For Sale
$2,162,440

6465 College Park SqVirginia Beach, VA 23464

Virginia Beach Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 30,892 square foot retail property, located at 6465 College Park Square in Virginia Beach, VA 23464, presents a compelling investment opportunity. Currently boasting 43% occupancy, this center offers significant upside potential for an owner-occupant or investor seeking to capitalize on a prime location. The property sits on a 1.91-acre lot and includes ample parking with 145 spaces, ensuring convenient access for customers and employees. The asking price is $2,162,440, translating to a price per square foot of $70. The strategic location between Greenbrier and Military Circle provides exceptional visibility and accessibility to a substantial consumer base. With a population exceeding 300,000 within a five-mile radius, this center benefits from high traffic volume and strong demographics. The existing tenant mix comprises a quality blend of retail services, medical practices, and professional service offices, creating a diverse and stable revenue stream. This property offers a rare chance to acquire a well-situated retail center with significant growth potential in a thriving Virginia Beach market. The property's size, parking availability, and strategic location make it an ideal investment for those seeking a strong return on investment in a high-demand area.

Highlights

  • Owner-Occupier Opportunity.
  • Prime location between Greenbrier and Military Circle.
  • High-density area: 300,000+ population within 5 miles.
  • Strong tenant mix: retail, medical, and professional services.

Property Details for 6465 College Park Sq

Property type
Retail properties
Square Feet
30,892 SF
Lot Size (sq. ft)
83,200 SF

Location Insight

City
Virginia Beach
County
Virginia Beach
State
Virginia
Latitude
36.8105731
Longitude
-76.2150036
6465 College Park Sq, Virginia Beach, Virginia

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6465 College Park Sq
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