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Retail Space in Kempsville Area
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5347 Lila Ln, Virginia Beach, VA

Neighborhood shopping center in the Kempsville trade area.

Property Size800 SF
Lot Size1.21 Acres
Days on Market913

Property Features for 5347 Lila Ln

General Information

Standard status Active
Size 800 SF
Lot size 1.21 Acres
Property subtype RETAIL
Listing Agency: Bucklew Properties Commercial Real Estate
Listed By: Eric Bucklew · License #0225031087
Source: Moodyscre
Added: Jan 30, 2024 Changed: Jul 6 Last Checked: Jul 21 at 4:07AM

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.

This property is a retail space located within a 14,000 square foot neighborhood shopping center. The center is situated in the Kempsville trade area of Virginia Beach, near the intersection of Indian River and Kempsville Roads. Its location is one mile east of I-64 and Regent University, directly across from the retail area at Kemps River and Fordham Drive. The property offers 800 square feet of space. Nearby tenants include Chick-fil-a, Walgreens, Starbucks, Cinema Café, IHOP, Take 5 Oil Change, BB&T, and Bank of America, along with numerous other national retailers.

Key Highlights

  • Prime location in the high‑traffic Kempsville trade area of Virginia Beach.
  • High visibility location near the intersection of Indian River and Kempsville Roads, one mile east of I‑64 and Regent University.
  • Located directly across from retail at Kemps River and Fordham Drive.

Property Analytics

Current Use

Lina's Cuts Salon Hair Salon Anointed Touch Hair ... Hair Salon Rivera's Barber Shop Barber Shop Shoppes At Lake James Shopping Center & Mall JAM Cafe Restaurant

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Restaurant Auto Repair Shop

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

757
Businesses Nearby
351k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Shops & Services 27% Groceries 5% Beauty & Spa 2%
Chick-fil-A Dining
45,033 visits/mo 0.1 miles
Dollar Tree Shops & Services
30,996 visits/mo 0.2 miles
McDonald's Dining
20,534 visits/mo 0.1 miles
Aldi Groceries
18,959 visits/mo 0.3 miles
Outback Steakhouse Dining
18,625 visits/mo 0.2 miles

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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Frequently Asked Questions

What type of property is this?
Strip mall - Neighborhood shopping center in the Kempsville trade area.
Where is this strip mall located?
The property is located at 5347 Lila Ln Virginia Beach, VA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Prime location in the high‑traffic Kempsville trade area of Virginia Beach.; High visibility location near the intersection of Indian River and Kempsville Roads, one mile east of I‑64 and Regent University.; Located directly across from retail at Kemps River and Fordham Drive.
(757) 404-0162 Call to check price and availability
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