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304 Kellam Rd 2,478 SF of Retail Space Available in Virginia Beach, VA 23462
Highlights
- Freestanding retail building located in Virginia Beach Town Center.
- Across from Wegmans and Walmart, two of the largest retailers in the market.
- Adjacent to a mixed-use development with residential units, hotels, and retail amenities.
- Positioned at a signalized intersection with over 37,000 VPD on Virginia Beach Boulevard.
- Zoning allows for diverse uses including banking, restaurant, medical, and retail.
- High surrounding population density supports strong customer traffic.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,478 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
This freestanding retail building offers a prime location in the heart of Virginia Beach Town Center, situated on 0.60 acres with excellent visibility along Virginia Beach Boulevard. The property is positioned at a signalized intersection with traffic counts exceeding 37,000 vehicles per day, ensuring strong exposure for any retail or service-oriented business. Directly across the street from major retailers such as Wegmans and Walmart, the site benefits from significant co-tenancy and consumer draw. The zoning designation, CBC (Central Business Core District), allows for a wide range of uses including banks, restaurants, medical offices, and retail establishments. The property is adjacent to Town Center Virginia Beach, a vibrant mixed-use development featuring over 900 residential units, boutique hotels, and numerous dining and entertainment options. This location provides immediate access to a dense population base and a thriving commercial corridor, making it an exceptional opportunity for businesses seeking high visibility and strong market presence.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Central Air Conditioning
- Located in Virginia Beach Town Center
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 304 Kellam Rd, Virginia Beach, VA 23462
- Tenant
- Description
- US Locations
- Reach
- Chartway Federal Credit Union
- Bank
- 64
- National
| Tenant | Description | US Locations | Reach |
| Chartway Federal Credit Union | Bank | 64 | National |
Property Facts
| Total Space Available | 2,478 SF | Gross Leasable Area | 2,478 SF |
| Property Type | Retail | Year Built | 1965 |
| Property Subtype | Bank | Parking Ratio | 10.94/1,000 SF |
| Total Space Available | 2,478 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 2,478 SF |
| Year Built | 1965 |
| Parking Ratio | 10.94/1,000 SF |
About the Property
The property is located at 304 Kellam Road in Virginia Beach, VA, within the Virginia Beach Town Center area. It sits on 0.60 acres at a signalized intersection along Virginia Beach Boulevard, a major thoroughfare with high traffic counts. The surrounding area includes large national retailers, mixed-use developments, and hospitality establishments. The site is zoned CBC (Central Business Core District), permitting a variety of commercial uses.
- Banking
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
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304 Kellam Rd
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