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3217-3219 Bridge Rd 7,420 SF 52% Leased Retail Building Suffolk, VA 23435 For Sale
Investment Highlights
- Well Positioned with Grocery Shadow Anchor and Other Traffic Drivers
- Attractive Contract Rent Growth
- Strategic Location with Excellent Accessibility, Population Growth, & Proximity to Major Employers
- Highly leasable spaces, Including an end-cap drive-thru
- Grocery-anchored visibility with strong rent upside in a high-growth, supply-constrained Suffolk submarket
Executive Summary
Colliers is pleased to present Bennett’s Creek Shops, a compelling opportunity to acquire a 100% leased, 7,420 SF neighborhood retail center in the fast-growing Northern Suffolk submarket. Shadow anchored by a long-established Food Lion and at the main entrance to the shopping center, the property benefits from exceptional visibility along Bridge Road (Route 17), with approximately 28,000 vehicles per day.
This two-tenant strip center offers stable in-place income and NNN lease structures that help minimize landlord responsibilities. Contractual rent bumps in place and both suites leased below market, create meaningful upside through future mark-to-market potential.
The asset is surrounded by strong retail, dense residential growth, and major employment drivers, including the Joint Suffolk DoD compound, Bon Secours, Sentara, Sysco Foods, and other regional employers. With high household incomes, limited new supply, multiple full-movement access points, and highly leasable space including an end-cap drive-thru, Bennett’s Creek Shops offers durable cash flow and long-term growth in one of Hampton Roads’ most desirable retail corridors.
Additionally, Bennett's Creek Shops can be purchased as a portfolio, with Danville Shops
This two-tenant strip center offers stable in-place income and NNN lease structures that help minimize landlord responsibilities. Contractual rent bumps in place and both suites leased below market, create meaningful upside through future mark-to-market potential.
The asset is surrounded by strong retail, dense residential growth, and major employment drivers, including the Joint Suffolk DoD compound, Bon Secours, Sentara, Sysco Foods, and other regional employers. With high household incomes, limited new supply, multiple full-movement access points, and highly leasable space including an end-cap drive-thru, Bennett’s Creek Shops offers durable cash flow and long-term growth in one of Hampton Roads’ most desirable retail corridors.
Additionally, Bennett's Creek Shops can be purchased as a portfolio, with Danville Shops
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,420 SF
Building Class
C
Year Built
1995
Percent Leased
52%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.01 AC
Zoning
GENERAL CO - General commercial
Parking
26 Spaces (3.5 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Position
- Available
3,530 sf inline retail space available. Located within Bennett’s Creek Shopping Center anchored by Food Lion adjacent to Creekside Village Shopping Center anchored by Taylors Do IT Center in the Bennett’s Creek trade area of Suffolk.
| Space | Size | Space Use | Position | Available |
| 3217 | 3,530 SF | Office/Retail | In-Line | Now |
3217
| Size |
| 3,530 SF |
| Space Use |
| Office/Retail |
| Position |
| In-Line |
| Available |
| Now |
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3217
| Size | 3,530 SF |
| Space Use | Office/Retail |
| Position | In-Line |
| Available | Now |
3,530 sf inline retail space available. Located within Bennett’s Creek Shopping Center anchored by Food Lion adjacent to Creekside Village Shopping Center anchored by Taylors Do IT Center in the Bennett’s Creek trade area of Suffolk.
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 304455100 | Improvements Assessment | $572,900 |
| Land Assessment | $189,700 | Total Assessment | $762,600 |
Property Taxes
Parcel Number
304455100
Land Assessment
$189,700
Improvements Assessment
$572,900
Total Assessment
$762,600
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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3217-3219 Bridge Rd
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