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    717-741 Eden Way Chesapeake, VA 23320

    For Lease
    Contact for pricing

    Chesapeake, VA: Prime Retail/Restaurant Opportunity

    Lot size:
    388,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Towne Place at Greenbrier offers exceptional retail and restaurant space in the thriving Greenbrier submarket of Chesapeake, Virginia. This mixed-use development boasts a total of 388,000 square feet, including 215 apartments and a 119-room Hyatt Place hotel, ensuring high foot traffic and a built-in customer base. Three suites are currently available, ranging from a minimum of 1,274 square feet to a maximum contiguous space of 2,300 square feet. A total of 5,812 square feet of vacant space is currently available for lease. The property is strategically located at 717-741 Eden Way N, Chesapeake, VA 23320, providing convenient access to I-64. Its pedestrian-friendly design fosters a vibrant town center atmosphere, making it an ideal location for businesses seeking high visibility and accessibility. The development's retail and restaurant component totals 76,460 square feet, offering a diverse range of options for potential tenants. This prime location in Chesapeake city, within the Greenbrier submarket, presents a unique opportunity to establish or expand a business within a thriving community. The property's proximity to major roadways and its attractive design make it an excellent choice for businesses seeking a high-traffic location with strong potential for growth. The existing mix of residential and hotel components guarantees a consistent flow of potential customers.

    Property Features for 717-741 Eden Way

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    388,000 SF

    Unit(s) available at that property

    Space
    Suite 606
    Size
    2,300 SF
    Space
    Suite 402
    Size
    1,274 SF
    Space
    Suite 610
    Size
    2,238 SF

    HighLights

    • 2,238 SF of general restaurant space available.
    • Over 1 million people and 375,000 households within the immediate area.
    • Located in Greenbrier submarket, the #1 mixed‑use district in Hampton Roads.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake city
    State
    Virginia
    Longitude
    -76.2367322
    Latitude
    36.7720124

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    FAQs

    What type of property is this?
    Restaurant - Chesapeake, VA: Prime Retail/Restaurant Opportunity
    Where is this restaurant located?
    The property is located at 717-741 Eden Way Chesapeake, VA.
    What are key features of this property?
    This property features: 2,238 SF of general restaurant space available.; Over 1 million people and 375,000 households within the immediate area.; Located in Greenbrier submarket, the #1 mixed-use district in Hampton Roads.
    Request Owner's contact information
    717-741 Eden Way Chesapeake, VA 23320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    717-741 Eden Way Chesapeake, VA 23320
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