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    Princess Anne Marketplace Medical Strip Title is generated by Realmo AI

    2076 S Independence Blvd, Virginia Beach, VA 23453

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    14,720 SF shopping center in Virginia Beach, Virginia.

    Type:Office, Retail
    Property size:
    14,720 SF
    Price / SF:
    $380/SF
    Added:
    Mar 6, 2026
    Days on Market:
    67
    Last Refresh:
    Mar 16 at 3:11 pm

    Property Features for 2076 S Independence Blvd

    General Information

    Standard status
    Active
    Size
    14,720 SF
    Property subtype
    Office, Retail

    Building Details

    Year Built
    1999

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    Listing Contact
    Kirby Hayes

    Listing agent Kirby Hayes License #TX 755222

    Listing office JLL Austin

    Listing date Mar 6, 2026

    Source Crexi

    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 JLL Austin

    HighLights

    • 100% leased with an impressive 6.7 years Weighted Average Lease Term (WALT).
    • Shadow anchored by a 111,966 square foot Target.
    • Located at the intersection of S Independence Blvd and Princess Anne Rd with high visibility of 75,000 vehicles per day.
    • Upside through future rent increases due to current below market rents.
    • Opportunity to add value by re‑tenanting Jackson Hewitt to create a fully medical‑focused strip.
    • Located in a high‑performing retail node in Virginia Beach within the Hampton Roads MSA.

    Overview

    The Princess Anne Marketplace Medical Strip is a 14,720 square foot shopping center located in Virginia Beach, Virginia. The property is shadow anchored by a 111,966 square foot Target. It is currently 100% leased with a weighted average lease term (WALT) of 6.7 years. The property features a Dunkin’ drive-thru. The tenant roster includes Ivy Rehab, Jackson Hewitt Tax Service, and Acredale Animal Hospital. There is potential for future rent increases due to current below-market rents. An opportunity exists to add value by re-tenanting Jackson Hewitt, whose term extends through December 2028 at $24 per square foot with no remaining options, potentially converting the strip to a fully medical-focused center. The property is situated at the intersection of South Independence Boulevard and Princess Anne Road, benefiting from high traffic volume of 75,000 vehicles per day. The location benefits from a strong surrounding retail presence within a high-performing retail node in Virginia Beach. Situated in the Hampton Roads MSA, the property is in a stable market supported by the United States Navy and The Port of Virginia. The property is suitable for commercial real estate, retail, medical office space, and general office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Applied Martial Arts ... Training Center Ivy Rehab for Kids ... Medical Clinic Ivy Rehab for Kids Medical Clinic Ivy Rehab Physical ... Medical Clinic Jackson Hewitt Tax ... Accounting Firm

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Princess Anne Marketplace Virginia Beach, VA 23453
    • Lynnhaven Shopping Center Lynnhaven Pkwy, Virginia Beach, VA 23453
    • Parkway Shopping Center Lynnhaven Pkwy, Virginia Beach, VA 23453
    • Princess One Shopping Center 3809 Princess Anne Rd, Virginia Beach, VA 23456

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach
    State
    Virginia
    Longitude
    -76.1104653
    Latitude
    36.7894816

    FAQs

    What type of property is this?
    Shopping center - 14,720 SF shopping center in Virginia Beach, Virginia.
    Where is this shopping center located?
    The property is located at 2076 S Independence Blvd Virginia Beach, VA.
    What is the asking price?
    The asking price for this property is $5,600,000.
    What are key features of this property?
    This property features: 100% leased with an impressive 6.7 years Weighted Average Lease Term (WALT).; Shadow anchored by a 111,966 square foot Target.; Located at the intersection of S Independence Blvd and Princess Anne Rd with high visibility of 75,000 vehicles per day.
    More about this property
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