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    4300 Portsmouth Blvd Chesapeake, VA 23321

    Sponsored
    For Lease
    Contact for pricing

    Spacious suites, ample parking, high visibility.

    Lot size:
    185,322 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional executive office property, located at 4300 Portsmouth Blvd in Chesapeake, Virginia (zip code 23321), offers a total of 185,322 square feet of space across two suites. The property is situated on a generous 23.52-acre lot and boasts an impressive 1,084 parking spaces, ensuring ample convenience for tenants and their clients. Currently, there are 8,992 square feet of vacant space available, divisible into units ranging from a minimum of 3,200 square feet to a maximum contiguous space of 5,792 square feet. The building's versatile design caters to a variety of business needs, suitable for retail, office, or restaurant uses. Its prime location in Chesapeake, Virginia offers excellent visibility and accessibility, making it an ideal location for businesses seeking a prominent presence in the area. The property's multiple tenancy structure provides flexibility for businesses of varying sizes. This is a rare opportunity to secure high-quality office space in a desirable location with extensive parking and significant square footage options. Inquire today to learn more about leasing opportunities.

    Property Features for 4300 Portsmouth Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    185,322 SF

    Unit(s) available at that property

    Space
    Suite 220B
    Size
    5,792 SF
    Space
    Suite 248
    Size
    3,200 SF

    HighLights

    • 3,200 - 5,792 SF available for retail, office, or restaurant use.
    • Strong tenant mix with national retailers.
    • High‑traffic location on Portsmouth Blvd (30,300 VPD) near I‑664 (85,000 VPD).
    • Adjacent to Chesapeake Square Mall with planned redevelopment.
    • Surrounding area experiencing significant mixed‑use development with increased retail, medical, and residential properties.
    • Over 4,200 new residential units and 2,500 new employees within a 5‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aaditya Ajmani, OD Doctor Hair vamp Salon Hair Salon Smoke Shop Tobacco Shop Tabitha King, LMT Massage Therapist Harrell's Bodywork & Massage ... Massage Therapist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake City
    State
    Virginia
    Longitude
    -76.4214472
    Latitude
    36.8235393

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    FAQs

    What type of property is this?
    Restaurant - Spacious suites, ample parking, high visibility.
    Where is this restaurant located?
    The property is located at 4300 Portsmouth Blvd Chesapeake, VA.
    What are key features of this property?
    This property features: 3,200 - 5,792 SF available for retail, office, or restaurant use.; Strong tenant mix with national retailers.; High-traffic location on Portsmouth Blvd (30,300 VPD) near I-664 (85,000 VPD).
    Request Owner's contact information
    4300 Portsmouth Blvd Chesapeake, VA 23321
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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
    4300 Portsmouth Blvd Chesapeake, VA 23321
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