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    644 Grassfield Pkwy Chesapeake, VA 23322

    Sponsored
    For Lease
    Contact for pricing

    Chesapeake, VA retail space available

    Lot size:
    82,023 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Cahoon Commons, located at 644 Grassfield Pkwy in Chesapeake, VA (zip code 23322), offers a prime retail opportunity within a thriving Walmart-anchored development. This 82,023 square foot center features multiple suites, with 14,263 square feet currently vacant. Spaces range from a minimum of 2,702 square feet to a maximum contiguous space of 7,751 square feet, with five spaces currently available. The property sits on a 1.38-acre lot and includes a drive-thru option. Its strategic location provides easy access via the Veterans Memorial Bridge, connecting to major roadways including I-64, I-464, and the Chesapeake Expressway. Benefit from high visibility with over 30,000 vehicles passing daily on Dominion Boulevard. The center is conveniently located less than a mile from Tidewater Community College and Chesapeake Municipal, serving a high-growth area with strong household incomes and home values, and a significant daytime population. This presents a unique opportunity to establish or expand your business in a high-traffic, well-established retail center.

    Property Features for 644 Grassfield Pkwy

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    82,023 SF

    Unit(s) available at that property

    Space
    Outparcel B1(1.38 Acres)
    Size
    60,113 SF
    Space
    Suite 20 B
    Size
    3,810 SF
    Space
    Suite 19
    Size
    2,702 SF
    Space
    Suite 10A
    Size
    1,867 SF

    HighLights

    • 1,867 to 3,810 SF available in 82,023 SF Walmart‑anchored retail center in Chesapeake's Great Bridge submarket.
    • 1.38‑acre outparcel with drive‑thru available.
    • Excellent access via Veterans Memorial Bridge connecting to I‑64, I‑464, and the Chesapeake Expressway.
    • Over 30,000 vehicles per day on Dominion Boulevard.
    • Less than one mile from Tidewater Community College and Chesapeake Municipal government buildings.
    • High‑growth area with strong household incomes, high home values, and significant daytime population.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chesapeake Tae Kwon ... Taekwondo School Swartz Portraits Photography Studio Barbara Quackenbos, Long ... Real Estate Agent Copeland Queen School ... Dance School Sandy Lashbrook, Long ... Real Estate Agent

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -76.307540790325
    Latitude
    36.719742606437

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    FAQs

    What type of property is this?
    Individual retail property - Chesapeake, VA retail space available
    Where is this individual retail property located?
    The property is located at 644 Grassfield Pkwy Chesapeake, VA.
    What are key features of this property?
    This property features: 1,867 to 3,810 SF available in 82,023 SF Walmart-anchored retail center in Chesapeake's Great Bridge submarket.; 1.38-acre outparcel with drive-thru available.; Excellent access via Veterans Memorial Bridge connecting to I-64, I-464, and the Chesapeake Expressway.
    Request Owner's contact information
    644 Grassfield Pkwy Chesapeake, VA 23322
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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
    644 Grassfield Pkwy Chesapeake, VA 23322
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