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5394 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

Beautifully renovated Kemps River Center offers prime retail space in a densely populated area of Virginia Beach, Virginia. Located on Kempsriver Drive, directly across from Kempsriver Crossing, this property benefits from exceptional visibility and high traffic volume. The center sits near one of Virginia Beach's busiest intersections, boasting a combined daily traffic count of approximately 100,000 vehicles. The center features multiple suites available, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 1,588 square feet. A total of 2 suites are available within the building, with a combined 2,788 square feet currently vacant. This presents a unique opportunity for businesses seeking high-traffic exposure in a thriving commercial area. The building's recent renovations ensure a modern and attractive space for tenants. The property's strategic location and high visibility make it an ideal choice for retailers looking to establish or expand their presence in a bustling Virginia Beach market. The available space is perfect for a variety of retail uses, offering flexibility for businesses of different sizes. This is a rare opportunity to secure retail space in a high-demand location with significant foot and vehicle traffic. Contact us today to learn more about this exceptional retail opportunity.

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
  • (Bike/Boat/Book/etc) Store Pet Store
  • Restaurant
  • Real Estate Agency
  • Shopping Center & Mall
  • Take-out & Catering

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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