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Highlights
- Highly visible office/medical space at a signalized intersection with strong traffic counts.
- Over 10 million annual visitors to Virginia Beach drive consistent retail demand.
- Excellent access with 21,000 vehicles per day along Pacific Avenue.
- Directly across from the 20-story Hyatt Hotel and near the new Civic Arena and Sports Center.
- Attached to a 426-space parking garage and adjacent to 240 oceanfront apartments.
- Surrounded by national retailers, dining, and entertainment venues in a high-growth tourism corridor.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,200 SF | Negotiable | $29.25 CAD/SF/YR $2.44 CAD/SF/MO $93,599 CAD/YR $7,800 CAD/MO | Triple Net (NNN) |
1st Floor
This 3,400-square-foot retail space is strategically positioned at the intersection of Pacific Avenue and 27th Street, offering unmatched visibility and accessibility to both locals and the more than 10 million annual visitors to Virginia Beach.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Office intensive layout
- Fits 8 - 26 People
- Located in-line with other retail
- Ample parking
- Ample visibility
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Anna's Shoppes
- Tenant
- Description
- US Locations
- Reach
- Fresenius Medical Care
- Health Care
- 3,404
- International
- Stillwater Provisions
- Supermarket
- 1
- -
- US Agricultural Dept
- Other Office
- 1,126
- National
- Walnut Hill Food Group Inc.
- Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Fresenius Medical Care | Health Care | 3,404 | International |
| Stillwater Provisions | Supermarket | 1 | - |
| US Agricultural Dept | Other Office | 1,126 | National |
| Walnut Hill Food Group Inc. | Services | 1 | - |
Property Facts
| Total Space Available | 3,200 SF | Gross Leasable Area | 7,500 SF |
| Property Type | Retail | Year Built | 1993 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.93/1,000 SF |
| Total Space Available | 3,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,500 SF |
| Year Built | 1993 |
| Parking Ratio | 2.93/1,000 SF |
About the Property
The site benefits from exceptional connectivity, with a traffic count of approximately 21,000 vehicles per day along Pacific Avenue. Tenants will enjoy the convenience of a 426-space parking garage shared with the Hyatt Hotel and adjacent residential community, as well as proximity to 240 oceanfront apartments that provide a built-in customer base. The surrounding area is a bustling resort district featuring national retailers, restaurants, and entertainment venues, ensuring strong foot traffic and brand exposure. This location is ideal for specialty retail, dining concepts, or service-oriented businesses seeking to capitalize on the dynamic mix of tourism and local demand. With negotiable lease terms and a prime position in one of Virginia’s most visited destinations, 27 Pacific Shops offers an unparalleled opportunity to establish a presence in a thriving coastal market.
Nearby Major Retailers
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Anna's Shoppes | 1812 S Church St
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