Property summary
Pembroke Plaza offers an exceptional opportunity for retailers seeking high-visibility locations in the thriving Town Center area of Virginia Beach. This neighborhood center boasts five available retail spaces ranging from 1,875 to 3,025 square feet, providing flexibility for various business needs. The property enjoys a highly desirable location directly across from Pembroke Mall, placing it in close proximity to major retailers such as Nordstrom Rack, REI, The Fresh Market, and DSW. This strategic positioning ensures significant foot traffic and brand visibility, maximizing exposure to a large and affluent customer base. The center's multiple tenancy structure fosters a vibrant and diverse shopping environment, creating a synergistic effect that benefits all occupants. Base rent is negotiable, and the Net, Net, Net (NNN) expenses are $3.54 per square foot. A total of 9,900 square feet is currently vacant, presenting a unique opportunity for expansion or the establishment of multiple businesses within a single, well-established center. This property represents a compelling investment opportunity in a prime Virginia Beach location with exceptional visibility and access to a substantial consumer market. Contact us today to learn more about leasing opportunities and explore the potential of this thriving retail center.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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