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2324 Chesapeake Square Ring Rd

11,414 SF 100% Leased Retail Building Chesapeake, VA 23321 $3,331,054 CAD ($292 CAD/SF)

Mixed Use Properties Virginia Chesapeake 2324 Chesapeake Square Ring Rd, Chesapeake, VA 23321

Investment Highlights

  • Adjacent to Target, Sam’s Club, & Burlington Coat Factory.
  • Owner will consider subdividing parcel.
  • Easy access to Taylor Road & Portsmouth Boulevard.
  • Super regional submarket with ready access to I-664.

Executive Summary

The subject property is located in the Chesapeake Square submarket of Chesapeake, Virginia. The retail submarket is anchored by Chesapeake Square Mall and surrounded by an abundance of retail anchors and restaurants. The submarket has also experienced a surge of recent residential growth with much more in the planning stages. The property has access to the mall ring road and has monument signage.

Attachments

Marketing Brochure/Flyer

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
11,414 SF
Building Class
C
Year Built
1997
Price
$3,331,054 CAD
Price Per SF
$292 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Land Acres
2.69 AC
Zoning
B2 - General Business
Parking
113 Spaces (7.53 Spaces per 1,000 SF Leased)
Frontage
643 ft on Chesapeake Square Blvd

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Signage
  • Signalized Intersection
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Nearby Major Retailers

BJ's Wholesale Club
ALDI
Truist
LongHorn Steakhouse
Lidl
Olive Garden
Red Lobster
Golden Corral Buffet & Grill
Food Lion
Five Guys

PROPERTY TAXES

Parcel Number 0106009000040 Improvements Assessment $1,176,642 CAD
Land Assessment $2,880,157 CAD Total Assessment $4,056,799 CAD

PROPERTY TAXES

Parcel Number
0106009000040
Land Assessment
$2,880,157 CAD
Improvements Assessment
$1,176,642 CAD
Total Assessment
$4,056,799 CAD
(757) 228-1829

  • Listing ID: 22420775

  • Date on Market: 2021-03-08

  • Last Updated:

  • Address: 2324 Chesapeake Square Ring Rd, Chesapeake, VA 23321

The Retail Property at 2324 Chesapeake Square Ring Rd, Chesapeake, VA 23321 is currently available For Sale. Contact CBRE, Inc. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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2324 Chesapeake Square Ring Rd
(757) 228-1829 x

2324 Chesapeake Square Ring Rd

Ned Brooks

(757) 228-1829

(757) 228-1829

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