Current Use by Public Records
- Usi Insurance Downtown / Insurance Agency
- FedEx Drop Box / Postal Service / Courier Service
- Guadalajara Management Group / Business Management Consultant
Property Details for 4605 Columbus St
- Property type
- Retail properties & Spaces
Description
This exceptional retail opportunity is located in the heart of Virginia Beach Town Center, a vibrant hub of activity boasting a substantial daytime population fueled by 934 residences, two major hotels (The Westin and Hilton), and a thriving 450,000 square foot leased retail space. The property itself comprises a 103,000 square foot building with a single, large suite currently offering 19,335 square feet of vacant space, ideal for a variety of retail uses. Its strategic location within the second largest Metropolitan Statistical Area (MSA) in Virginia, Hampton Roads, places it within easy reach of nearly 2 million residents. The area's strong economic base is further enhanced by approximately 7,700 on-site daytime employees and students, along with an additional 24,600 workers within a one-mile radius. The significant draw of 13 million annual tourists visiting Virginia Beach, coupled with the Sandler Center for the Performing Arts (attracting over 67,000 patrons annually), ensures a consistent flow of potential customers. This prime location, just nine miles from the Virginia Beach Oceanfront and Norfolk, positions the property at the epicenter of business and shopping in the region, offering unparalleled access to a diverse and substantial consumer base. The scale of the available space presents a unique opportunity for a significant retail presence in a high-traffic, high-visibility location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Virginia Beach
- County
- Virginia Beach
- State
- Virginia
- Longitude
- -76.1353
- Latitude
- 36.8408
