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    2476 Nimmo Pkwy Virginia Beach, VA 23456

    For Lease
    Contact for pricing

    Prime Virginia Beach retail space available.

    Lot size:
    102,119 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Courthouse Marketplace, located at 2476 Nimmo Pkwy in Virginia Beach, VA 23456, offers exceptional retail and restaurant opportunities. This thriving marketplace boasts a total of 102,119 square feet of commercial space, anchored by a Harris Teeter grocery store. Currently, there are multiple spaces available for lease, with a minimum divisible space of 2,982 square feet and a maximum contiguous space of 7,841 square feet. A total of 10,823 square feet is currently vacant and ready for immediate occupancy. The property's strategic location directly across from the Virginia Beach Municipal Center and Courthouse Complex ensures high visibility and significant foot traffic. This prime location in Virginia Beach County offers unparalleled access to a dense population base and a strong local economy. The flexible space options cater to a variety of business needs, making Courthouse Marketplace an ideal location for both established businesses and new ventures seeking a vibrant and convenient location. Interested parties are encouraged to inquire about available space and lease terms. This is a unique opportunity to establish a presence in a high-traffic, well-established commercial center.

    Property Features for 2476 Nimmo Pkwy

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    102,119 SF

    Unit(s) available at that property

    Space
    Suite 109
    Size
    7,841 SF
    Space
    Space 104
    Size
    2,982 SF

    HighLights

    • Harris Teeter‑anchored retail center in Virginia Beach, VA.
    • Strong tenant mix including The UPS Store, Great Clips, Wendy's, and others.
    • High‑traffic location across from Virginia Beach Municipal Center and Courthouse, near new senior living facility.
    • Dense population (42,000+) within a 3‑mile radius, with high average household income ($116,200+).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    United Atlantic Mortgage Mortgage Lender El Azteca Mexican ... Mexican Restaurant East Wok Asian Restaurant Michael Anthony Robusto Attorney Harris Teeter Grocery Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach
    State
    Virginia
    Longitude
    -76.0652005
    Latitude
    36.7548781

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    FAQs

    What type of property is this?
    Restaurant - Prime Virginia Beach retail space available.
    Where is this restaurant located?
    The property is located at 2476 Nimmo Pkwy Virginia Beach, VA.
    What are key features of this property?
    This property features: Harris Teeter-anchored retail center in Virginia Beach, VA.; Strong tenant mix including The UPS Store, Great Clips, Wendy's, and others.; High-traffic location across from Virginia Beach Municipal Center and Courthouse, near new senior living facility.
    Request Owner's contact information
    2476 Nimmo Pkwy Virginia Beach, VA 23456
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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
    2476 Nimmo Pkwy Virginia Beach, VA 23456
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