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Virginia Beach Retail Center
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2720 N Mall Dr, Virginia Beach, VA 23452

173,191 SF retail center in established commercial district.

Space Size800 SF - 5,575 SF
Days on Market1238

Property Features for 2720 N Mall Dr

General Information

Standard status Active
Size 800 SF - 5,575 SF
Property subtype Retail

Building Details

Tenancy Multiple

Spaces For Lease

at 2720 N Mall Dr Contact us

Suite 2720-188

Size
2,500 SF
Type
Retail
Availability
Active
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Suite 2720-200

Size
5,000 SF
Type
Retail
Availability
Active
Contact us

Suite 2728-108

Size
800 SF
Type
Retail
Availability
Active
Contact us

2728-111

Size
5,575 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Mishorim Gold Properties
Listed By: Keren Gold · License #FLBO
Source: Crexi
Added: Mar 24, 2023 Changed: Aug 8 Last Checked: Aug 12 at 1:59PM

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 Mishorim Gold Properties

Investment Insights

Based on property information with market context.

Lynnhaven North Shopping Center is a 173,191 square foot retail center anchored by a big box store. It is located within one of Virginia Beach’s most active and established commercial districts, immediately adjacent to Lynnhaven Mall, a 1.17 million square foot shopping destination. The property benefits from visibility, shared consumer traffic, and proximity to major retailers. The center features a mix of national and regional retailers, including The Tile Shop, Dollar Tree, Goodwill of Central and Coastal Virginia, Rainbow, and Plato’s Closet. This tenant mix supports daily activity and provides retail and service offerings to the surrounding community. Lynnhaven North serves a densely populated trade area with more than 243,000 residents within a five-mile radius and average household incomes above $84,000. The surrounding area includes more than 243,500 employees and benefits from tourism demand. Virginia Beach attracts more than 19 million visitors annually, generating over 2.45 billion dollars in tourism spending. The property offers accessibility, located less than 1.5 miles from the I-264 Hampton Roads Connector and approximately 6.5 miles between the Virginia Beach oceanfront and Town Center. It also benefits from frontage near Lynnhaven Parkway with 47,000 vehicles per day. The surrounding area is built out and geographically constrained, creating barriers to entry for new retail development. Recent capital improvements have enhanced the center’s curb appeal and functionality. With co-tenancy, high traffic volumes, and a position within Virginia Beach’s retail district, Lynnhaven North Shopping Center serves as a retail hub for residents and visitors.

Key Highlights

  • Premier location adjacent to the top‑performing Lynnhaven Mall.
  • High traffic & visibility on Lynnhaven Parkway (47,000 VPD) with easy access to I‑264.
  • Strong demographics: Over 243,000 residents within a five‑mile radius.

Property Analytics

Current Use

Plato's Closet Discount Store Legacy Sports Barbershop Barber Shop Jazzercise Lynnhaven Fitness ... Gym & Fitness Center Music Go Round ... Discount Store Book Exchange - Lynnhaven (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Hair Salon Skin Care Clinic Hotel & Motel Spa & Massage Center Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

1,779
Businesses Nearby
652k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Apparel 29% Superstores 15% Leisure 12%
Walmart Superstores
98,691 visits/mo 0.3 miles
AMC Lynnhaven 18 Leisure
75,439 visits/mo 0.3 miles
Macy's Apparel
69,264 visits/mo 0.2 miles
Dillard's Apparel
41,618 visits/mo 0.4 miles
JCPenney Apparel
40,472 visits/mo 0.4 miles

Demographics for 23452, VA

59,076
Population
23,455
Households
2.5
Avg Household Size
37
Median Age
35%
College-Educated
95%
High-School Grad
15.1 sq mi
ZIP Area
3,912
Density / Sq Mi
$77,327
Median Household Income
$44,009
Median Earnings
$1,571
Median Rent
$324,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - 173,191 SF retail center in established commercial district.
Where is this shopping center located?
The property is located at 2720 N Mall Dr Virginia Beach, VA.
What are key features of this property?
This property features: Premier location adjacent to the top‑performing Lynnhaven Mall.; High traffic & visibility on Lynnhaven Parkway (47,000 VPD) with easy access to I‑264.; Strong demographics: Over 243,000 residents within a five‑mile radius.
(407) 636-1266 Call to check price and availability
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