2993 Shore Dr Virginia Beach, VA 23451
For Lease
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This exceptional 3,000 square foot retail space is ideally situated at 2993 Shore Drive in Virginia Beach, VA, zip code 23451. The property boasts a highly desirable location on Shore Drive (Route 60), a major thoroughfare providing direct access to the Virginia Beach Oceanfront and I-64, ensuring high visibility and substantial traffic flow. This free-standing building sits on a 0.6-acre lot and is zoned B-2, offering versatility for a range of retail uses. The strategic location benefits from a robust customer base drawn from commuters, tourists heading to the oceanfront, military personnel from nearby Fort Story and Little Creek Amphibious Base, and the thriving local residential community. The property features four drive-thru lanes and two points of access to the building itself, as well as two additional access points to the surrounding strip center, enhancing convenience and accessibility for customers. This presents a unique opportunity to establish a business in a high-traffic area known for its successful restaurants and strong retail environment. The property is currently vacant, providing immediate occupancy for a new tenant. This prime location offers unparalleled potential for growth and success within a vibrant and established commercial district.
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BB&T Loan Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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 · Virginia Beach, VAVirginia Beach. 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.