2550 Airline Blvd Portsmouth, VA 23701-2802
The Shops at Alexander's Corner, located at 2550 Airline Blvd in Portsmouth, Virginia (zip code 23701), offers exceptional retail space in a vibrant strip center. This property boasts a total of 2,480 square feet, currently featuring two available spaces. The minimum divisible space is 1,250 square feet, providing an ideal opportunity for smaller businesses, while a maximum of 44,386 contiguous square feet is available for larger tenants seeking significant space. The property's prominent location ensures high visibility and accessibility for customers. A key advantage is the availability of prominent pylon signage, offering excellent opportunities for branding and attracting attention. The property is classified as a retail strip center with multiple tenancies, indicating a diverse and potentially thriving commercial environment. The available space presents a unique opportunity for businesses seeking a well-located and highly visible retail presence in Portsmouth, Virginia. The address is easily accessible, and the property's size offers flexibility for a range of business needs, from smaller boutiques to larger retail operations. With ample space available, this property is ready for immediate occupancy. Inquire today to learn more about this exciting opportunity.
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Conn's HomePlus Home Appliance Store Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
GMU · Portsmouth, VAPortsmouth. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.