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For Sale

2.95 Acre Development Opportunity

2448 Chesapeake Square Ring Road,
Chesapeake, VA 23321

Asset Snapshot

2.95 Acres
Land Area

Offering Summary

Investment Overview

2.95 acres shadow anchored by Wal-Mart Supercenter and Sam's Club near I-664 and Chesapeake Square Mall. 23,700 SF retail shops approved plans.


Investment Highlights

  • New development opportunity for retail, office, and/or medical space on 2.95 acres.
  • Adjacent to Walmart Supercenter, Sam’s Club, Target, and Chesapeake Square Mall.
  • Other nearby retailers include PetSmart, Gabe's, Starbucks, Ross, Best Buy, BJ's, Chipotle, and many more.
  • Prepaid ground lease with 82 years remaining.
  • Site can accommodate up to 23,700 SF of retail space with a drive-thru
  • Located off I-664 at Chesapeake Square Mall; 717,282 SF regional mall, recently purchased by Kotarides for redevelopment.
  • Zoned B-2

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,180,000
Asking Price

Investment Sales Broker

Chris Hucke
S.L. Nusbaum Realty Co.