1458 Mount Pleasant Rd, Chesapeake, VA 23322
For Lease
This exceptional 14,618 square foot property, located at 1458 Mount Pleasant Road in Chesapeake, Virginia (zip code 23322), presents a unique opportunity for businesses seeking high-visibility retail, office, or restaurant space. Completely renovated in 2024, this single-story building offers flexible layouts with a minimum divisible space of 1,500 square feet and the potential to lease the entire 14,618 square feet contiguously. The property boasts a highly desirable storefront location at the fully signalized intersection of Mount Pleasant Road and Centerville Turnpike, benefiting from excellent visibility and high traffic counts exceeding 16,000 vehicles per day on Mount Pleasant Road and 14,000 vehicles per day on Centerville Turnpike. Two endcap spaces are available, one with a drive-thru suitable for a bank or similar business, and another ideal for a drive-thru restaurant. The property's strategic location is further enhanced by its proximity to Mt. Pleasant Marketplace, home to major retailers such as Kroger, Wendy's, and Taco Bell, and a Food Lion center directly across the street. Monument signage ensures maximum brand exposure. This property offers strong potential for success, given the high average household income and number of households within a five-mile radius. The entire space is currently vacant, providing an immediate opportunity for occupancy.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B2: GENERAL BUSINESS · Chesapeake, VAChesapeake. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.