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Property profile & analytics
OFF-MARKET
Lifestyle centers

5193 Shore Dr Virginia Beach, VA 23455

58,230 SF
Property ID
Property summary
AI-generated overview

Lake Shores Plaza, located at 5193 Shore Drive in Virginia Beach, VA 23455, offers exceptional retail opportunities in a high-traffic area. This 58,230 square foot shopping center boasts a prime location adjacent to Joint Expeditionary Base Little Creek, ensuring a consistent flow of customers from the substantial military presence. The center currently features three suites, with a total of 12,654 square feet of vacant space available for lease. Individual spaces range from a minimum of 1,570 square feet to a maximum contiguous space of 8,684 square feet, providing flexibility for various business needs. The center enjoys strong tenancy, with established businesses such as Food Lion, Navy Federal Credit Union, and Second Chance Thrift already operating within the complex. This location benefits from a large and stable population base, including over 14,000 active-duty military personnel and nearly 5,000 civilians, creating a lucrative market for new businesses. The property is situated in Virginia Beach County and offers excellent visibility and accessibility. This is a rare opportunity to establish a business in a thriving community with a built-in customer base. Contact us today to learn more about leasing opportunities at Lake Shores Plaza.

Property profile
Verified
Property type Lifestyle centers
Total area 58,230 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
  • Jade Garden Restaurant
  • Hairline Beauty Salon Hair Salon
  • Nancy Nails Nail Salon
  • Made Men Barbershop Barber Shop
  • Food Lion Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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