Lynnhaven Green Shopping Center | Virginia Beach, VA

Lynnhaven Green is a fully leased, ±50,838 SF neighborhood center in Virginia Beach. Farmers International Foods has anchored it for the past 13 years; the international grocer draws shoppers from well beyond the neighborhood and generated about $12 million in sales in 2024. The center sits in one of the region’s tightest retail submarkets, where vacancy was about 2.2% in mid-2026.

Lynnhaven Green serves a trade area of approximately 278,000 residents with average household incomes nearing $115,000 and benefits from its proximity to Naval Air Station Oceana, just six miles away. With more than 44,000 vehicles passing daily along Lynnhaven Parkway and Rosemont Road and below-market rents, the center offers investors a stable cash-flowing asset with meaningful upside.

Positioned just two miles south of Lynnhaven Mall, the region’s dominant retail destination, the property benefits from one of the most active commercial corridors in Southeastern Virginia. The mall’s extensive mix of national retailers, dining, entertainment, and regional draw generates substantial consumer traffic along Lynnhaven Parkway, creating consistent visibility and accessibility for the center.

As a neighborhood shopping destination, Lynnhaven Green captures the daily flow of residents, commuters, and shoppers traveling to and from the mall area. Its convenient mix of grocery, service, and dining uses allows tenants to benefit from both local demand and spillover traffic, reinforcing the property’s long-term stability and growth potential.

• Dominant Neighborhood Retail Asset: Lynnhaven Green is a 100% leased, ±50,838-square-foot neighborhood shopping center strategically positioned in Virginia Beach, Virginia. The Property provides investors with stable in-place cash flow supported by a diverse tenant roster and strong market fundamentals.
• Strong Grocery Anchor Driving Repeat Traffic: Farmers International Foods attracts more than 418,000 annual visits from 77,000+ unique shoppers, with customers visiting 4.7 times annually and spending an average of 21 minutes on-site, ranking among the top-performing grocery stores in Virginia and reinforcing the property’s role as a neighborhood shopping destination.
• Exceptional Market Fundamentals: Lynnhaven Green is located within one of the strongest retail submarkets in the Hampton Roads region, where retail vacancy was approximately 2.2% as of mid-2026. The highly constrained supply environment supports tenant demand, occupancy stability, and future rental growth.
• Dense and Affluent Consumer Base: The Property serves an expansive trade area of approximately 278,000 residents with average household incomes of nearly $115,000, providing a deep and affluent customer base that supports sustained retailer performance.
• Stable Income with Growth Potential: Combining full occupancy, a high-performing anchor tenant, strong demographics, limited competitive supply, and embedded rental upside, Lynnhaven Green offers investors a compelling opportunity to acquire a well-positioned retail asset with durable income and long-term value creation potential in Virginia’s most populous city.