Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Drug stores

    1458 Mount Pleasant Rd, Chesapeake, VA 23322

    14,563 SF 1.71 ac lot Built 2015
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US87-1821495
    1458 Mount Pleasant Rd, Chesapeake, VA 23322 For Lease
    $2,675,000 9,851 SF available
    1458 Mount Pleasant Rd, Chesapeake, VA 23322
    View Listing →
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Drug stores
    Use group DRUG STORE, PHARMACY
    Year built 2015
    Total area 14,563 SF
    Lot 1.71 ac (74,313 SF)
    Zoning code B2: GENERAL BUSINESS
    APN 490000001670
    UPID US87-1821495
    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
    • Rite Aid Pharmacy
    • Coinhub Bitcoin ATM Teller Atm
    • Rite Aid Pharmacy Pharmacy
    • Western Union Bank Credit Union
    • Amazon Locker - Charu Postal Service Courier Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.12M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.68M
    Owner & transaction history
    1458 Mt Pleasant LLC · 1 yrs held
    1458 Mt Pleasant LLC
    since 2024
    Last sale
    $2.9M
    5 recorded transactions
    2026
    2024
    $2.9M
    2021
    $5.2M
    2021
    2015
    $1.3M
    Zoning & alternative use
    B2: GENERAL BUSINESS · Chesapeake, VA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $3.8M +37.6%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message