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5386 Kempsriver Dr Virginia Beach, VA 23464

OFF-MARKET Retail properties & Spaces Google Maps
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional retail space, located at 5386 Kemps River Dr in Virginia Beach, VA 23464, presents a unique investment opportunity. The property boasts a generous 2,377 square feet of single-tenant space, perfectly suited for a variety of uses, currently configured as a hot yoga studio. Its convenient location in Virginia Beach offers excellent visibility and accessibility for customers. The building is situated at 36.8014747 latitude and -76.1784901 longitude. The property type is classified as retail, offering a versatile platform for a range of businesses. The single-tenant occupancy ensures ease of management and streamlined operations. This presents a chance to acquire a well-situated property in a thriving Virginia Beach market. The property's size and layout provide ample space for a variety of business configurations, allowing for customization to meet specific operational needs. The existing setup as a yoga studio could be easily adapted or repurposed to suit a new tenant's requirements. This is an ideal opportunity for an investor seeking a strong foothold in the vibrant Virginia Beach retail market. The property's location offers easy access to major roadways and a diverse customer base. Serious inquiries are encouraged to explore the potential of this remarkable retail space. Further details are available upon request.

Property profile

Verified
Property type Retail properties & Spaces

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
  • Arcade & Gaming Center (Bike/Boat/Book/etc) Store
  • Physician
  • Physician
  • Ophthalmologist
  • Physician

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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