Retail, Office & Restaurant
For Lease
Contact for pricing
5161 Princess Anne Rd, Virginia Beach, VA 23462
Retail, office, and restaurant spaces available in Virginia Beach.
Space Size1,428 SF - 1,500 SF
Property Size17,948 SF
Days on Market2367
Property Features for 5161 Princess Anne Rd
General Information
Standard status
Active
Size
1,428 SF - 1,500 SF
Class
A
Property subtype
Retail, Office
Building Details
Building Size
17,948 SF
Year Built
2022
Tenancy
Multiple
Spaces For Lease
at 5161 Princess Anne Rd Contact us- Size
- 1,500 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite 142
- Size
- 1,428 SF
- Type
- Retail
- Availability
- Active
1st Fl-Ste Bldg 1
Listing Agency:
Parker Burnell Real Estate Group
(757) 222-0111
Listed By:
Jay Burnell · License #0225051316
Source:
Crexi
Added: Mar 9, 2020
Changed: Aug 8
Last Checked: Aug 30 at 9:09PM
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.
Available for lease are spaces ranging from approximately 1,428 to 1,500 square feet, including a former restaurant space. The property consists of two buildings accommodating retail, office, and restaurant tenants. Current tenants include Starbucks, Gran Patron Mexican Restaurant, Yomi Japanese Hibachi & Sushi, Onward Physical Therapy, Vogue Lashes & Spa, and Children’s Dentistry & Orthodontics. The location benefits from high population density, favorable average household income, and a significant number of households within a 1 to 5-mile radius. The property offers excellent visibility and multiple access points along Witchduck Road and Princess Anne Road, with traffic counts of approximately 30,000 vehicles per day at the intersection. It is situated less than a quarter mile from I-264.
Key Highlights
- High traffic location with 30,000 vehicles per day.
- Excellent visibility and multiple access points.
- Located less than 1/4 mile from I‑264.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
80k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Groceries 32%
Shops & Services 29%
Home Improvements & Furnishings 5%
Food Lion Grocery Store
Groceries
25,576 visits/mo
0.4 miles
Starbucks
Dining
24,044 visits/mo
0.1 miles
7-Eleven
Shops & Services
15,590 visits/mo
0.5 miles
Kempsville's Ace Hardware
Home Improvements & Furnishings
4,126 visits/mo
0.1 miles
Dollar General
Shops & Services
3,894 visits/mo
0.5 miles
Demographics for 23462, VA
68,045
Population
29,729
Households
2.3
Avg Household Size
34
Median Age
31%
College-Educated
94%
High-School Grad
11.0 sq mi
ZIP Area
6,186
Density / Sq Mi
$69,680
Median Household Income
$43,613
Median Earnings
$1,652
Median Rent
$269,400
Median Home Value
Market
Lease Benchmarks for Virginia Beach, VA
$17.75 /SF/Yr
Avg Asking Price
$12–$20 /SF/Yr
Price Range
4,069 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail, office, and restaurant spaces available in Virginia Beach.
Where is this retail space located?
The property is located at 5161 Princess Anne Rd Virginia Beach, VA.
What are key features of this property?
This property features: High traffic location with 30,000 vehicles per day.; Excellent visibility and multiple access points.; Located less than 1/4 mile from I‑264.
