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Former Drugstore Building
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2040 Atlantic Ave, Chesapeake, VA 23324

Freestanding former pharmacy building positioned at a signalized intersection beside a Food Lion shopping center.

Property SizeContact for details
Days on Market129

Property Features for 2040 Atlantic Ave

General Information

Standard status Active
Property subtype Retail

Additional Details

Corner Location Yes
Listing Agency: Colliers - Norfolk, Virginia
Listed By: Chris Read · License #VA
Source: Crexi
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 8:38AM

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, Virginia

Investment Insights

Based on property information with market context.

This former pharmacy building is positioned at the signal-controlled junction of Atlantic Avenue and Campostella Road in Chesapeake. The property offers direct exposure to Atlantic Avenue and is described as being in generally good condition.

The site sits next to a Food Lion center and within a retail corridor that includes Dollar General, CVS, Dollar Tree, and AutoZone. Its existing commercial setting and surrounding retail presence provide clear context for evaluating the property as a drugstore or broader retail asset.

Key Highlights

  • Former pharmacy building at 2040 Atlantic Ave, Chesapeake, VA 23324
  • Signalized intersection of Atlantic Avenue and Campostella Road
  • Adjacent to a Food Lion center

Property Analytics

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 Auto Parts 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.

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

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 - Freestanding former pharmacy building positioned at a signalized intersection beside a Food Lion shopping center.
Where is this drug store located?
The property is located at 2040 Atlantic Ave Chesapeake, VA.
What are key features of this property?
This property features: Former pharmacy building at 2040 Atlantic Ave, Chesapeake, VA 23324; Signalized intersection of Atlantic Avenue and Campostella Road; Adjacent to a Food Lion center
(757) 450-5198 Call to check price and availability
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