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Renovated Retail Space in Kempsville
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5394 Kemps River Dr, Virginia Beach, VA 23464

Renovated retail space in a high-traffic Virginia Beach location.

Space Size1,200 SF
Days on Market549

Property Features for 5394 Kemps River Dr

General Information

Standard status Active
Size 1,200 SF
Property subtype Retail
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 5394 Kemps River Dr Contact us

5312-101

Size
1,200 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

5386-105

Type
Retail
Availability
Active
Contact us

5386-106

Type
Retail
Availability
Active
Contact us
Listing Agency: Harvey Lindsay Commercial Real Estate
Listed By: Larry Hecht · License #VA
Source: Crexi
Added: Mar 4, 2025 Changed: Aug 22 Last Checked: Sep 2 at 7:28AM

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 Harvey Lindsay Commercial Real Estate

Investment Insights

Based on property information with market context.

This renovated retail space is situated within the KempsRiver Center, located on Kempsriver Drive, across from Kempsriver Crossing. The property is located in Kempsville, a densely populated area of Virginia Beach. The location is near a busy intersection with a combined traffic count of approximately 100,000 vehicles per day.

Key Highlights

  • High traffic location with approximately 100,000 vehicles per day.
  • Densely populated area in Kempsville, Virginia Beach.
  • Beautifully renovated property.**

Property Analytics

Current Use

Pet Supplies Plus ... (Bike/Boat/Book/etc) Store Famous Uncle Al's ... Restaurant Fit Realty Real Estate Agency Kempsriver Center Shopping Center & Mall Jersey Mike's Subs Take-out & Catering

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Auto Repair Shop Restaurant

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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby
340k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Shops & Services 27% Groceries 6% Beauty & Spa 2%
Chick-fil-A Dining
45,033 visits/mo 0.2 miles
Dollar Tree Shops & Services
30,996 visits/mo 0.1 miles
McDonald's Dining
20,534 visits/mo 0.2 miles
Aldi Groceries
18,959 visits/mo 0.5 miles
Outback Steakhouse Dining
18,625 visits/mo 0.3 miles

Demographics for 23464, VA

75,118
Population
29,267
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
94%
High-School Grad
16.7 sq mi
ZIP Area
4,498
Density / Sq Mi
$89,790
Median Household Income
$49,794
Median Earnings
$1,644
Median Rent
$339,300
Median Home Value

Market

Lease Benchmarks for Virginia Beach, VA

$17.75 /SF/Yr
Avg Asking Price
$12–$20 /SF/Yr
Price Range
4,661 SF
Avg Space Size

This space is priced 30% above the average of $17.75 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Renovated retail space in a high-traffic Virginia Beach location.
Where is this retail space located?
The property is located at 5394 Kemps River Dr Virginia Beach, VA.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: High traffic location with approximately 100,000 vehicles per day.; Densely populated area in Kempsville, Virginia Beach.; Beautifully renovated property.**
(757) 640-8700 Call to check price and availability
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