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Retail Space in Town Center
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222 Central Park Ave, Virginia Beach, VA 23462

Mixed-use development in Virginia Beach's downtown area.

Space Size633 SF - 4,973 SF
Property Size450,000 SF
Days on Market1876

Property Features for 222 Central Park Ave

General Information

Standard status Active
Size 633 SF - 4,973 SF
Property subtype Retail

Building Details

Building Size 450,000 SF
Tenancy Multiple

Spaces For Lease

at 222 Central Park Ave Contact us

BLOCK 10

Size
3,286 SF
Type
Retail
Availability
Active
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Block 10 Available Space 1

Size
1,517 SF
Type
Retail
Availability
Active
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Block 10

Size
2,798 SF
Type
Retail
Availability
Active
Contact us

Block 4

Size
633 SF
Type
Retail
Availability
Active
Contact us

Block 9

Size
4,973 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Divaris Real Estate Inc Charlotte
Listed By: Gerald Divaris · License #NC
Source: Crexi
Added: Jun 25, 2021 Changed: Aug 8 Last Checked: Aug 8 at 4:21AM

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 Inc Charlotte

Investment Insights

Based on property information with market context.

Town Center of Virginia Beach is a mixed-use development spanning 17 city blocks. It serves as a focal point in the MSA, located midway between downtown Norfolk and the Virginia Beach Oceanfront. Virginia Beach is a dense suburban community and the largest city within Hampton Roads, the second largest MSA in Virginia serving over 2 million people. Town Center attracts visitors from across Hampton Roads and from markets such as Richmond and Northern Virginia. It offers a range of experiences in one destination. As a joint private-public partnership between Armada Hoffler and the City of Virginia Beach, Town Center offers new-to-market retail in the region within Virginia Beach’s downtown. Virginia Beach is the largest city in Virginia, where residents and visitors can enjoy the surf, grow a business, or start a family. Retailers enter the thriving market, bringing goods and services to a growing population.

Key Highlights

  • Focal point of the Hampton Roads MSA, serving over 2 million people.
  • Mixed‑use development offering a full range of experiences in one destination.
  • Prime location midway between downtown Norfolk and the Virginia Beach Oceanfront.

Property Analytics

Current Use

Jeff Rosen Law Firm Willcox Savage Law Firm Mark R. Baumgartner Law Firm Moriarty Joseph P Law Firm Mark E. Slaughter, ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Tanning Salon Wine and Liquor Store Clothing & Fashion Store Pet Grooming Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,574
Businesses Nearby
1.2M
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Superstores 21% Shops & Services 12% Apparel 11%
Walmart Superstores
124,160 visits/mo 0.5 miles
Target Superstores
123,938 visits/mo 0.4 miles
Wegmans Groceries
95,993 visits/mo 0.3 miles
Kohl's Apparel
56,671 visits/mo 0.3 miles
Best Buy Electronics
51,231 visits/mo 0.4 miles

Demographics for 23462, VA

68,045
Population
29,729
Households
2.3
Avg Household Size
34
Median Age
31%
College-Educated
94%
High-School Grad
11.0 sq mi
ZIP Area
6,186
Density / Sq Mi
$69,680
Median Household Income
$43,613
Median Earnings
$1,652
Median Rent
$269,400
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
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Frequently Asked Questions

What type of property is this?
Retail space - Mixed-use development in Virginia Beach's downtown area.
Where is this retail space located?
The property is located at 222 Central Park Ave Virginia Beach, VA.
What are key features of this property?
This property features: Focal point of the Hampton Roads MSA, serving over 2 million people.; Mixed‑use development offering a full range of experiences in one destination.; Prime location midway between downtown Norfolk and the Virginia Beach Oceanfront.
More about this property
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