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The Traditions at Sherwood Lakes 2128 Locksley
1,696 - 4,131 SF of Retail Space Available in Virginia Beach, VA 23456
Highlights
- This property features many retail building around the area.
- Growing, up-and-coming area with above average HH incomes within one - five mile radius!
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 110 | 1,696 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 120 | 2,435 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 110
• Join Taste Unlimited! ±1,696-4,131 SF restaurant space available for experienced, local restaurant operators; outdoor patio space available with some suites. • NEW LAKEFRONT DEVELOPMENT! Located on 2.8 acres at the entrance of Sherwood Lakes; corner of Princess Anne Road & Locksley Arch. • Beautiful farmhouse/coastal design concept to provide consumers with a lakefront outdoor dining venue with the possibility of additional land for a Farmer’s Market (farm-to-table experience). • Less than a mile from the new Harris Teeter at Sandbridge Commons and in close proximity to Sandbridge Beach & Knotts Island. • Growing, up-and-coming area with above average HH incomes within one - five mile radius!
- Space is in Excellent Condition
1st Floor, Ste 120
• Join Taste Unlimited! ±1,696-4,131 SF restaurant space available for experienced, local restaurant operators; outdoor patio space available with some suites. • NEW LAKEFRONT DEVELOPMENT! Located on 2.8 acres at the entrance of Sherwood Lakes; corner of Princess Anne Road & Locksley Arch. • Beautiful farmhouse/coastal design concept to provide consumers with a lakefront outdoor dining venue with the possibility of additional land for a Farmer’s Market (farm-to-table experience). • Less than a mile from the new Harris Teeter at Sandbridge Commons and in close proximity to Sandbridge Beach & Knotts Island. • Growing, up-and-coming area with above average HH incomes within one - five mile radius!
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 2128 Locksley , Virginia Beach, VA 23456
| Property Type | Retail | Year Built | 2025 |
| Property Subtype | Restaurant | Construction Status | Under Construction |
| Gross Leasable Area | 20,500 SF | Cross Streets | Princess Anne Road |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 20,500 SF |
| Year Built | 2025 |
| Construction Status | Under Construction |
| Cross Streets | Princess Anne Road |
About the Property
On behalf of Parker Burnell Real Estate Group, we are thrilled to unveil a premier leasing opportunity at The Traditions at Sherwood Lakes. This new lakefront development is strategically nestled on 2.8 picturesque acres at the intersection of Princess Anne Road and Locksley Arch. Embellished with a farmhouse/coastal design concept, this unique property caters to a broad spectrum of high-end, local restaurant operators seeking an unparalleled dining venue with ample outdoor patio space. At Sherwood Lakes, we are offering a range of options from ±1,500 to 13,000 square feet of restaurant space, accommodating operations of varying scales. The chosen few will join the illustrious ranks of Taste Unlimited, enhancing the culinary diversity and experience in this flourishing locale. Potential outdoor patio spaces with the suites bring the unique charm of lakefront dining to the forefront, fostering memorable experiences for patrons. This exclusive development sets the stage for a potential Farmer’s Market, evoking the much sought-after farm-to-table experience. With the integration of local produce and cuisine, we aspire to create an ecosystem that not only thrives on sustainability but also strengthens the local economy. The Traditions at Sherwood Lakes enjoys an enviable location less than a mile from the newly established Harris Teeter at Sandbridge Commons, ensuring high foot traffic and visibility. Its proximity to the popular Sandbridge Beach and the tranquil Knotts Island further enhances its appeal, positioning it as a coveted destination for locals and visitors alike. Serving as a beacon within this rapidly developing area, the Sherwood Lakes draws in a growing demographic profile marked by above-average household incomes within a one to five-mile radius. This prospering community offers a rich blend of vibrant culture, thriving businesses, and prospective growth opportunities, making it an ideal environment for restaurant operations aiming to leave their indelible mark. Seize this opportunity to etch your culinary prowess into the landscape of Sherwood Lakes, shaping its gastronomic narrative while relishing the rewards of a thriving, high-income community.
Nearby Major Retailers
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The Traditions at Sherwood Lakes | 2128 Locksley
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