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    1412 Greenbrier Pkwy Chesapeake, VA 23320

    Sponsored
    For Lease
    Contact for pricing

    Chesapeake, VA Power Center with High Traffic

    Lot size:
    371,735 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Crossways Shopping Center, located at 1412 Greenbrier Pkwy in Chesapeake, Virginia (zip code 23320), presents a unique opportunity for retailers seeking high-visibility space in a thriving power center. This 371,735 square foot center boasts a prime location at the intersection of Greenbrier Parkway, a high-traffic area with nearly 73,000 vehicles passing daily. Its strategic proximity to I-64 ensures exceptional accessibility. The center features a total of 1,550 parking spaces for ample customer convenience. Currently, there are five suites available, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 27,000 square feet. A total of 39,834 square feet is currently vacant, offering significant potential for expansion or new tenancy. The center is already home to major national anchors including TJ Maxx, DSW, Ross Dress for Less, and Ulta, creating a strong synergy and attracting a substantial customer base. This property offers excellent visibility and benefits from a high-density daytime population, making it an ideal location for businesses seeking significant exposure and strong sales potential in the Hampton Roads region. The Chesapeake County location provides access to a robust consumer market.

    Property Features for 1412 Greenbrier Pkwy

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    371,735 SF

    Unit(s) available at that property

    Space
    Suite A
    Size
    4,400 SF
    Space
    Suite B
    Size
    1,530 SF
    Space
    Suite F
    Size
    27,000 SF
    Space
    Suite E
    Size
    5,904 SF
    Space
    Suite C
    Size
    1,000 SF

    HighLights

    • 1,000‑27,000 SF of available space.
    • 1,550 parking spaces.
    • I‑264 frontage.
    • 72,681 VPD traffic count.
    Property Profile Location Intelligence

    Current Use by Public Records

    Panera Bread Caterer Kyoto Japanese Steakhouse ... Restaurant Kelly's Tavern American Restaurant Ruby Tuesday American Restaurant Winston's Cafe Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2308914
    Latitude
    36.7764544

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    FAQs

    What type of property is this?
    Power center - Chesapeake, VA Power Center with High Traffic
    Where is this power center located?
    The property is located at 1412 Greenbrier Pkwy Chesapeake, VA.
    What are key features of this property?
    This property features: 1,000-27,000 SF of available space.; 1,550 parking spaces.; I-264 frontage.
    Request Owner's contact information
    1412 Greenbrier Pkwy Chesapeake, VA 23320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1412 Greenbrier Pkwy Chesapeake, VA 23320
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