645 First Colonial Rd
Virginia Beach, VA 23451
 Walgreens | Close Proximity to Major Hospital · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Located less than 1 mile from Sentara Virginia Beach General Hospital, a 270 bed hospital.
  • Completed in December of 2024, 'Ascend at Hilltop Apartments' is a $46 million, ±329K SF development that consists of 115 units is 0.5 mile away.
  • Direct access to Interstate 264, the main east-to-west connector between Norfolk and Virginia Beach, with over 96,000 vehicles per day.
  • Located less than 0.5 miles is Naval Air Station Oceana, the second largest employer in Virginia Beach, with over 10,500 active Navy personnel.
  • Over 2.3 million SF of retail space within 1 mile, anchored by tenants such as Kroger, Trader Joe's, Target, Walmart Supercenter, and Whole Foods.
  • 1 mile to the East, Virginia Beach is the most populous city in the U.S. Commonwealth of Virginia and the 6th most populous city in the Mid-Atlantic.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,904 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Slab To Slab
14’
Building FAR
0.31
Lot Size
1.04 AC
Parking
45 Spaces (3.24 Spaces per 1,000 SF Leased)

LINKS

PROPERTY TAXES

Parcel Number 2407-78-7523 Improvements Assessment $2,817,800
Land Assessment $1,515,700 Total Assessment $4,333,500

MAP

ADDITIONAL PHOTOS

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