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Harris Teeter-Anchored Retail Shopping Center
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4540 Princess Anne Rd, Virginia Beach, VA 23462

Premium outparcel opportunities are available at a Harris Teeter-anchored shopping center with strong arterial traffic counts nearby.

Space SizeContact for details
Lot Size0.20 Acres
Days on Market985

Property Features for 4540 Princess Anne Rd

General Information

Standard status Active
Lot size 0.20 Acres
Property subtype LAND
Listing Agency: Cushman & Wakefield | Thalhimer - Virginia Beach
Listed By: Dean Martin
Source: Moodyscre
Added: Nov 24, 2023 Changed: Jul 31 Last Checked: Aug 5 at 9:38AM

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 Cushman & Wakefield | Thalhimer - Virginia Beach

Investment Insights

Based on property information with market context.

This Harris Teeter-anchored shopping center offers a premium outparcel opportunity available up to 2.4 acres. The center is described as anchored by Harris Teeter, Petco, and Marshalls, with additional tenants including Jollibee, Dunkin' Donuts, Kumon, Las Palmas, Primo Pizzeria, Dollar Bank, AutoZone, and American Family Care.

The property is located on the northeast corner of Princess Anne Road and South Plaza Trail in the densely populated Kempsville area of Virginia Beach. It is adjacent to Bishop Sullivan Catholic High School and Bon Secours Medical Center, and within 3 miles of Tidewater Community College (TCC) Virginia Beach Campus. Princess Anne Road carries 30,698 VPD and South Plaza Trail carries 12,520 VPD.

The availability of a larger outparcel supports a tenant or user looking for a dedicated site within an established retail environment.

Key Highlights

  • Harris Teeter, Petco, and Marshalls‑anchored shopping center
  • Premium outparcel available up to 2.4 acres
  • 30,698 VPD on Princess Anne Road

Property Analytics

Current Use

Las Palmas Mexican ... Restaurant Domo Sushi Restaurant Primo Pizza Restaurant Troy Morgan Physician Deluxe Nails & Spa Nail Salon

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Law Firm Big Box & Wholesale Store Real Estate Agency

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

532
Businesses Nearby
176k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Apparel 28% Shops & Services 27% Dining 25% Groceries 18%
Marshalls Apparel
49,235 visits/mo 0.0 miles
Harris Teeter Groceries
30,848 visits/mo 0.1 miles
Jollibee Dining
23,006 visits/mo 0.1 miles
Petco Shops & Services
14,125 visits/mo 0.0 miles
7-Eleven Shops & Services
11,192 visits/mo 0.3 miles

Demographics for 23462, VA

68,045
Population
29,729
Households
2.3
Avg Household Size
34
Median Age
31%
College-Educated
94%
High-School Grad
11.0 sq mi
ZIP Area
6,186
Density / Sq Mi
$69,680
Median Household Income
$43,613
Median Earnings
$1,652
Median Rent
$269,400
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

  • Woodtide Shopping Center 4676 princess anne rd, virginia beach, va 23462
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  • Princess Anne Shopping Center 4402 Princess Anne Rd, Virginia Beach, VA 23464

Frequently Asked Questions

What type of property is this?
Shopping center - Premium outparcel opportunities are available at a Harris Teeter-anchored shopping center with strong arterial traffic counts nearby.
Where is this shopping center located?
The property is located at 4540 Princess Anne Rd Virginia Beach, VA.
What are key features of this property?
This property features: Harris Teeter, Petco, and Marshalls‑anchored shopping center; Premium outparcel available up to 2.4 acres; 30,698 VPD on Princess Anne Road
(757) 239-0694 Call to check price and availability
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