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    1115 Independence Blvd Virginia Beach, VA 23455

    Sponsored
    For Lease
    Contact for pricing

    Virginia Beach Retail & Office Opportunity: 1,200 SF Available

    Lot size:
    56,655 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Independent Plaza Shopping Center, located at 1115 Independence Blvd in Virginia Beach, VA 23455, presents a unique investment opportunity. This two-story building offers a blend of street-level retail space and second-floor executive office space, totaling 56,655 square feet. Currently, there is one suite available, encompassing 1,200 square feet, ideal for a variety of businesses. The property's multi-tenant configuration provides flexibility and potential for diverse income streams. Situated in Virginia Beach, within the convenient and accessible Independence Boulevard area, this property benefits from high visibility and strong foot traffic. The building's design caters to both retail and office needs, making it suitable for a range of businesses seeking a prominent location. The property's location in Virginia Beach County offers access to a thriving local economy and a diverse customer base. With its strategic location and versatile space, Independent Plaza Shopping Center is an attractive option for businesses seeking a well-established presence in a dynamic market. The available 1,200 square feet presents an excellent chance to establish or expand a business within a well-maintained and established shopping center. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 1115 Independence Blvd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,655 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Suite 102
    Size
    1,200 SF

    HighLights

    • High‑traffic corner lot at Haygood Road and Independence Boulevard.
    • Minutes from Virginia Beach Town Center.
    • Excellent proximity to shopping, dining, Little Creek Naval Base, and Sentara Independence Hospital.
    • High‑visibility signage opportunity on Independence Boulevard.
    Property Profile Location Intelligence

    Current Use by Public Records

    Independence Plaza Shopping Mall Rainbow Preschool & Child ... Day Care Center Golden Slippers Dance ... Dance School US Navy Enlisted ... Military Recruiting Office Astro Entertainment Dj Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach
    State
    Virginia
    Longitude
    -76.1350406
    Latitude
    36.876368

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    FAQs

    What type of property is this?
    Lifestyle center - Virginia Beach Retail & Office Opportunity: 1,200 SF Available
    Where is this lifestyle center located?
    The property is located at 1115 Independence Blvd Virginia Beach, VA.
    What are key features of this property?
    This property features: High-traffic corner lot at Haygood Road and Independence Boulevard.; Minutes from Virginia Beach Town Center.; Excellent proximity to shopping, dining, Little Creek Naval Base, and Sentara Independence Hospital.
    Request Owner's contact information
    1115 Independence Blvd Virginia Beach, VA 23455
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    Virginia Beach, VA 23455
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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
    1115 Independence Blvd Virginia Beach, VA 23455
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