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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2701 Mall Dr Virginia Beach, VA 23452

101,418 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 101,418 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chipotle Mexican Grill Restaurant
  • DICKS Sporting Goods Department Store
  • ATM Atm
  • DICK'S Warehouse Sale (Bike/Boat/Book/etc) Store
  • Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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