3786 Virginia Beach Blvd Virginia Beach, VA 23452
Birchwood Shopping Center presents a compelling investment opportunity in Virginia County. This established 378,000 square foot shopping center boasts a strong tenant mix, anchored by prominent national retailers including BJ's Wholesale Club, Burlington Coat Factory, Food Lion, pOpshelf, Dollar Tree, The Original Mattress Factory, and more. A significant 22,400 square foot retail space is currently available, offering exceptional visibility and potential for a variety of uses. The center benefits from a high-traffic location, with a 2020 traffic count of 44,245 vehicles per day along Virginia Beach Boulevard. Its strategic proximity to Virginia Beach Town Center further enhances its appeal, placing it within close reach of a dense concentration of consumers and complementary businesses such as Nordstrom Rack, REI, Target, Kohl's, Barnes & Noble, PetSmart, Sam's Club, Harris Teeter, Conn's HomePlus, and The Home Depot. Available spaces range from 1,134 to 9,904 square feet, providing flexibility for various retail concepts. This well-positioned shopping center offers a rare opportunity to capitalize on a thriving retail market in a high-demand location. The existing strong tenant base provides stability and a proven track record of success. This property is ideal for investors seeking a high-return, established retail investment.
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Atlas Credit Company #87 Loan Service
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.