4107 Portsmouth Blvd Chesapeake, VA 23321
- Community centers
- 114,956 SF
- 12.28 lot acres
Current Use by Public Records
- Inland American Retail Management / Real Estate Agency
- Dr. David Dano / Practitioner Service Location / Dentist
- Especially For You, LLC / Skin Care Clinic / Facial Spa
- Cricket Wireless Authorized Retailer / Cell Phone Store
- Lendmark Financial Services LLC / Loan Agency / Car Finance And Loan Company
Property Details for 4107 Portsmouth Blvd
- Year built
- 1991
- Lot size
- 12.28 lot acres
- Property size
- 114,956 SF
- Zone code
- B2: GENERAL BUSINESS
- Property type
- Community centers
- APN
- 151010000090
- APU
- 151010000090
Description
Chesapeake Commons offers exceptional retail opportunities in a thriving Chesapeake, Virginia location. This power center boasts 198,741 square feet and features three suites, with 4,621 square feet currently vacant. Spaces range from a minimum of 1,090 square feet to a maximum contiguous space of 2,400 square feet, providing flexibility for various retail concepts. The center enjoys a prime location just off I-664, easily accessible via the Portsmouth Boulevard interchange, ensuring high visibility and convenient customer access. Anchored by national retailers such as Best Buy, Ross, Old Navy, and Aldi, Chesapeake Commons benefits from significant existing traffic and strong brand recognition. The property sits within the Chesapeake Square submarket, directly across from the Chesapeake Square Mall, which is undergoing a major redevelopment project that will include a substantial multi-family component. This redevelopment promises to further enhance the area's appeal and drive even more foot traffic to the center. The submarket itself comprises approximately 2,162,000 square feet of retail space, reflecting a dynamic and growing retail environment. This presents a unique opportunity to establish or expand a retail business in a high-growth area with excellent accessibility and strong anchor tenants. The combination of established brands, convenient location, and ongoing area development makes Chesapeake Commons an attractive investment for discerning retailers.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chesapeake
- County
- Chesapeake City
- State
- Virginia
- Longitude
- -76.4117
- Latitude
- 36.8223
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
