351 Johnstown Rd
Chesapeake, VA 23322
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Description
Seize the chance to own a premier retail property in the heart of Chesapeake with 351 Johnstown Road-a prime strip mall offering exceptional visibility and strategic location. This sought-after commercial space presents a lucrative investment opportunity, combining high-traffic exposure with a vibrant surrounding community.
Property Highlights
Exceptional Location: Positioned at a high-traffic intersection, this strip mall benefits from excellent visibility and accessibility. Located near major roadways including Interstate 64, it provides seamless connectivity and attracts customers from across the Hampton Roads region.
Thriving Retail Environment
The property is ideally situated close to key retail destinations such as Walmart and Target, ensuring consistent foot traffic. Additionally, the Chesapeake Square Mall, a prominent shopping hub with a diverse range of national and local retailers, is just a short drive away, further driving customer interest and engagement.
Diverse Amenities
The surrounding area boasts a wide variety of dining options, from casual eateries to fine dining establishments, along with entertainment venues like movie theaters and family attractions. This vibrant mix enhances the property’s appeal to potential tenants and customers alike.
Established Community
Located in a well-developed residential and commercial neighborhood, the strip mall draws from a robust local customer base. Proximity to schools, medical facilities, and other essential services underscores the convenience and attractiveness of the location for both businesses and residents.
Prime Investment Potential
With its high visibility, strategic location, and strong local traffic, this property offers significant investment potential. The combination of a prime commercial position and the surrounding area’s growth ensures a promising return on investment.
Offering Summary
- Number of Units: 4
- Lot Size: 25,850 SF
- Building Size: 5,940 SF
Offering Summary
| DEMOGRAPHICS | 0.3 MILES | 0.5 MILES | 1 MILE |
|---|---|---|---|
| Total Households | 498 | 917 | 3182 |
| Total Population | 1187 | 2353 | 8749 |
| Average HH Income | $121,202 | $126,913 | $135,106 |