2720-2728 Mall Dr Virginia Beach, VA 23450
Lynnhaven North Shopping Center presents a unique opportunity for retail businesses seeking a high-traffic location in Virginia Beach. This 173,191 square foot shopping center boasts a currently available 2,500 square foot space, perfect for a variety of retail uses. The property is strategically situated in the Lynnhaven retail submarket, a thriving area with approximately 1,800,000 square feet of retail space. Its prime location directly adjacent to the 1.3 million square foot Lynnhaven Mall provides exceptional visibility and shared access via North Mall Drive and the mall's ring road, ensuring high foot traffic and brand recognition. Ample parking is available both in front and in the rear of the building, ensuring convenient access for customers. The surrounding area is densely populated with residential subdivisions, professional office parks, and industrial parks, creating a diverse customer base. The property's proximity to Naval Air Station Oceana and Interstate 264 further enhances its accessibility and appeal. The property is zoned B-2, offering flexibility for various retail businesses. This is an exceptional opportunity to establish or expand your business in a high-demand location within a well-established shopping center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.