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Retail Space in Kempsville
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5300 Kemps River Dr, Virginia Beach, VA 23464

Retail space available in a busy shopping area.

Space Size2,400 SF - 2,900 SF
Property Size25,929 SF
Days on Market548

Property Features for 5300 Kemps River Dr

General Information

Standard status Active
Size 2,400 SF - 2,900 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 25,929 SF
Tenancy Multiple

Spaces For Lease

at 5300 Kemps River Dr Contact us

100

Size
2,400 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

120

Size
2,900 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Harvey Lindsay Commercial Real Estate
Listed By: Bob Saunders · License #VA 0225023733
Source: Crexi
Added: Mar 4, 2025 Changed: Aug 25 Last Checked: Aug 28 at 6:53PM

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 Harvey Lindsay Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at the northeast corner of Kempsville and Kempsriver Drive, this retail space is situated within a retail area anchored by Kempsriver Crossing and Fairfield Shopping Center. The surrounding area includes Harris Teeter, Kroger, Food Lion, Walgreens, casual dining establishments, and fast food restaurants.

Key Highlights

  • Prime retail location at the NEC of Kempsville and Kempsriver.
  • Situated in a retail hub dominated by Kempsriver Crossing and Fairfield SC.
  • Surrounded by major grocery stores including Harris Teeter, Kroger and Food Lion.

Property Analytics

Current Use

Chanello's Pizza #7 ... Restaurant Epic Barber and Salon Barber Shop KCH Consulting llc Consultant Greenies Golf Clothing Store Phở VIET 1 Restaurant

Suggested Use

Top Pick Law Firm Building Supply Auto Parts Store Electrical Service Garden Center Tech Support Center

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby
308k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 69% Shops & Services 27% Beauty & Spa 3% Apparel 1%
Chick-fil-A Dining
45,033 visits/mo 0.4 miles
Dollar Tree Shops & Services
30,996 visits/mo 0.3 miles
McDonald's Dining
20,534 visits/mo 0.4 miles
Outback Steakhouse Dining
18,625 visits/mo 0.2 miles
Starbucks Dining
17,509 visits/mo 0.3 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

Lease Benchmarks for Virginia Beach, VA

$17.75 /SF/Yr
Avg Asking Price
$12–$20 /SF/Yr
Price Range
4,661 SF
Avg Space Size

This space is priced 10% below the average of $17.75 /SF/Yr.

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?
Retail space - Retail space available in a busy shopping area.
Where is this retail space located?
The property is located at 5300 Kemps River Dr Virginia Beach, VA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Prime retail location at the NEC of Kempsville and Kempsriver.; Situated in a retail hub dominated by Kempsriver Crossing and Fairfield SC.; Surrounded by major grocery stores including Harris Teeter, Kroger and Food Lion.
More about this property
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