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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 Dr, Virginia Beach, VA 23455, offers exceptional retail opportunities in a high-traffic area. This shopping center boasts a total of 58,230 square feet, with three suites currently available. 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. A significant 12,654 square feet is currently vacant, presenting a unique chance to establish a presence in this thriving community. The center is strategically situated adjacent to Joint Expeditionary Base Little Creek, benefiting from a substantial and consistent customer base of over 14,000 active-duty military personnel and nearly 5,000 civilians. Established tenants such as Food Lion and Navy Federal Credit Union further solidify the center's appeal and demonstrate its strong market position. This location offers unparalleled access to a large, reliable consumer demographic, making it an ideal investment for businesses seeking high visibility and significant foot traffic. The property is located in Virginia Beach city, Virginia.

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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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