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- LoopNet Team
245 Pennsylvania Ave
Virginia Beach, VA 23462
Property For Lease
HIGHLIGHTS
- 245 Pennsylvania Avenue is a 3,448-square-foot automotive shop and sales building available for $6,000 per month.
- Beneficiary of co-traffic from nearby automotive tenants, plus the area’s most popular live, work, play hubs, Pembroke Square and Town Center of VB.
- Positioned off Virginia Beach Boulevard and 0.7 miles from Interstate 264, approximately 15 minutes from the beachfront and Downtown Norfolk.
- Featuring drive-in garage doors, a storefront entry, office space, a warehouse mezzanine, private restrooms, and ample parking/yard space.
- Well-targeted consumer pool as residents within a 5-mile radius spend nearly $1 billion each year on transportation and maintenance expenses.
PROPERTY FACTS
| Property Type | Retail | Gross Leasable Area | 3,448 SF |
| Property Subtype | Auto Repair | Year Built | 1950 |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 3,448 SF |
| Year Built | 1950 |
ABOUT THE PROPERTY
Offering a 3% commission to the realtor. 245 Pennsylvania Avenue offers a premier opportunity for businesses in automotive sales, automotive service, automotive rental, and more to set up shop in a centralized Virginia Beach location. The 3,448-square-foot property is zoned for auto sales and repairs, with ample fenced in yard space for parking vehicles and equipment. 245 Pennsylvania Avenue features drive-in garage doors leading to the warehouse shop area, which includes a mezzanine(available upon request). The storefront entrance features large windows to display products, and there is plenty of well-maintained office space for administrative functions, as well as 2 rest rooms & shower. This is already a highly trafficked area for all types of automotive and equipment needs, with neighboring tenants like Checkered Flag Toyota, Southside Harley-Davidson, Herc Rentals, Auto Glass & Sunroof Repair, and many more. With established draws for similar uses, 245 Pennsylvania Avenue is decidedly positioned to capitalize on this co-traffic. It’s easy for customers to reach with direct access from Virginia Beach Boulevard, and Interstate 264/Virginia Beach Expressway is less than a mile away. This allows businesses to tap into affluent communities as far as Alanton, East Beach, and King’s Grant, all of which contribute to the $2.4 billion spent on transportation and maintenance within a 10-mile radius. Another significant locational advantage is proximity to Pembroke Square and the Town Center of Virginia Beach, two of the hottest mixed-use destinations in the region, bringing in thousands of travelers, daytime employees, and residents near 245 Pennsylvania Avenue each day.
