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    5752 Churchland Blvd Portsmouth, VA 23703
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    Property profile & analytics

    5752 Churchland Blvd, Portsmouth, VA 23703

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    • Community centers
    • 154,389 SF
    • 15.79 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lin's Garden / Restaurant
    • Churchland Shopping Center / Shopping Center & Mall

    Property Details for 5752 Churchland Blvd

    Year built
    1965
    Lot size
    15.79 lot acres
    Property type
    Community centers
    Property subtype
    Retail properties & Spaces

    Description

    This thriving 154,389 square foot, grocery-anchored community center presents a unique investment opportunity in the Churchland submarket. The property, situated on 15.79 acres and boasting 482 parking spaces, comprises three single-story buildings constructed in 1965. Currently, there are 28 suites, with 12,055 square feet of vacant space available, offering flexible options ranging from a minimum of 855 square feet to a maximum contiguous space of 6,800 square feet. The center enjoys a prime location with convenient access to I-664 and Route 164, further enhanced by its proximity to Churchland Blvd. & Stamford Rd. Zoned GMU, this established center benefits from a strong tenant roster including Food Lion, Sentara, Family Dollar, Cato Fashions, Jo Jack's Coffee, Popeye's, and H&R Block, among others, representing a diverse mix of grocery, fashion, medical, and restaurant businesses. Recent improvements have been made to the center, enhancing its appeal and functionality. The property's strong demographics within 1, 3, and 5-mile radii contribute to its consistent performance and potential for future growth. This is an exceptional opportunity to acquire space in a well-established and highly visible retail center.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Portsmouth City
    State
    Virginia
    Longitude
    -76.3907
    Latitude
    36.8621
    More about this property
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