New Veterans Affairs
4300 Portsmouth Boulevard Chesapeake, VA 23321
4300 Portsmouth Boulevard, Chesapeake, VA, 23321
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For Sale
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Under construction clinic 100% leased to Veterans Affairs.
Days on Market137
Property Features for 4300 Portsmouth Boulevard
General Information
- Standard status
- Active
- Property subtype
- office.medical
Listing agency
Washington, DC
(202) 644-8700
Listed by
Wesley Boatwright
(202) 644-8700
Source
Avisonyoung
Added: Mar 7 Updated: Jul 10 at 1:15PM Checked: Jul 10 at 1:15PM
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Investment Insights
Based on property information with market context.
The Western Branch Veterans Administration Community Based Outpatient Clinic is currently under construction at 4300 Portsmouth Boulevard, Chesapeake, VA. Upon completion, the property will be 100% leased and occupied by the U.S. Department of Veterans Affairs. The lease is estimated to begin in September 2025, upon the Veteran Administration’s acceptance of the completed space. This vital outpatient clinic will serve the Veteran community in and around western Chesapeake, VA. The property will offer a full suite of Veteran healthcare services onsite, from mental health and civilian transition support to toxic exposure screening and women’s care, an extensive range of other critical care, and Pact ACT services. The property was developed at the request of the Department of Veteran Affairs to service the Western Chesapeake Region. The current site was one of only a few that met the VA’s criteria. There is a 10-year lease option upon construction completion. The lease guarantees operating expense reimbursements throughout the term, with no cap on reimbursable real estate taxes. The Greater Hampton Roads area’s veteran concentration is two times higher than the national average; there are 177,100 Veterans living within 25 miles of the property. The property is less than 1.5 miles from Interstate 64.
Key Highlights
- 100% Leased to U.S. Department of Veterans Affairs with a 10‑year lease upon construction completion.
- New construction, essential CBOC facility developed at the request of the Department of Veteran Affairs.
- High density Veteran concentration: The Greater Hampton Roads area’s veteran concentration is 2x higher than the national average.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Aaditya Ajmani, OD
Physician
Hair vamp Salon
Hair Salon
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(Bike/Boat/Book/etc) Store
Tabitha King, LMT
Alternative Medicine Practice
Harrell's Bodywork & Massage ...
Alternative Medicine Practice
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FAQs
What type of property is this?
Medical center - Under construction clinic 100% leased to Veterans Affairs.
Where is this medical center located?
The property is located at 4300 Portsmouth Boulevard Chesapeake, VA.
What are key features of this property?
This property features: 100% Leased to U.S. Department of Veterans Affairs with a 10‑year lease upon construction completion.; New construction, essential CBOC facility developed at the request of the Department of Veteran Affairs.; High density Veteran concentration: The Greater Hampton Roads area’s veteran concentration is 2x higher than the national average.