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Property profile & analytics
FOR SALE
Community centers

2090 Princess Anne Rd Virginia Beach, VA 23456

6,390 SF Built 2016
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US87-2561010
2090 Princess Anne Rd, Virginia Beach, VA 23456 For Sale
$1,500,000 6,390 SF
2090 Princess Anne Rd, Virginia Beach, VA 23456
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Property summary
AI-generated overview

This exceptional 5,287 square foot endcap retail or office space is located within a 15,325 square foot, single-story building constructed in 2018 in the thriving Red Mill submarket of Virginia Beach, VA. The space is part of a recently developed retail center at 2090 Princess Anne Rd, zip code 23456, and benefits from excellent visibility and monument signage. Current tenants include Anytime Fitness, Body Logic Massage & Chiropractic, and Wilder James Salon, creating a strong synergy within the center. The property's strategic location places it between a Food Lion-anchored shopping center and a CHKD pediatrics office, and directly across from the Harris Teeter-anchored Sandbridge Commons. This high-traffic area boasts strong demographics, making it an ideal location for a variety of businesses. The entire building comprises 15,325 square feet, offering a cohesive and well-established retail environment. This endcap space presents a unique opportunity to establish a presence in a vibrant and growing community. The minimum divisible space is 5,287 square feet, and the maximum contiguous space available is also 5,287 square feet.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2016
Construction TYPE NOT SPECIFIED
Total area 6,390 SF
APN 24142210350001
UPID US87-2561010
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
  • Anytime Fitness Gym & Fitness Center
  • Langley Federal Credit Union Credit Union
  • Dr. Scott Kuper Alternative Medicine Practice
  • Dr. Amanda Meyers-Kuper Alternative Medicine Practice
  • Body Logic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$430k
Owner & transaction history
Bkfree LLC · 9 yrs held
Bkfree LLC
since 2016
3 recorded transactions
2016
$1.7M
2016
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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