2701 Mall Dr Virginia Beach, VA 23452
This exceptional 101,418-square-foot retail center in Virginia Beach's Lynnhaven submarket presents a unique investment opportunity. Strategically located at 2701 North Mall Road, at the signalized intersection of Lynnhaven Parkway and North Mall Drive, this multi-tenant property boasts superior visibility and access. The center is directly adjacent to Lynnhaven Mall, a regional powerhouse known for its strong sales, high occupancy, and quality tenants. The property offers multiple spaces available, ranging from a minimum of 1,020 square feet to a maximum contiguous space of 46,033 square feet. Currently, the property features two large vacant spaces: a former Office Max (20,045 square feet) and a former Toys "R" Us (46,033 square feet), both equipped with rear dock-level loading. This prime location, combined with the expansive space and convenient access, makes this property ideal for a variety of retail uses. The property is situated in Virginia Beach, VA, zip code 23452, in the Lynnhaven County. The entire 101,418 square feet is currently vacant, offering a blank canvas for a new retail vision. This is a rare chance to acquire a significant retail presence in a high-traffic area with exceptional visibility and proximity to a major regional shopping destination. The property's four total suites offer flexibility for various retail concepts.
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Chipotle Mexican Grill Restaurant
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DICKS Sporting Goods Department Store
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ATM Atm
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DICK'S Warehouse Sale (Bike/Boat/Book/etc) Store
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Spirit Halloween (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.