385 N Witchduck Rd, Virginia Beach, VA 23462
Retail property with high traffic volume near I-264.
- Added:
- Mar 20, 2026
- Days on Market:
- 110
- Last Refresh:
- Jul 5 at 4:56 am
Property Features for 385 N Witchduck Rd
General Information
- Standard status
- Active
- Size
- 22,800 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1988
Listing office Harvey Lindsay Commercial Real Estate (757) 640-9290
Listing date Mar 20, 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 Harvey Lindsay Commercial Real Estate
HighLights
- 0.7 miles to I‑264
- Benefit from high visibility with 24,019 vehicles per day
- Features two median cuts off of Witchduck Road
- Year Built: 1988
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $355.7k | $15.60 |
| − Vacancy | −$14.6k | −$0.64 |
| EGI | $341.1k | $14.96 |
| − OpEx | −$102.3k | −$4.49 |
| NOI | $238.8k | $10.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Virginia Beach
- County
- Virginia Beach
- State
- Virginia
- Longitude
- -76.1559089
- Latitude
- 36.8486553
