Freestanding For Sale • 13,670 SF
| Rare opportunity to acquire a 100% leased retail center in a densely populated, high-demand submarket with strong in-place income. |
| Current rents are below market, with shorter lease terms offering a near-term opportunity to reposition tenancy and increase NOI. |
| Situated along a highly active retail stretch of Indian River Road, adjacent to a Food Lion–anchored center and other national tenants. |
| Part of the 1.8 million-resident Hampton Roads metro, Virginia Beach combines coastal appeal with major institutional anchors like the U.S. military. |
| Built in 2008, this strip center boasts attractive building quality. |
| Cap Rate: | 8.04 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Aiduals Tobacco | 1,420 SF | 3/2/2027 |
| Cottage Care | 1,420 SF | 6/2/2027 |
| Drop Fitness | 2,250 SF | 9/2/2027 |
| Envisions Tattoo | 2,250 SF | 7/2/2027 |
| J.Coles and company & company | 900 SF | 11/2/2027 |
| Jiffy Lube | 2,070 SF | 1/2/2031 |
| Mediterranean Grocery | 1,420 SF | 2/2/2028 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 10 min | - | 5.0 mi | |
| Airport | Drive | Walk | Distance |
| Norfolk International | 14 min | - | 7.0 mi |
| Newport News/Williamsburg International | 50 min | - | 32.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 48 |
| Type: | Surface |
| Included in Rent: | Yes |