281 Independence Blvd
Virginia Beach, VA 23462 Northwest Virginia Beach

Strategically positioned in the urban core of Virginia Beach—Virginia’s largest city—Pembroke Park offers a rare first-floor opportunity for retail, medical, or office users within one of the most dynamic and fast-evolving submarkets on the East Coast.

Situated within the Pembroke Strategic Growth Area (SGA) and part of a comprehensive Transit-Oriented Development Plan, the property is ideally located exactly halfway between Downtown Norfolk and the Virginia Beach Oceanfront. Approximately 78% of Virginia Beach residents live within a five-mile radius, ensuring strong visibility and customer accessibility for any tenant.

Pembroke Park is at the center of a vibrant redevelopment push, anchored by the ongoing $200 million transformation of Pembroke Square, which will introduce new apartments, a hotel, and senior housing to this established 50-acre mixed-use site. The redevelopment is driving new vertical growth and economic energy into the Virginia Beach Town Center submarket, a magnet for both residents and regional visitors.