For Lease
$15-$16 /SF/YR

5752 Churchland BlvdPortsmouth, VA 23703

Grocery-anchored retail center; multiple suites available.

Overview

Added:
Dec 11, 2024
Days on market:
114
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.
  • Built in 1965, with recent center improvements.

Property Details for 5752 Churchland Blvd

Property type
Community centers, Retail properties
RSF (Rentable sq. ft)
154,389 SF
Year Built
1965
Buildings
3
Stories
1

Unit(s) available at that property

Space
5740 Churchland Blvd.
Size
6,800 SF
Rate per SF
$15
Space
3210-3216 Stamford Street
Size
4,200 SF
Rate per SF
$15
Space
5766 Churchland Blvd.
Size
2,700 SF
Rate per SF
$15
Space
5748 Churchland Blvd.
Size
2,600 SF
Rate per SF
$16

Location Insight

City
Portsmouth
County
Portsmouth City
State
Virginia
Latitude
36.862076465733
Longitude
-76.390728407191
5752 Churchland Blvd, Portsmouth, Virginia

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5752 Churchland Blvd
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