Harvey Lindsay Commercial Real Estate is privileged to offer an exceptional redevelopment lease opportunity located at the dynamic intersection of Little Creek Rd and Chesapeake Blvd. This approximately 3.86-acre parcel currently features a 32,864 square-foot building, and presents flexible possibilities for expansion, subdivision, a ground lease, or a custom build-to-suit opportunity, based on your needs.
This site's strategic position at the northwest corner of an east/west, north/south intersection - Little Creek Rd (36,134 VPD) and Chesapeake Blvd (23,956 VPD) - assures superior ingress and egress, facilitating seamless accessibility for consumers and employees. This high-traffic location boosts visibility and brand recognition, making it an invaluable asset for businesses seeking a prime location.
Surrounded by a robust retail environment that caters to residents of Ocean View, Bay View, and Larrymore Lawns, this site offers unparalleled exposure. Neighboring businesses include notable entities such as CVS, Rite Aid, Wawa, Walmart Neighborhood Market, and Super Walmart, among others. This intense retail submarket not only ensures a constant footfall but also offers synergy with complementary businesses that bolster consumer convenience and interest.
Adding to its appeal, the site offers pylon signage, enhancing visibility and creating a prominent brand presence. The proximity to multiple interchanges of I-64 further amplifies its strategic advantage, ensuring that it's well within the logistical map of any business.
Demographically, this site is set within a 3-mile radius that boasts a substantial population of 112,701 and 47,403 households (ESRI, 2022). This vibrant neighborhood is home to 2,106 businesses, providing a bustling business environment and a strong potential customer base. With 25,404 employees in the vicinity and an average household income of $76,989, the local economy is robust and supportive of new business endeavors. Further, the daytime population of 93,571 presents a thriving market opportunity for businesses targeting daily consumers.
This redevelopment site offers businesses a unique opportunity to establish their presence at the heart of a vibrant community, supported by a thriving retail environment, strategic location, robust demographics, and flexible site options. As an investment, it represents an incredible opportunity to be part of the ongoing growth and development in the area.