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Retail Space in Red Mill
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2293 Upton Dr, Virginia Beach, VA 23454

Retail building with drive-thru in a growing trade area.

Space Size14,301 SF
Days on Market1040

Property Features for 2293 Upton Dr

General Information

Standard status Active
Size 14,301 SF
Property subtype Retail

Building Details

Building Size 14,301 SF
Tenancy Single

Spaces For Lease

at 2293 Upton Dr Contact us

Space 1

Size
14,301 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Parker Burnell Real Estate Group
Listed By: Troy Parker · License #0225036218
Source: Crexi
Added: Oct 31, 2023 Changed: Sep 4 Last Checked: Sep 3 at 11:06AM

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.

This is a freestanding retail building offering units starting at approximately 1,544 square feet. The total building size is approximately 14,738 square feet. It features a drive-thru and is located along the signalized intersection of Upton Drive and Princess Anne Road. The property is situated within a Target-anchored community center in the growing Red Mill trade area, across from Sandbridge Commons, a Harris Teeter-anchored neighborhood center. It benefits from traffic counts of 19,936 vehicles per day along Upton Drive and 16,432 vehicles per day along Princess Anne Road. The location offers monument signage with excellent visibility at the signalized intersection. The area features strong household incomes and residential growth.

Key Highlights

  • Freestanding retail building with drive‑thru.
  • Located within a Target‑anchored community center in the Red Mill trade area.
  • High traffic counts at a signalized intersection.

Property Analytics

Current Use

Rite Aid Pharmacy James Baccellieri Pharmacy Christine Cronin Pharmacy Amy Rodriguez Pharmacy Amazon Hub Locker ... Postal Service

Suggested Use

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

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

517
Businesses Nearby
300k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 24% Shops & Services 23% Superstores 21% Groceries 20%
Target Superstores
64,332 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
38,240 visits/mo 0.4 miles
Harris Teeter Groceries
29,901 visits/mo 0.1 miles
Dollar Tree Shops & Services
21,629 visits/mo 0.5 miles
Food Lion Grocery Store Groceries
20,468 visits/mo 0.2 miles

Demographics for 23454, VA

58,665
Population
24,253
Households
2.4
Avg Household Size
38
Median Age
43%
College-Educated
94%
High-School Grad
22.5 sq mi
ZIP Area
2,607
Density / Sq Mi
$97,835
Median Household Income
$48,961
Median Earnings
$1,600
Median Rent
$401,900
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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building with drive-thru in a growing trade area.
Where is this retail space located?
The property is located at 2293 Upton Dr Virginia Beach, VA.
What are key features of this property?
This property features: Freestanding retail building with drive‑thru.; Located within a Target‑anchored community center in the Red Mill trade area.; High traffic counts at a signalized intersection.
(757) 407-9499 Call to check price and availability
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