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Property profile & analytics
OFF-MARKET
Lifestyle centers

3786 Virginia Beach Blvd Virginia Beach, VA 23452

378,000 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Total area 378,000 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
  • Atlas Credit Company #87 Loan Service
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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