market

Lease Benchmarks for Virginia Beach, VA

$17.75 /SF/Yr
Avg Asking Price
$12–$20 /SF/Yr
Price Range
4,661 SF
Avg Space Size

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully equipped restaurant space within a Walmart-anchored shopping center at a high-volume Virginia Beach intersection.
Where is this retail space located?
The property is located at 2029 South Lynnhaven Parkway Virginia Beach, VA.
What are key features of this property?
This property features: 1,500 SF fully built‑out restaurant space; Located within Salem Crossing Shopping Center; Walmart Supercenter serves as the center’s anchor
More about this property
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