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4336 Virginia Beach Blvd
Virginia Beach, VA 23452
Suncom Center · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Two tenant 5,150 SF shopping center on 0.4 Acres
  • High profile Pembroke/Thalia location
  • Pylon sign available
  • 43,000 VPD with a turn lane and four-way ingress/egress
  • Excellent area restaurant sales

EXECUTIVE SUMMARY

Great investment opportunity in the Pembroke area of Virginia Beach near Virginia Beach Town Center. 4336 Virginia Beach Blvd is a two tenant, high-profile property with leases secured from a regional retailer and a national franchise in 2020/2021.
4336 Virginia Beach Blvd is highly visible with a daily traffic count of 43,000 vehicles. Its located in the most sought-after submarket in the region, Pembroke which is renowned for its excellent restaurant sales and being many retailers first to market location for Hampton Roads.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,138 SF
Building Class
B
Year Built/Renovated
1960/1999
Price
$2,686,022 CAD
Price Per SF
$522.78 CAD
Cap Rate
6.25%
NOI
$167,876 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.41 AC
Zoning
B2
Parking
8 Spaces (1.51 Spaces per 1,000 SF Leased)
Frontage
202’ on Virginia Beach Blvd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1477-85-3452
Land Assessment
$870,775 CAD
Improvements Assessment
$484,803 CAD
Total Assessment
$1,355,578 CAD
  • Listing ID: 34320432

  • Date on Market: 2024-12-30

  • Last Updated:

  • Address: 4336 Virginia Beach Blvd, Virginia Beach, VA 23452

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