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Storefront Opportunity Near Lynnhaven Green
For Lease
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1505 Lynnhaven Pkwy, Virginia Beach, VA 23453

Storefront property near schools and rooftops for rent.

Space Size8,450 SF
Property Size33,688 SF
Days on Market902

Property Features for 1505 Lynnhaven Pkwy

General Information

Standard status Active
Size 8,450 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 33,688 SF
Year Built 1982
Tenancy Multiple

Spaces For Lease

at 1505 Lynnhaven Pkwy Contact us

Unit 1355

Size
8,450 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Divaris Real Estate Inc
Listed By: Ashley Beck · License #VA
Source: Crexi
Added: Mar 11, 2024 Changed: Aug 26 Last Checked: Aug 29 at 8:28AM

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 Divaris Real Estate Inc

Investment Insights

Based on property information with market context.

This storefront property is located at the intersection of Rosemont Road and Lynnhaven Parkway. The location near Lynnhaven Green is in proximity to numerous rooftops and elementary schools.

Key Highlights

  • Located at the intersection of Rosemont Rd. & Lynnhaven Pkwy.
  • Suitable for storefront use.
  • Lynnhaven Green location.

Property Analytics

Current Use

Farmers International Foods Grocery & Convenience Store Dollar General Discount Store La Fuente Azteca ... Restaurant Western Union Bank China Wok Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Kitchen & Bath Showroom Computer & Electronic Repair (Bike/Boat/Book/etc) 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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby
81k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 87% Dining 11% Electronics 1%
Wawa Shops & Services
45,612 visits/mo 0.2 miles
7-Eleven Shops & Services
10,732 visits/mo 0.5 miles
Waffle House Dining
8,270 visits/mo 0.1 miles
Dollar General Shops & Services
4,444 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
3,744 visits/mo 0.1 miles

Demographics for 23453, VA

36,292
Population
13,056
Households
2.8
Avg Household Size
35
Median Age
33%
College-Educated
94%
High-School Grad
9.1 sq mi
ZIP Area
3,988
Density / Sq Mi
$90,680
Median Household Income
$48,138
Median Earnings
$1,723
Median Rent
$322,100
Median Home Value

Market

Lease Benchmarks for Virginia Beach, VA

$24.78 /SF/Yr
Avg Asking Price
$12–$36.91 /SF/Yr
Price Range
3,559 SF
Avg Space Size

This space is priced 44% below the average of $24.78 /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?
Storefront property - Storefront property near schools and rooftops for rent.
Where is this storefront property located?
The property is located at 1505 Lynnhaven Pkwy Virginia Beach, VA.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Located at the intersection of Rosemont Rd. & Lynnhaven Pkwy.; Suitable for storefront use.; Lynnhaven Green location.
More about this property
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