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4590 Virginia Beach Blvd 7,347 SF of Retail Space Available in Virginia Beach, VA 23462
Highlights
- One of the Last Freestanding Restaurant Opportunities in the Corridor
- Surrounded by Luxury Residential, Hotels & Class A Office
- Strong Daytime Population & Dining Demand, 67,000+ Employees Within 3 Miles
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,347 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
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.
Property Facts
| Total Space Available | 7,347 SF | Total Land Area | 0.69 AC |
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Restaurant | Parking Ratio | 9.75/1,000 SF |
| Gross Leasable Area | 7,347 SF |
| Total Space Available | 7,347 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 7,347 SF |
| Total Land Area | 0.69 AC |
| Year Built | 2005 |
| Parking Ratio | 9.75/1,000 SF |
About the Property
4590 Virginia Beach Boulevard offers a rare flagship restaurant leasing and redevelopment opportunity within the heart of Virginia Beach’s rapidly evolving Pembroke Square and Town Center district. The Property features an existing freestanding restaurant situated on a highly visible site with direct frontage along Virginia Beach Boulevard, one of the region’s primary commercial corridors, and immediate adjacency to Fogo de Chão. Surrounded by Class A office, luxury multifamily, hospitality, and destination retail, the Property benefits from exceptional regional accessibility, a substantial daytime workforce, affluent consumer demographics, and ongoing mixed-use investment. As one of the few remaining standalone restaurant opportunities within this premier dining corridor, the site is ideally suited for ground lease, build-to-suit, adaptive reuse, or other strategic development opportunities for restaurant, hospitality, and experiential retail operators seeking a flagship presence in one of Coastal Virginia’s most dynamic mixed-use destinations.
- Bus Line
- Dedicated Turn Lane
- Signage
- Signalized Intersection
Nearby Major Retailers
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4590 Virginia Beach Blvd
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