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1577 General Booth BlvdVirginia Beach, VA 23454

Thriving shopping center, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
114
Dam Neck Square Shopping Center, located at 1577 General Booth Blvd, Virginia Beach, VA 23454, presents a compelling investment opportunity. This 65,768 square foot retail center, built in 1987, sits on a 7.09-acre lot and boasts 763 parking spaces. The property is zoned B2 and enjoys a prime location at the busy intersection of General Booth Boulevard and Dam Neck Road, benefitting from a combined daily traffic count of 62,000 vehicles. The center is currently anchored by Aldi and features a diverse tenant mix including Dollar Tree, Direct Performance Physical Therapy, Domino's Pizza, Subway, and Allstate, among others. Two spaces are currently available, ranging from 1,875 to 2,500 square feet, providing immediate income potential. The surrounding area is characterized by high income levels and consistent growth, further enhanced by the proximity of major employers such as the Virginia Beach Municipal Center and Courthouse, Oceana Naval Air Base, Camp Pendleton, Sandridge Beaches, and Corporate Landing. This well-established shopping center offers a strong foundation for future growth and profitability. The property's strategic location and established tenant base make it an attractive investment for those seeking a stable and high-performing retail asset in a thriving Virginia Beach submarket.

Highlights

  • High-visibility pylon signage on Dam Neck Road.
  • Ample surface parking with 763 spaces.
  • Convenient access via General Booth Blvd and two Dam Neck Rd entrances.
  • Recently completed exterior renovations.
  • Strong demographics: 228,000 residents within a 15-minute drive.

Property Details for 1577 General Booth Blvd

Property type
Retail properties
RSF (Rentable sq. ft)
65,768 SF
Year Built
1987

Unit(s) available at that property

Space
Suite 1577-107
Size
1,875 SF
Space
Suite #15774-104
Size
2,500 SF

Location Insight

City
Virginia Beach
County
Virginia Beach City
State
Virginia
Latitude
36.7872551
Longitude
-76.0000947
1577 General Booth Blvd, Virginia Beach, Virginia

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1577 General Booth Blvd
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