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Property profile

3312 Princess Anne Rd Virginia Beach, VA 23456

OFF-MARKET
Retail properties & Spaces
408,851 SF
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Property summary

AI-generated overview

Landstown Commons, located at 3312 Princess Anne Rd, Virginia Beach, VA 23456, presents a prime retail opportunity within a thriving commercial center. This super-regional power center boasts a total of 408,851 square feet and currently offers five available suites ranging from a minimum of 1,200 square feet to a maximum contiguous space of 5,940 square feet. A total of 13,903 square feet is currently vacant. The property is strategically situated at the intersection of Princess Anne Rd and Dam Neck Rd, within Virginia Beach's premier retail corridor. This location benefits from a robust combination of office markets, a significant military population, and a substantial tourism sector, ensuring strong current and future performance. Landstown Commons is anchored by a diverse range of national retailers, including Best Buy, Burlington, PetSmart, Ross Dress For Less, Old Navy, Ulta, Five Below, OfficeMax, and a shadow-anchor Kohl's. The center also features a variety of restaurants and smaller shops, catering to both the local community and the nearby office workforce. This property offers exceptional visibility and accessibility, making it an ideal location for businesses seeking to establish or expand their presence in a high-traffic area of Virginia Beach. The property is located in Virginia County.

Property profile

Verified
Property type Retail properties & Spaces
Total area 408,851 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall
  • Hair Salon Nail Salon
  • Hair Salon
  • Hair Salon
  • Training Center

Location

3312 Princess Anne Rd Virginia Beach, VA 23456
Virginia Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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