This thriving 154,389 square foot, grocery-anchored community center presents a unique investment opportunity in the Churchland submarket. The property, situated on 15.79 acres and boasting 482 parking spaces, comprises three single-story buildings constructed in 1965. Currently, there are 28 suites, with 12,055 square feet of vacant space available, offering flexible options ranging from a minimum of 855 square feet to a maximum contiguous space of 6,800 square feet. The center enjoys a prime location with convenient access to I-664 and Route 164, further enhanced by its proximity to Churchland Blvd. & Stamford Rd. Zoned GMU, this established center benefits from a strong tenant roster including Food Lion, Sentara, Family Dollar, Cato Fashions, Jo Jack's Coffee, Popeye's, and H&R Block, among others, representing a diverse mix of grocery, fashion, medical, and restaurant businesses. Recent improvements have been made to the center, enhancing its appeal and functionality. The property's strong demographics within 1, 3, and 5-mile radii contribute to its consistent performance and potential for future growth. This is an exceptional opportunity to acquire space in a well-established and highly visible retail center.
Highlights
Food Lion-anchored community center totaling 154,389 square feet.
Multiple suites available, ranging from 855 to 6,800 contiguous square feet.
12,055 square feet of vacant space available for lease.
Located on Churchland Blvd. & Stamford Rd. in the Churchland submarket, zoned GMU.
Features 482 parking spaces across three, one-story buildings on 15.79 acres.
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Contacts
David Tunnicliffe
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5752 Churchland Blvd, Portsmouth, Virginia, 23703
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5752 Churchland Blvd
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