- For Sale $2,928,000
- Property Type Retail
- Property Size 16,000 SF
- Lot Size 1.23 Acre
- Year Built 1986
- Date Updated May 14, 2026
Description
» Positioned within the Virginia Beach MSA – Ranked #37 in the United States for population
size
» Successful operating history spanning multiple decades
» Guitar Center has executed multiple extensions demonstrating commitment
» Below average 2.3% submarket vacancy (CoStar)
» 10% rental escalations in each renewal option
» Located along Virginia Beach Blvd (37,000 VPD) and near Newtown Rd (35,000
VPD)
» Proximity to the Interstate 264 (212,000 VPD) / Interstate 64 (179,000 VPD)
interchange
» Nearby traffic draws include Sentara Leigh Hospital, Virginia Wesleyan
University (5,000 students), & Bayside High School (2,000 students)
» 289,000+ people live within a five-mile radius
» Average household income exceeds $105,000 within five miles
» Neighboring tenants include Top Golf, La-Z-Boy, BMW, AUDI, Toyota,
AutoZone, CVS, & several others
False
Contacts
The Boulder Group
The Boulder Group