3825 Bonney Rd Virginia Beach, VA 23452
For Lease
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This exceptional 8,763-square-foot retail property, zoned B2, presents a unique investment opportunity in Virginia Beach, VA. Currently vacant, the building offers a versatile layout ideal for an automotive dealership, boasting a 5,328-square-foot showroom/office area and a 3,435-square-foot service and parts area. Situated on a sizable 1.2-acre lot, the property benefits from 244 feet of frontage along Bonney Road, ensuring high visibility and accessibility. The building underwent renovations in 2019, ensuring modern functionality and aesthetics. Its prime location offers convenient access to I-264 via Rosemont Road, placing it within minutes of the Virginia Beach Town Center and its thriving commercial district. The existing dealership license is included in the sale, streamlining the transition for a new operator. This property is situated in an area with excellent demographics, promising strong potential for future growth and profitability. The single-tenant occupancy allows for straightforward management and control. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a desirable Virginia Beach market. Don't miss this chance to capitalize on this turnkey operation.
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Fairway Mitsubishi Service Center Auto Repair Shop
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Fairway Mitsubishi Parts Store Auto Parts Store
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Fairway Mitsubishi Car Dealership
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Pembroke Finance, Inc. Bank Credit Union
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Fairway Cars VB, LLC Car Dealership
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.