Freestanding Retail Building with
For Lease
Contact for pricing
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 Market472
Property Features for 2040 Atlantic Ave
General Information
Standard status
Active
Size
13,813 SF
Property subtype
RETAIL
Site & Location
Neighborhood
South Norfolk
Additional Details
Drive-In Doors
1
Spaces For Lease
at 2040 Atlantic Ave
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 and Campostella Road and is adjacent to a busy Food Lion center.
- The property is surrounded by an abundance of retail including Dollar General, CVS, Dollar Tree, and AutoZone.
- The former Rite Aid has excellent visibility to Atlantic Avenue and the building itself appears to be in generally good condition.
- Freestanding former drug store building with drive-thru
- Located at signalized intersection of Atlantic Avenue and Campostella Road
- Grade-level roll up door
- Building sign & pylon signage
Contact us
Listing Agency:
Colliers | Norfolk
(757) 490-3300
Listed By:
Chris Read
(757) 450-5198
Source:
Moodyscre
Added: Jul 16, 2025
Changed: Oct 25
Last Checked: Oct 28 at 9:56AM
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
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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.
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
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
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
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
