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Post Office-Anchored Shopping Center
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Pending

3545-3590 Towne Point Rd, Portsmouth, VA 23703

Established retail center with a long-term US Post Office anchor and direct access near the 164 bypass.

Property Size21,478 SF
Lot Size2.19 Acres
Days on Market143

Property Features for 3545-3590 Towne Point Rd

General Information

Standard status Pending
Size 21,478 SF
Lot size 2.19 Acres
Property subtype Retail

Site & Location

Pylon Signage Yes
Anchor Co-Tenants US Post Office Churchland Station
Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Kotarides Companies
Listed By: Chris Good · License #VA
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 6:44AM

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 Kotarides Companies

Investment Insights

Based on property information with market context.

Towne Point Shoppes is a retail shopping center offering 21,478 square feet of retail space across 2.19 acres. The property is anchored by the US Post Office Churchland Station, which has occupied space at the center since 2005.

The center is located at 3545-3590 Towne Point Rd in Portsmouth, Virginia, adjacent to the 164 bypass. A signalized intersection supports access, while a prominent pylon sign provides on-site identification for the retail asset.

Key Highlights

  • 21,478 square feet of retail space on 2.19 Acres
  • Anchored by US Post Office Churchland Station since 2005
  • Adjacent to the 164 bypass

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Furniture & Home Goods Building Supply Bakery (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,204
Businesses Nearby
201k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 51% Shops & Services 47% Hotels & Casinos 1% Home Improvements & Furnishings 1%
McDonald's Dining
33,302 visits/mo 0.4 miles
Dollar Tree Shops & Services
24,543 visits/mo 0.3 miles
Royal Farms Shops & Services
24,286 visits/mo 0.2 miles
Roses Discount Store Shops & Services
21,229 visits/mo 0.3 miles
Taco Bell Dining
13,102 visits/mo 0.4 miles

Demographics for 23703, VA

26,388
Population
10,856
Households
2.4
Avg Household Size
38
Median Age
29%
College-Educated
91%
High-School Grad
13.9 sq mi
ZIP Area
1,898
Density / Sq Mi
$75,804
Median Household Income
$46,288
Median Earnings
$1,377
Median Rent
$273,700
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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Frequently Asked Questions

What type of property is this?
Shopping center - Established retail center with a long-term US Post Office anchor and direct access near the 164 bypass.
Where is this shopping center located?
The property is located at 3545-3590 Towne Point Rd Portsmouth, VA.
What are key features of this property?
This property features: 21,478 square feet of retail space on 2.19 Acres; Anchored by US Post Office Churchland Station since 2005; Adjacent to the 164 bypass
More about this property
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