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Retail Space in Kempsville Area
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4700-4736 Princess Anne Road, Virginia Beach, VA 23462

Retail spaces available in the Kempsville area of Virginia Beach.

Space Size1,500 SF
Property Size32,160 SF
Days on Market1896

Property Features for 4700-4736 Princess Anne Road

General Information

Standard status Active
Size 1,500 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 32,160 SF
Tenancy Multiple

Spaces For Lease

at 4700-4736 Princess Anne Road Contact us

Suite 4720

Size
1,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 4722

Size
1,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Divaris Real Estate Inc
Listed By: Elizabeth C. Paasch · License #VA
Source: Crexi
Added: Jun 25, 2021 Changed: Aug 15 Last Checked: Sep 1 at 4:22PM

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 Divaris Real Estate Inc

Investment Insights

Based on property information with market context.

Larkspur Square is a retail center located at the corner of Princess Anne Road and Edwin Drive, within minutes of Virginia Beach Town Center. The property is situated in the densely populated Kempsville area of Virginia Beach. Current tenants include Allure Salon & Spa and Yama Sushi.

Key Highlights

  • Prime location in the heart of the densely populated Kempsville area of Virginia Beach.
  • Located at the high‑traffic corner of Princess Anne Rd. and Edwin Drive.
  • Minutes from Virginia Beach Town Center.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Auto Repair Shop Restaurant Building Supply

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
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 82% Dining 18%
7-Eleven Shops & Services
6,052 visits/mo 0.5 miles
Advance Auto Parts Shops & Services
5,574 visits/mo 0.4 miles
Rib City Dining
2,535 visits/mo 0.4 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
4,661 SF
Avg Space Size

This space is priced 7% above the average of $17.75 /SF/Yr.

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 spaces available in the Kempsville area of Virginia Beach.
Where is this retail space located?
The property is located at 4700-4736 Princess Anne Road Virginia Beach, VA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of the densely populated Kempsville area of Virginia Beach.; Located at the high‑traffic corner of Princess Anne Rd. and Edwin Drive.; Minutes from Virginia Beach Town Center.
(804) 643-4700 Call to check price and availability
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