528 1st Colonial Rd Virginia Beach, VA 23451-6120
This exceptional retail property, located at 528-550 First Colonial Road in Virginia Beach, VA 23451, offers a prime opportunity for businesses seeking high visibility and strong foot traffic. The shopping center encompasses a substantial 270,093 square feet and sits on a generous 16.09-acre lot. Built in 1998, the property is zoned as "7" within Virginia Beach city. Multiple tenancies are currently in place, creating a vibrant and thriving retail environment. For prospective tenants, there is currently 13,280 square feet of vacant space available, divisible into units as small as 5,000 square feet, with a maximum contiguous space of 8,280 square feet. The property's strategic location in Virginia Beach ensures excellent access to a large customer base. This is an ideal opportunity for retailers seeking a well-established location with significant potential for growth. The property's size and layout offer flexibility for a variety of retail uses. Interested parties should inquire about available space and lease terms. The property's location provides easy access to major roadways and ample parking for customers and employees. This is a rare opportunity to secure retail space in a highly desirable location within a thriving shopping center.
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Autobell Car Wash Car Wash
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.