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Property profile

1933 Landstown Centre Way Virginia Beach, VA 23456

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional retail space, located at 1933 Landstown Centre Wy in Virginia Beach, VA 23456, offers a rare opportunity within a thriving Class A retail/mixed-use development. The property comprises three single-story buildings and features a total of 3,945 square feet of immediately available vacant space, divisible to a minimum of 3,945 square feet. A turnkey restaurant space of approximately 2,215 square feet is available, including fixtures, furniture, and equipment. This prime location benefits from high visibility and exceptional access, situated adjacent to a 60,000 square foot CHKD medical office building and across from the 505,699 square foot Landstown Commons power center, anchored by major retailers such as Best Buy and Kohl's. The area boasts a strong demographic profile, with proximity to the TCC ODU/NSU Higher Education Center and UVA Hampton Roads Center (approximately 30,000 students), VB Sportsplex, Farm Bureau Live, YMCA, and Sentara Princess Anne Hospital. Furthermore, the property enjoys significant traffic volume, with over 48,000 vehicles per day on Princess Anne Road, and benefits from the presence of approximately 125,000 active duty, family, and civilian personnel stationed at Naval Air Station Oceana. This presents a unique chance to establish a business in a high-traffic, densely populated area with strong existing infrastructure and a diverse customer base. The property is ideal for a variety of retail uses.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Building Supply
  • Loan Service Bank
  • Cafe & Coffee Shop
  • Loan Service Bank
  • Loan Service Bank

Location

1933 Landstown Centre Way Virginia Beach, VA 23456
Virginia Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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