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Property profile & analytics
FOR SALE
Lifestyle centers

5461 Wesleyan Dr Virginia Beach, VA 23455

Entity Owned 5-yr Hold
Property ID
US87-0020757
Property summary
AI-generated overview

This exceptional 7-suite shopping center in Virginia Beach, VA, presents a fantastic retail leasing opportunity. Located at 5461 Wesleyan Drive, zip code 23455, this single-story building offers a 1,200 square foot vacant suite (Suite 106), perfect for a variety of retail businesses. The space includes two restrooms. The property boasts a strong tenant mix, including established businesses such as Food Lion, Luxury Nails, Silver Fox Tobacco, Cali Cuts Hair Salon, and Golden City Take-Out, creating a vibrant and attractive shopping destination. The asking rent is $18 per square foot, plus NNN expenses of $4.95. This is a highly visible location with excellent access and ample parking, ensuring high foot traffic and customer visibility. The property is easily accessible from major roadways, making it convenient for both customers and employees. This is an ideal opportunity to establish or expand your retail business in a thriving commercial area. Don't miss out on this chance to join a successful shopping center in a prime Virginia Beach location. The property features no elevators.

Property profile
Verified
Property type Lifestyle centers
UPID US87-0020757
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
  • Golden City Restaurant
  • Mac Kutz Barber Shop
  • Food Lion Grocery & Convenience Store Food Market
  • SprinterBus.net Freight Service Logistics Company
  • King kong chinese Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hh & P V LLC · 5 yrs held
Hh & P V LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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