645 First Colonial Rd | Virginia Beach, VA 23451
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This Retail Property is no longer advertised on LoopNet.com.
645 First Colonial Rd
Virginia Beach, VA 23451
Walgreens | Close Proximity to Major Hospital · Retail Property For Sale

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 | $2,858,600 |
| Land Assessment | $1,515,700 | Total Assessment | $4,374,300 |
PROPERTY TAXES
Parcel Number
2407-78-7523
Land Assessment
$1,515,700
Improvements Assessment
$2,858,600
Total Assessment
$4,374,300
Listing ID: 35317826
Date on Market: 3/31/2025
Last Updated:
Address: 645 First Colonial Rd, Virginia Beach, VA 23451
The Northeast Virginia Beach Retail Property at 645 First Colonial Rd, Virginia Beach, VA 23451 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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