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New Retail/Office Building Available
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1988 Fisher Arch, Virginia Beach, VA 23456

New construction retail/office space in thriving Virginia Beach trade area.

Space Size21,600 SF
Days on Market865

Property Features for 1988 Fisher Arch

General Information

Standard status Active
Size 21,600 SF
Property subtype OFFICE

Spaces For Lease

at 1988 Fisher Arch
1988 Fisher Arch AVAILABLE, Completion
Floor 1
Size 21,600 SF
Type OFFICE
Rate Contact for pricing
Sublease No
Contact us
Listing Agency: Parker Burnell Real Estate Group
Listed By: Troy Parker · License #0225036218
Source: Moodyscre
Added: Jun 3, 2024 Changed: Oct 6 Last Checked: Oct 15 at 12:53AM

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 Parker Burnell Real Estate Group

Investment Insights

Based on property information with market context.

New construction retail/office building with spaces available ranging from approximately 1,200 to 21,600 square feet. The property is situated in the Red Mill trade area of Virginia Beach, next to Tractor Supply, Anderson’s Garden Center, and Food Lion. It benefits from its location near the Lago Mar, Sandbridge, Ashville Park, and Red Mill residential neighborhoods. The location offers traffic counts of 14,000 vehicles per day along Princess Anne Road and Sandbridge Road. Monument signage provides visibility along Fisher Arch. The property is located in an area with favorable demographics.

Key Highlights

  • New construction retail/office building completed in 2024
  • Located in the thriving Red Mill trade area
  • High traffic counts of 14,000 vehicles per day

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Building Supply Dental Office Pharmacy Garden Center

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

77
Businesses Nearby

Demographics for 23456, VA

59,454
Population
22,071
Households
2.7
Avg Household Size
39
Median Age
46%
College-Educated
95%
High-School Grad
50.1 sq mi
ZIP Area
1,187
Density / Sq Mi
$128,403
Median Household Income
$58,827
Median Earnings
$1,928
Median Rent
$455,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Virginia Beach, VA

$17.17 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
5,042 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - New construction retail/office space in thriving Virginia Beach trade area.
Where is this retail space located?
The property is located at 1988 Fisher Arch Virginia Beach, VA.
What are key features of this property?
This property features: New construction retail/office building completed in 2024; Located in the thriving Red Mill trade area; High traffic counts of 14,000 vehicles per day
(757) 222-0111 Call to check price and availability
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