Shopping Center Outparcel Retail
For Lease
Contact for pricing
5705 Lynnhaven Pkwy, Virginia Beach, VA 23464
High-visibility outparcel retail space with clear signage at the front and back of each suite plus pylon signs at entrances.
Property Size1,276 SF
Lot Size1.00 Acre
Days on Market381
Property Features for 5705 Lynnhaven Pkwy
General Information
Standard status
Active
Size
1,276 SF
Lot size
1.00 Acre
Property subtype
RETAIL
Lease Type
SF/yr
Additional Details
Space Use
Retail
Amenities
suite signage
pylon signage
Building Details
Tenancy
Multi
Listing Agency:
Colliers | Norfolk
(757) 213-8110
Listed By:
Tyler Brooks · License #VIRGINIA0225202191
Source:
Moodyscre
Added: Jul 15, 2025
Changed: Jul 30
Last Checked: Jul 30 at 1:54AM
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
Investment Insights
Based on property information with market context.
This shopping center outparcel offers retail leasing opportunity on a 1 acre site, with up to 10,500 SF of lease space available. The retail component is linked to a 226-unit apartment complex, supporting consistent customer draw for neighborhood shopping needs.
The property is positioned for visibility at the intersection of Lynnhaven Parkway and Centerville Turnpike. Suite-level signage is a key feature, with clear signage located at the front and back of each suite. Additional pylon signs are provided at entrances to improve wayfinding and roadside recognition.
With prominent intersection exposure and dedicated suite and monument signage, this configuration is designed to help retail tenants establish brand presence and customer access directly from the main frontage.
The property is positioned for visibility at the intersection of Lynnhaven Parkway and Centerville Turnpike. Suite-level signage is a key feature, with clear signage located at the front and back of each suite. Additional pylon signs are provided at entrances to improve wayfinding and roadside recognition.
With prominent intersection exposure and dedicated suite and monument signage, this configuration is designed to help retail tenants establish brand presence and customer access directly from the main frontage.
Key Highlights
- 1 acre outparcel for retail leasing
- Up to 10,500 SF lease space available
- Visibility at the intersection of Lynnhaven Parkway and Centerville Turnpike
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Royal Farms
Shops & Services
22,449 visits/mo
0.1 miles
Demographics for 23464, VA
75,118
Population
29,267
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
94%
High-School Grad
16.7 sq mi
ZIP Area
4,498
Density / Sq Mi
$89,790
Median Household Income
$49,794
Median Earnings
$1,644
Median Rent
$339,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - High-visibility outparcel retail space with clear signage at the front and back of each suite plus pylon signs at entrances.
Where is this shopping center located?
The property is located at 5705 Lynnhaven Pkwy Virginia Beach, VA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 1 acre outparcel for retail leasing; Up to 10,500 SF lease space available; Visibility at the intersection of Lynnhaven Parkway and Centerville Turnpike