1415 Cedar Rd Chesapeake, VA 23322-7107
- Drug stores
- 14,550 SF
- 4.03 lot acres
Current Use by Public Records
- Rite Aid Pharmacy / Pharmacy
- Chad R. Deuvall, PharmD / Pharmacy
- Rite Aid / Drug Store / Beauty Supply Store
- Coinhub Bitcoin ATM Teller / Atm
- Western Union / Money Transfer Service
Property Details for 1415 Cedar Rd
- Year built
- 2003
- Lot size
- 4.03 lot acres
- Property size
- 14,550 SF
- Zone code
- PUD: PLANNED UNIT DEVELOP
- Property type
- Drug stores
- APN
- 464001000002
- APU
- 464001000002
Description
This exceptional 14,550-square-foot freestanding retail building, formerly a Rite Aid pharmacy, presents a compelling investment opportunity in Chesapeake, Virginia. Built in 2003, the property boasts a convenient drive-thru and sits on a sizable 4.025-acre lot. Its zoning is designated as PUD. Strategically located in the Great Bridge retail submarket, the building enjoys high visibility at the signalized intersection of Greens Edge Drive and Cedar Road. This prime location offers easy access to a significant customer base, enhanced by its proximity to Tidewater Community College and a Walmart Supercenter. Further bolstering its appeal is the imminent construction of a new Publix grocery store directly on Cedar Road, west of the property, promising increased foot traffic and enhanced retail synergy. The building is in excellent condition and ready for immediate occupancy or redevelopment, making it an ideal asset for a variety of retail uses. The property's address is 1415 Cedar Road, Chesapeake, VA 23322.
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
- -76.2911
- Latitude
- 36.7215
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
