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    5386 Kempsriver Dr Virginia Beach, VA 23464

    For Lease
    Contact for pricing

    Prime Retail Space, 2377 sq ft

    Lot size:
    2,377 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail space, located at 5386 Kemps River Dr in Virginia Beach, VA 23464, presents a unique investment opportunity. The property boasts a generous 2,377 square feet of single-tenant space, perfectly suited for a variety of uses, currently configured as a hot yoga studio. Its convenient location in Virginia Beach offers excellent visibility and accessibility for customers. The building is situated at 36.8014747 latitude and -76.1784901 longitude. The property type is classified as retail, offering a versatile platform for a range of businesses. The single-tenant occupancy ensures ease of management and streamlined operations. This presents a chance to acquire a well-situated property in a thriving Virginia Beach market. The property's size and layout provide ample space for a variety of business configurations, allowing for customization to meet specific operational needs. The existing setup as a yoga studio could be easily adapted or repurposed to suit a new tenant's requirements. This is an ideal opportunity for an investor seeking a strong foothold in the vibrant Virginia Beach retail market. The property's location offers easy access to major roadways and a diverse customer base. Serious inquiries are encouraged to explore the potential of this remarkable retail space. Further details are available upon request.

    Property Features for 5386 Kempsriver Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,377 SF

    Unit(s) available at that property

    Space
    Suite 103-104
    Size
    2,377 SF

    HighLights

    • 2,377 SF turnkey studio space with installed hot yoga equipment.
    • Excellent location in the densely populated Kempsville submarket.
    • Strong co‑tenancy including Beach Eye Care, Red Ribbon Bakeshop, Planet Fitness, Pet Supplies Plus, Panera Bread, and Chipotle.
    • Surrounded by a variety of complementary retail, service, and restaurant businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    GamerBus and GameOn Gaming ... Video Arcade Glenn Allen Coffin Optometrist Glenn Coffin Optometrist Dr. Jason Alvarez Ophthalmologist Steven Rowland Wilkins Optometrist

    Suggested Use

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

    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
    -76.1784901
    Latitude
    36.8014747

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, 2377 sq ft
    Where is this retail property located?
    The property is located at 5386 Kempsriver Dr Virginia Beach, VA.
    What are key features of this property?
    This property features: 2,377 SF turnkey studio space with installed hot yoga equipment.; Excellent location in the densely populated Kempsville submarket.; Strong co-tenancy including Beach Eye Care, Red Ribbon Bakeshop, Planet Fitness, Pet Supplies Plus, Panera Bread, and Chipotle.
    Request Owner's contact information
    5386 Kempsriver Dr Virginia Beach, VA 23464
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    Virginia Beach, VA 23464
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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
    5386 Kempsriver Dr Virginia Beach, VA 23464
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