For Lease
$22/SF/YR

1660 Independence Blvd Virginia Beach, VA 23455

11,178 SF Former Rite Aid, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 11,178-square-foot former Rite Aid drugstore presents a unique investment opportunity in Virginia Beach, VA. Located at the highly visible, signalized intersection of Independence Boulevard and Pleasure House Road in the Haygood submarket, this single-story, Class A building boasts excellent accessibility from both sides of the property. Built in 1997, the property sits on a substantial 1.397 acres of land and includes 52 parking spaces. The building features a convenient drive-thru, and its electrical service includes one 400-amp panel and two 250-amp panels. The property is currently vacant, offering immediate occupancy. The zoning is B-2, and the property taxes are $3.10 per square foot. The surrounding area is anchored by a strong mix of national retailers, including Harris Teeter, Marshall's, Dollar Tree, Starbucks, Chick-fil-A, CVS, and McDonald Garden Center, ensuring high traffic and visibility. This location offers significant potential for redevelopment or repositioning within a thriving retail environment. The property's size, location, and existing infrastructure make it an ideal candidate for a variety of retail uses. This is a rare opportunity to acquire a prime retail property in a high-demand area of Virginia Beach. The address is 1660 Independence Blvd, Virginia Beach, VA 23455.

Highlights

  • Former Rite Aid, drive-thru, 52 parking spaces.
  • Excellent condition, versatile floor plan.

Property Details for 1660 Independence Blvd

Property type
Retail properties
RSF (Rentable sq. ft)
11,178 SF
Class
A
Year Built
1997
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
11,178 SF
Rate per SF
$22

Location Insight

City
Virginia Beach
County
Virginia Beach City
State
Virginia
Latitude
36.89420938806
Longitude
-76.142025257242

FAQs

What type of property is this?
Retail property - 11,178 SF Former Rite Aid, High Visibility
Where is the retail property located?
The property is located at 1660 Independence Blvd Virginia Beach, VA.
What is the lease rate?
The lease rate is $22/SF/YR.
What are key features of this property?
This property features: Former Rite Aid, drive-thru, 52 parking spaces.; Excellent condition, versatile floor plan.;
How can I contact the broker?
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1660 Independence Blvd
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