Retail storefronts make up 16.69% of TenantBase searches, showing demand from local businesses and tourism-related retail. The city’s vibrant coastal location and residential growth support consistent retail interest. Lease terms show a preference for three year or less, comprising 22.29% of deals, reflecting the need for adaptable lease options in a fluctuating retail environment.
Key Retail Submarkets:
Oceanfront: High visibility and tourist-driven retail.
Town Center: Upscale retail and dining.
Pembroke: Local retail shops serving residential communities.
Chesapeake: Growing retail demand linked to residential expansion.
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Popular Retail Space in the Virginia Beach Market
Prime Entertainment Venue / Restaurant / Bar for Lease at the Virginia Beach Oceanfront
7,000 SF
$11,100 /mo
Restaurant
Corner Lot at Busy Intersection Near Town Center
30,492 SF
$8,300 /mo
Storefront
Nexus Shops 528 Newtown Road
4,850 SF
$82,400 /mo
Storefront
Lynnhaven Colony Shoppes
950 – 1,267 SF
$1,700 /mo
Storefront
- 1397 Baker Road
6,300 – 6,700 SF
$4,500 – $4,700 /mo
StorefrontWarehouse
Crossways @ Greenbrier
2,126 SF
$5,300 /mo
Marketplace at Tech Center
1,142 – 3,000 SF
$2,800 – $11,200 /mo
Storefront
Armada Hoffler Tower
633 – 15,000 SF
$10,200 – $43,800 /mo
GeneralStorefront
Executive Cove Center
1,500 – 2,000 SF
- /mo
Storefront
1,360 - 3,196 SF RETAIL/OFFICE UNITS
1,836 SF
$3,700 /mo
Storefront
Retail Space Available in Lynnhaven Pointe
1,140 SF
$2,700 /mo
Storefront
Sabre Street
2,473 SF
$5,200 /mo
Storefront
Las Gaviotas Shopping Center
1,500 – 8,000 SF
- /mo
Storefront
Victory Center
3,000 – 53,200 SF
- /mo
Storefront
Oyster Point Square
1,600 – 3,600 SF
$2,400 – $5,400 /mo
Storefront
Suite Rates in Virginia Beach
Suite Sizes in Virginia Beach
Neighborhood Comparison
Neighborhood
Average Available SQFT
Average Rate / SQFT PER Month
NUMBER OF AVAILABLE SUITES
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.