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Retail Space for Lease
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4200 Portsmouth Blvd, Chesapeake, VA 23321

For lease retail space totaling 1,266 sq ft, with area demand supported by 2.8M recorded visits in 2023.

Property Size1,266 SF
Days on Market871

Property Features for 4200 Portsmouth Blvd

General Information

Standard status Active
Size 1,266 SF
Property subtype RETAIL
Listing Agency: Kotarides Property Management
Listed By: Susan Springer
Source: Moodyscre
Added: Mar 13, 2024 Changed: Jul 26 Last Checked: Jul 31 at 11:09AM

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 Property Management

Investment Insights

Based on property information with market context.

This retail space is available for lease and offers 1,266 square feet of usable area at 4200 Portsmouth Blvd in Chesapeake, VA.

Recent and planned nearby development points to continued market growth. Amazon has opened two new fulfillment centers nearby, bringing 1,700 new jobs to the market. Additionally, new residential units have been approved or permitted, with 1,100+ units recently delivered, and the City of Chesapeake is in the planning stages of a $5M corridor improvement plan. According to Placer.ai cell phone tracking data, there were 2.8M visits to the property in 2023.

Key Highlights

  • For lease retail space totaling 1,266 SF
  • 2.8M visits recorded to the property in 2023 (Placer.ai cell phone tracking data)
  • Nearby Amazon fulfillment centers recently opened, bringing 1,700 new jobs to the market

Property Analytics

Current Use

Burlington Women'S Clothing Store Woody's Raw Bar ... Bar & Pub KAY Jewelers (Bike/Boat/Book/etc) Store Chinese Gourmet Express Restaurant Nori Japan Restaurant

Suggested Use

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

774
Businesses Nearby
934k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 35% Dining 24% Shops & Services 15% Groceries 7%
Walmart Superstores
111,788 visits/mo 0.3 miles
Target Superstores
96,168 visits/mo 0.1 miles
Sam's Club Superstores
78,816 visits/mo 0.3 miles
Chick-fil-A Dining
55,047 visits/mo 0.3 miles
BJ's Wholesale Club Superstores
38,209 visits/mo 0.5 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
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Frequently Asked Questions

What type of property is this?
Retail space - For lease retail space totaling 1,266 sq ft, with area demand supported by 2.8M recorded visits in 2023.
Where is this retail space located?
The property is located at 4200 Portsmouth Blvd Chesapeake, VA.
What are key features of this property?
This property features: For lease retail space totaling 1,266 SF; 2.8M visits recorded to the property in 2023 (Placer.ai cell phone tracking data); Nearby Amazon fulfillment centers recently opened, bringing 1,700 new jobs to the market
(757) 560-3931 Call to check price and availability
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