The subject property is a 5.357 acre retail site located within the Greenbrier submarket
in Chesapeake, VA. Greenbrier has over 4 million square feet of retail space and
is anchored with numerous large format retail developments. Given the significant
number of retailers, restaurants and service providers in the trade area, Greenbrier
is one of the most sought after submarkets in Southeastern Virginia. Greenbrier is
also home to major corporations’ headquarters, such as Volvo Penta, Dollar Tree and
Cox Communications. The subject property sits immediately across the street from
Summit Pointe, a new 69 acre mixed use development that has been zoned for 1,400
residential units, 250,000 square feet of retail and 1,000,000 square feet of office.
The subject property shares the main entrance traffic signal on Volvo Parkway with
Summit Pointe.
