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Retail Power Center in Chesapeake
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4107 Portsmouth Boulevard, Chesapeake, VA 23321

Anchored retail center near I-664 and Chesapeake Square Mall.

Space Size1,131 SF - 3,331 SF
Property Size198,741 SF
Days on Market2036

Property Features for 4107 Portsmouth Boulevard

General Information

Standard status Active
Size 1,131 SF - 3,331 SF
Property subtype Retail

Building Details

Building Size 198,741 SF
Tenancy Multiple

Spaces For Lease

at 4107 Portsmouth Boulevard Contact us

Suite 101

Size
1,131 SF
Type
Retail
Availability
Active
Contact us

Suite 112

Size
2,400 SF
Type
Retail
Availability
Active
Contact us

Suite 121

Size
3,331 SF
Type
Retail
Availability
Active
Contact us

03 - Former Taco Bell

Size
2,021 SF
Type
Retail
Availability
Active
Contact us

04 - Former Zoot's

Size
2,433 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Divaris Real Estate Inc
Listed By: Levi Thomson · License #VA
Source: Crexi
Added: Jan 28, 2021 Changed: Aug 8 Last Checked: Aug 25 at 10:11AM

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

Investment Insights

Based on property information with market context.

Chesapeake Commons is a retail power center anchored by Best Buy, Ross, Old Navy, and Aldi. The property is located off I-664, east on Portsmouth Boulevard, at Taylor Road in Chesapeake, Virginia. Situated in the Chesapeake Square submarket, the center is directly across from Chesapeake Square Mall, which is slated for a major redevelopment into a mixed-use development with a significant multi-family component. The submarket encompasses approximately 2,162,000 square feet of retail space and is experiencing substantial retail and residential growth. The center offers convenient access to Interstate 664 via the Portsmouth Boulevard interchange, providing customers with ease of access. It is located on the southwest corner of the intersection of Portsmouth Boulevard and Taylor Road in the Western Branch section of Chesapeake.

Key Highlights

  • Anchored by major retailers: Best Buy, Ross, Old Navy, and Aldi.
  • Located in a high‑growth retail and residential submarket.
  • Directly across from Chesapeake Square Mall, which is undergoing a major mixed‑use redevelopment.

Property Analytics

Current Use

Inland American Retail ... Real Estate Agency Dr. David Dano Dental Office Especially For You, LLC Medical Clinic Cricket Wireless Authorized ... Mobile Phone Store Lendmark Financial Services ... Loan Service

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Auto Repair Shop

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

699
Businesses Nearby
695k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Superstores 19% Shops & Services 12% Groceries 9%
Target Superstores
96,168 visits/mo 0.4 miles
Chick-fil-A Dining
55,047 visits/mo 0.3 miles
BJ's Wholesale Club Superstores
38,209 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
37,459 visits/mo 0.4 miles
Food Lion Grocery Store Groceries
32,387 visits/mo 0.3 miles

Demographics for 23321, VA

37,752
Population
14,836
Households
2.5
Avg Household Size
38
Median Age
39%
College-Educated
95%
High-School Grad
26.7 sq mi
ZIP Area
1,414
Density / Sq Mi
$98,257
Median Household Income
$51,133
Median Earnings
$1,434
Median Rent
$352,000
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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Similar Off Market Nearby

  • Chesapeake Center 4300 Portsmouth Blvd, Chesapeake, VA 23321
  • The Crossroads at Chesapeake Square 4107 Portsmouth Blvd, Chesapeake, VA 23321
  • Stonebridge Plaza 3916 Portsmouth Blvd, Chesapeake, VA 23321
  • Chesapeake Square 4200 Portsmouth Blvd, Chesapeake, VA 23321
  • Chesapeake Center Chesapeake, VA 23321

Frequently Asked Questions

What type of property is this?
Shopping center - Anchored retail center near I-664 and Chesapeake Square Mall.
Where is this shopping center located?
The property is located at 4107 Portsmouth Boulevard Chesapeake, VA.
What are key features of this property?
This property features: Anchored by major retailers: Best Buy, Ross, Old Navy, and Aldi.; Located in a high‑growth retail and residential submarket.; Directly across from Chesapeake Square Mall, which is undergoing a major mixed‑use redevelopment.
(757) 333-4382 Call to check price and availability
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