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    5129 Virginia Beach Blvd Virginia Beach, VA 23462

    Sponsored
    For Lease
    Contact for pricing

    High-visibility retail space, 7,560 sq ft.

    Lot size:
    35,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail or restaurant opportunity is located at 5129 Virginia Beach Boulevard in Virginia Beach, Virginia, zip code 23462. The property boasts a total of 35,860 square feet, with a single suite currently available, offering a minimum of 7,560 square feet. The flexible space is ideal for a variety of commercial uses. This prime location offers excellent visibility on a busy thoroughfare, just west of the Virginia Beach Town Center. The property benefits from its proximity to established and successful businesses, including Haynes Furniture, Walmart, Wegman's, and Restaurant Depot, ensuring high foot traffic and brand recognition. The suite's size is adaptable, potentially accommodating expansion needs. The county is Virginia Beach city. This is a multi-tenant building, offering a vibrant and dynamic commercial environment. The address is easily accessible and well-suited for attracting a diverse customer base. The available space presents a unique chance to establish or expand a business in a thriving commercial area. The property is situated at 36.8456827 latitude and -76.158357 longitude.

    Property Features for 5129 Virginia Beach Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,860 SF

    Unit(s) available at that property

    Space
    Suite B
    Size
    7,560 SF

    HighLights

    • High visibility on Virginia Beach Blvd.
    • Excellent location near major furniture retailers (Ashley, Grand, Haverty's).
    • High traffic count (33,000 VPD) on Virginia Beach Blvd, with I‑264 proximity.
    • Situated in the Furniture Row retail corridor.
    • Convenient access from Virginia Beach Blvd and Witchduck Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grand Furniture Outlet Furniture Store Ashley Outlet Mattress Store Credit Repair Virginia ... Credit Reporting Agency

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -76.158357
    Latitude
    36.8456827

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    FAQs

    What type of property is this?
    Restaurant - High-visibility retail space, 7,560 sq ft.
    Where is this restaurant located?
    The property is located at 5129 Virginia Beach Blvd Virginia Beach, VA.
    What are key features of this property?
    This property features: High visibility on Virginia Beach Blvd.; Excellent location near major furniture retailers (Ashley, Grand, Haverty's).; High traffic count (33,000 VPD) on Virginia Beach Blvd, with I-264 proximity.
    Request Owner's contact information
    5129 Virginia Beach Blvd Virginia Beach, VA 23462
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    Virginia Beach, VA 23462
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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
    5129 Virginia Beach Blvd Virginia Beach, VA 23462
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