757-333-4382
440 Chestnut St, Portsmouth, VA for Rent

Retail - For Rent
1/10
2,644 SF | 1 Space

440 Chestnut St
Portsmouth, VA 23704
Downtown Portsmouth


HIGHLIGHTS

  • Freestanding 2,644 SF building with existing drive-thru infrastructure.
  • Located on a 0.8-acre lot with 29 surface parking spaces.
  • Less than 0.4 miles from I-264, providing excellent regional access.
  • Strong traffic counts with 22,000 VPD at Chestnut St./London Blvd.
  • Surrounded by national QSR brands and retail anchors for strong co-tenancy.
  • Ideal for quick-service, fast casual, or medical/retail conversion.

OVERVIEW

Strategically located less than 0.4 miles from I-264, the site offers excellent regional connectivity and strong traffic counts, with over 22,000 vehicles per day at Chestnut Street and London Boulevard. Its proximity to Downtown Portsmouth, the historic Olde Towne waterfront district, and the Naval Medical Center Portsmouth provides a steady flow of daytime and weekend traffic from both local residents and visitors. The surrounding trade area features a robust mix of national retailers, including Wawa, Starbucks, McDonald’s, Taco Bell, and Wendy’s, reinforcing the site’s retail synergy and consumer draw. With strong demographics—over 236,000 residents within a five-mile radius and average household incomes exceeding $84,000—the property offers a compelling location for operators looking to capture a dense and diverse customer base. This is a rare opportunity to secure a second-generation restaurant space in a proven retail corridor with excellent visibility and signage potential.

RENTAL DETAILS

SPACE AVAILABLE

2,644 SF

# OF SPACES

1

RENT RATE (MO)

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RENT RATE (YR)

Request Info for Rent

LEASE TYPE

TBD

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

2,644 SF

YEAR BUILT

2002

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

D-2

ASK ABOUT THIS PROPERTY

Levi ThomsonDivaris Real Estate, Inc.More Info
757-333-4382

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Levi ThomsonDivaris Real Estate, Inc.More Info
757-333-4382

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.