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Retail Space
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4200 Portsmouth Blvd, Chesapeake, VA 23321

Retail space with 2.8M visits recorded in 2023 and nearby Amazon fulfillment center job growth.

Space Size573 SF
Days on Market964

Property Features for 4200 Portsmouth Blvd

General Information

Standard status Active
Size 573 SF
Property subtype RETAIL

Site & Location

Neighborhood Chesapeake Square Mall

Spaces For Lease

at 4200 Portsmouth Blvd
4200 Portsmouth Blvd AVAILABLE, Now
Floor 1
Size 573 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
Sublease No
- Amazon recently opened two new fulfillment centers nearby, bringing 1,700 new jobs to the market - New rooftops coming to the market - 2,000 new residential units approved or permitted. 1,100+ residential units recently delivered - 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
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Listing Agency: Kotarides Property Management
Listed By: Susan Springer
Source: Moodyscre
Added: Mar 13, 2024 Changed: Oct 25 Last Checked: Oct 30 at 4:00PM

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

Rey
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Investment Insights

Based on property information with market context.

This retail space offers approximately 573 square feet at 4200 Portsmouth Blvd in Chesapeake, VA 23321. The property is supported by strong reported visitation activity, with 2.8M visits recorded in 2023.

Demand drivers in the surrounding market include the recent opening of two Amazon fulfillment centers nearby, adding 1,700 new jobs. Development momentum continues with 2,000 residential units approved or permitted, and 1,100+ residential units recently delivered. The City of Chesapeake is also in the planning stages of a corridor improvement plan.

Key Highlights

  • 573 SF retail space at 4200 Portsmouth Blvd, Chesapeake, VA 23321
  • 2.8M visits recorded to the property in 2023
  • Amazon opened two fulfillment centers nearby, adding 1,700 jobs

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Burlington 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 Dental Office Law Firm Real Estate Agency 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Retail space - Retail space with 2.8M visits recorded in 2023 and nearby Amazon fulfillment center job growth.
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: 573 SF retail space at 4200 Portsmouth Blvd, Chesapeake, VA 23321; 2.8M visits recorded to the property in 2023; Amazon opened two fulfillment centers nearby, adding 1,700 jobs
(757) 560-3931 · Office Call to check price and availability
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