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Freestanding Retail Building with Drive-Thru
For Lease
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2040 Atlantic Ave, Chesapeake, VA 23324

Former drug store with a drive-thru and grade-level roll-up door at a signalized intersection.

Space Size13,813 SF
Days on Market426

Property Features for 2040 Atlantic Ave

General Information

Standard status Active
Size 13,813 SF
Property subtype RETAIL

Additional Details

Drive-In Doors 1

Spaces For Lease

at 2040 Atlantic Ave Contact us

2040 Atlantic Ave $16/SF/Yr

Floor
Bldg
Size
13,813 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
- The subject property is located at the signalized intersection of Atlantic Avenue...
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Listing Agency: Colliers | Norfolk
Listed By: Chris Read
Source: Moodyscre
Added: Jul 16, 2025 Changed: Aug 8 Last Checked: Sep 13 at 11:45AM

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.

The subject property is a freestanding former drug store building with drive-thru service and generally good condition. The building features a grade-level roll-up door, along with building signage and pylon signage.

The property is located at the signalized intersection of Atlantic Avenue and Campostella Road and is adjacent to a busy Food Lion center. The surrounding retail area includes nearby names such as Dollar General, CVS, Dollar Tree, and AutoZone, providing an active commercial corridor.

Designed as a standalone storefront, the site is positioned for direct customer access from the intersection while maintaining dedicated drive-thru functionality.

Key Highlights

  • Freestanding former drug store building with drive‑thru
  • Located at a signalized intersection of Atlantic Avenue and Campostella Road
  • Excellent visibility along Atlantic Avenue

Property Analytics

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Current Use

Rite Aid Pharmacy Pharmacy Rite Aid Pharmacy Redbox Cinema Western Union Bank John Parker Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Building Supply Spa & Massage Center

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

1
Drive-in doors
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

347
Businesses Nearby
109k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 44% Groceries 26% Superstores 16% Apparel 8%
Food Lion Grocery Store Groceries
28,378 visits/mo 0.1 miles
Big Lots Superstores
17,026 visits/mo 0.4 miles
Dollar Tree Shops & Services
14,337 visits/mo 0.4 miles
7-Eleven Shops & Services
12,778 visits/mo 0.3 miles
Dollar General Shops & Services
9,232 visits/mo 0.0 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Carnell Hendrick, RPH 1921 robert hall blvd, chesapeake, va 23324
  • MP Essentials LLC 2004 Brookland Dr, Chesapeake, VA 23324
  • Rite Aid Pharmacy 2040 Atlantic Ave, Chesapeake, VA 23324
  • Rite Aid 2040 Atlantic Ave, Chesapeake, VA 23324
  • John Parker 2040 Atlantic Ave, Chesapeake, VA 233243004

Frequently Asked Questions

What type of property is this?
Drug store - Former drug store with a drive-thru and grade-level roll-up door at a signalized intersection.
Where is this drug store located?
The property is located at 2040 Atlantic Ave Chesapeake, VA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Freestanding former drug store building with drive‑thru; Located at a signalized intersection of Atlantic Avenue and Campostella Road; Excellent visibility along Atlantic Avenue
(757) 450-5198 Call to check price and availability
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