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Retail Space in Dynamic Oceanfront
For Lease
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3420 Atlantic Avenue, Virginia Beach, VA 23451

Retail property in a prime location for commercial real estate.

Space Size4,453 SF
Property Size10,776 SF
Days on Market283

Property Features for 3420 Atlantic Avenue

General Information

Standard status Active
Size 4,453 SF
Property subtype Retail (Former Restaurant)

Building Details

Building Size 10,776 SF
Year Built 1950

Spaces For Lease

at 3420 Atlantic Avenue Contact us

Unit 103

Size
4,453 SF
Type
Restaurant
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: S.L. Nusbaum Realty Co
Listed By: Martin Murden
Source: Slnusbaum
Added: Nov 24, 2025 Changed: Sep 3 Last Checked: Sep 2 at 12:55AM

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 S.L. Nusbaum Realty Co

Investment Insights

Based on property information with market context.

Located in the dynamic Oceanfront submarket, this retail property offers 4453 square feet of space. The area is a prime location for both residential and commercial real estate.

Key Highlights

  • Prime location in the dynamic Oceanfront submarket.
  • Enviable location.
  • Suitable for residential real estate.

Property Analytics

Current Use

Pocahontas Pancake House Restaurant Mannino's Restaurant North End Pizza Restaurant Mannino gift shop (Bike/Boat/Book/etc) Store Hershey's Ice Cream Grocery & Convenience Store

Suggested Use

Top Pick Electrical Service Daycare Center (Bike/Boat/Book/etc) Store HVAC Service Computer & Electronic Repair Carpet & Flooring 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby
109k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 65% Shops & Services 20% Dining 15%
Marriott Virginia Beach Oceanfront Resort Hotels & Casinos
32,043 visits/mo 0.5 miles
7-Eleven Shops & Services
8,503 visits/mo 0.3 miles
Holiday Inn & Suites Virginia Beach - North Beach Hotels & Casinos
8,054 visits/mo 0.3 miles
Sheraton Virginia Beach Oceanfront Hotel Hotels & Casinos
7,977 visits/mo 0.0 miles
Burger King Dining
6,822 visits/mo 0.4 miles

Demographics for 23451, VA

44,879
Population
24,897
Households
1.8
Avg Household Size
41
Median Age
57%
College-Educated
97%
High-School Grad
19.8 sq mi
ZIP Area
2,267
Density / Sq Mi
$97,945
Median Household Income
$57,472
Median Earnings
$1,697
Median Rent
$591,300
Median Home Value

Market

Lease Benchmarks for Virginia Beach, VA

$17.75 /SF/Yr
Avg Asking Price
$12–$20 /SF/Yr
Price Range
4,661 SF
Avg Space Size

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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Frequently Asked Questions

What type of property is this?
Retail space - Retail property in a prime location for commercial real estate.
Where is this retail space located?
The property is located at 3420 Atlantic Avenue Virginia Beach, VA.
What are key features of this property?
This property features: Prime location in the dynamic Oceanfront submarket.; Enviable location.; Suitable for residential real estate.
More about this property
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