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Renovated Retail Center Space
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4303-4361 Indian River Rd, Chesapeake, VA 23325

Total renovation underway with newly renovated parking lot planned and multiple national anchors in place.

Property Size1,240 SF
Days on Market168

Property Features for 4303-4361 Indian River Rd

General Information

Standard status Active
Size 1,240 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: The Katsias Company
Listed By: John Katsias · License #0225058745
Source: Moodyscre
Added: Feb 12 Changed: Jul 28 Last Checked: Jul 29 at 2:25PM

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 The Katsias Company

Investment Insights

Based on property information with market context.

This retail space is part of a shopping center with a total renovation in progress. The facade is almost complete, and plans include a newly renovated parking lot coming soon. The center is anchored by Dollar Tree, Family Dollar, and Advanced Auto. Dollar Tree is also noted as the newest tenant opening in fall 2024.

Located near the intersection of Indian River Road and South Military Highway, the property provides quick access to I-64, I-264, and I-464. A tenant improvement package is offered for qualified tenants, supporting flexibility for appropriate users within the center.

Key Highlights

  • Located near the intersection of Indian River Road and South Military Highway
  • Quick access to I‑64, I‑264, and I‑464
  • Dollar Tree is the newest tenant, scheduled to open fall 2024

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Electrical Service

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

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby
71k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 53% Shops & Services 47%
McDonald's Dining
20,639 visits/mo 0.2 miles
7-Eleven Shops & Services
11,548 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
9,107 visits/mo 0.0 miles
Family Dollar Shops & Services
7,546 visits/mo 0.1 miles
7-Eleven Shops & Services
6,462 visits/mo 0.5 miles

Demographics for 23325, VA

17,601
Population
7,860
Households
2.2
Avg Household Size
38
Median Age
28%
College-Educated
91%
High-School Grad
3.8 sq mi
ZIP Area
4,632
Density / Sq Mi
$73,666
Median Household Income
$39,943
Median Earnings
$1,437
Median Rent
$262,600
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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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — 880 S Military Hwy, Virginia Beach, VA 23464
  • Pure Fuel Gas — 6621 Indian River Rd, Virginia Beach, VA 23464
  • Westview Plaza Shopping Center — 6520 Indian River Rd, Virginia Beach, VA 23464
  • Burlington Plaza Shopping Center — Virginia Beach, VA 23464
  • College Park Square — College Park Square, Virginia Beach, VA 23464

Frequently Asked Questions

What type of property is this?
Shopping center - Total renovation underway with newly renovated parking lot planned and multiple national anchors in place.
Where is this shopping center located?
The property is located at 4303-4361 Indian River Rd Chesapeake, VA.
What are key features of this property?
This property features: Located near the intersection of Indian River Road and South Military Highway; Quick access to I‑64, I‑264, and I‑464; Dollar Tree is the newest tenant, scheduled to open fall 2024
(757) 472-2648 Call to check price and availability
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