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Mixed-Use Project in Coastal Virginia
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500 Volvo Pkwy, Chesapeake, VA 23320

Mixed-use development with residential, office, and retail spaces available.

Space Size1,093 SF - 11,000 SF
Property Size20,000 SF
Days on Market1349

Property Features for 500 Volvo Pkwy

General Information

Standard status Active
Size 1,093 SF - 11,000 SF
Total Parking Spaces 2500
Property subtype Retail

Building Details

Building Size 20,000 SF
Year Built 27
Tenancy Multiple

Spaces For Lease

at 500 Volvo Pkwy Contact us

Available Space

Size
11,000 SF
Type
Retail
Availability
Active
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Available Space

Size
5,149 SF
Type
Retail
Availability
Active
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Suite 12

Size
1,093 SF
Type
Retail
Availability
Active
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Suite 47

Size
2,248 SF
Type
Retail
Availability
Active
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Listing Agency: Colliers - Norfolk, Virginia
Listed By: Chris Read · License #VA
Source: Crexi
Added: Dec 2, 2022 Changed: Aug 8 Last Checked: Aug 12 at 6:37AM

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 Colliers - Norfolk, Virginia

Investment Insights

Based on property information with market context.

Summit Pointe is a $330 million mixed-use project featuring residential, office, and retail spaces, including restaurants and stores. It is located in Coastal Virginia, within the Greenbrier Central Business District and retail submarket. The surrounding area includes retail offerings, Class A office spaces, and regional corporate headquarters. The site provides access to interstate traffic via two nearby I-64 interchanges.

Key Highlights

  • Part of a $330M mixed‑use development.
  • Located in the heart of the Greenbrier Central Business District.
  • Features residential, office, and retail offerings.

Property Analytics

Current Use

Near Me Co Department Store THACKERS International Inc Big Box & Wholesale Store Dollar Tree Family ... Warehouse & Storage Dollar Tree Corporate ... Corporate Office Homestyle Select Snacks Corporate Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Veterinary Clinic Wine and Liquor Store Restaurant Pet Grooming 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,530
Businesses Nearby

Demographics for 23320, VA

60,412
Population
26,131
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
93%
High-School Grad
31.7 sq mi
ZIP Area
1,906
Density / Sq Mi
$81,736
Median Household Income
$49,403
Median Earnings
$1,654
Median Rent
$323,800
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use development with residential, office, and retail spaces available.
Where is this mixed-use property located?
The property is located at 500 Volvo Pkwy Chesapeake, VA.
What are key features of this property?
This property features: Part of a $330M mixed‑use development.; Located in the heart of the Greenbrier Central Business District.; Features residential, office, and retail offerings.
(757) 450-5198 Call to check price and availability
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