For Lease
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

1169 Nimmo Pkwy Virginia Beach, VA 23456

Sponsored
For Lease
$25 SF/Yr

Prime Retail Center, Virginia Beach

Lot size:
370,456 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
Red Mill Commons & Walk, a 370,456 square foot regional power center in Virginia Beach's Red Mill submarket, presents a unique investment opportunity. This well-maintained, established shopping center boasts 91 suites, with 16,296 square feet currently vacant, divisible to a minimum of 1,000 square feet and up to 30,000 contiguous square feet. Anchored by Walmart, Target, and Home Depot, and featuring junior anchors including TJ Maxx, Michaels, Five Below, Dollar Tree, and HomeGoods, the center benefits from a strong tenant mix that includes popular dining establishments like Blue Seafood, Only at Renee's, Tida Thai, and Flip Flops Bar & Grill, as well as fitness centers such as Cyclebar, Burn Boot Camp, and Fat Frogs Bicycles. Situated on 100 acres of commercially zoned land and built in 2001, the property enjoys a prime location near major employers such as Oceana Naval Air Station, Virginia Beach Municipal Center, Camp Pendleton, and Corporate Landing Office Park. The center also benefits from its proximity to Sandbridge Beaches, attracting over one million tourists annually. The surrounding area features an affluent community with average household incomes exceeding $100,000, a dense residential population, and numerous area schools, creating a robust and stable market. Cross Street is Upton Dr. This is an exceptional opportunity to acquire a thriving retail property in a high-demand location.

Property Features for 1169 Nimmo Pkwy

General Information

Property type
Individual retail properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
370,456 SF
Total Rate
771783.33

Building Details

Year Built
2001

Unit(s) available at that property

Space
Former Karate Studio
Size
1,600 SF
Rate per SF
$25
Space
Retail Space next to Rack Room Shoes
Size
2,150 SF
Rate per SF
$25
Space
Former Hair Salon
Size
1,600 SF
Space
Former Petco
Size
4,800 SF
Rate per SF
$25
Space
Former Rose & Womble
Size
1,600 SF
Space
Former Verizon Store
Size
2,700 SF
Rate per SF
$25

HighLights

  • Retail property totaling 370,456 square feet, situated on 100 acres.
  • Multiple tenancy with 91 suites, minimum divisible space of 1,000 square feet, and a maximum contiguous space of 30,000 square feet; 16,296 square feet currently vacant.
  • Located in the Red Mill submarket of Virginia Beach, near Upton Dr, with Commercial zoning. Built in 2001.
  • Anchored by Walmart, Target, and Home Depot, with junior anchors including TJ Maxx, Michaels, Five Below, Dollar Tree, and HomeGoods.
  • Serves an affluent community with average household incomes exceeding $100,000, a dense residential population, and numerous area schools, benefiting from high tourist traffic during peak seasons.
Property Profile Location Intelligence

Current Use by Public Records

Fringe Salon Beauty Salon KP NAILS & MORE Nail Salon Hair Cuttery Hair Salon Royal Nails Spa Nail Salon Five Guys Fast Food Restaurant

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Virginia Beach
County
Virginia Beach City
State
Virginia
Longitude
-76.01062
Latitude
36.760966

FAQs

What type of property is this?
Individual retail property - Prime Retail Center, Virginia Beach
Where is this individual retail property located?
The property is located at 1169 Nimmo Pkwy Virginia Beach, VA.
What is the lease rate?
The lease rate is $0.00-$25 SF/Yr.
What are key features of this property?
This property features: Retail property totaling 370,456 square feet, situated on 100 acres.; Multiple tenancy with 91 suites, minimum divisible space of 1,000 square feet, and a maximum contiguous space of 30,000 square feet; 16,296 square feet currently vacant.; Located in the Red Mill submarket of Virginia Beach, near Upton Dr, with Commercial zoning. Built in 2001.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message