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Grocery-Anchored Shopping Center
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4221 Pleasant Valley Rd, Virginia Beach, VA 23464

Recently renovated, grocery-anchored shopping center zoned B-2 in the Salem trade area.

Space Size2,620 SF
Days on Market496

Property Features for 4221 Pleasant Valley Rd

General Information

Standard status Active
Size 2,620 SF
Property subtype RETAIL

Spaces For Lease

at 4221 Pleasant Valley Rd Contact us

4221 Pleasant Valley Rd $15/SF/Yr

Floor
1
Size
2,620 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Grocery-anchored Food Lion Center (83,000 SF GLA) located in the Salem trade area...
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Listing Agency: Bucklew Properties Commercial Real Estate
Listed By: Eric Bucklew · License #0225031087
Source: Moodyscre
Added: May 2, 2025 Changed: Aug 8 Last Checked: Jul 23 at 1:48AM

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 Bucklew Properties Commercial Real Estate

Investment Insights

Based on property information with market context.

Grocery-anchored shopping center anchored by Food Lion. The property comprises approximately 10 acres and features approximately 83,000 square feet of gross leasable area, with recently renovated improvements. A for-rent offering of approximately 2,620 square feet is available within the center.

Located at the intersection of Lynnhaven Pkwy and Pleasant Valley Road, the center sits directly across from Salem Middle and Salem High Schools. The property is zoned B-2.

For tenants and brokers seeking a retail setting anchored by a major grocery operator, this renovated center provides a well-established retail environment with nearby school frontage.

Key Highlights

  • Grocery‑anchored Food Lion Center with approximately 83,000 SF GLA
  • About 10‑acre shopping center property zoned B‑2
  • Located at the intersection of Lynnhaven Pkwy and Pleasant Valley Road (near Indian River Road)

Property Analytics

Current Use

Cajun Seafood & Wings Restaurant SaigonOnePho Restaurant Tung Hoi Chinese ... Restaurant Mama Mia's Pizzeria ... Restaurant N T Nails Nail Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Building Supply

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 60% Shops & Services 40%
Food Lion Grocery Store Groceries
21,078 visits/mo 0.1 miles
Sunoco Shops & Services
9,028 visits/mo 0.1 miles
Family Dollar Shops & Services
5,204 visits/mo 0.1 miles

Demographics for 23464, VA

75,118
Population
29,267
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
94%
High-School Grad
16.7 sq mi
ZIP Area
4,498
Density / Sq Mi
$89,790
Median Household Income
$49,794
Median Earnings
$1,644
Median Rent
$339,300
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Recently renovated, grocery-anchored shopping center zoned B-2 in the Salem trade area.
Where is this grocery and convenience store located?
The property is located at 4221 Pleasant Valley Rd Virginia Beach, VA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Grocery‑anchored Food Lion Center with approximately 83,000 SF GLA; About 10‑acre shopping center property zoned B‑2; Located at the intersection of Lynnhaven Pkwy and Pleasant Valley Road (near Indian River Road)
(757) 404-0162 Call to check price and availability
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