Colliers Brokers $8.6M Sale Of Fully Leased Lynnhaven Square Retail Center In Virginia Beach

The property involved in this transaction is a retail center located at 2077-2085 Lynnhaven Parkway in Virginia Beach, VA. The sale, completed on July 29, 2025, was finalized for $8,600,000, with a total square footage of 22,933 and a price per square foot of $375. The asset consists of two fully leased buildings housing various tenants, including Wingstop, Cold Stone, and Virginia ABC.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,600,000
• Sale Date: July 29, 2025
• Address: 2077-2085 Lynnhaven Parkway
• Market: Virginia Beach, VA
• Asset Size: 22,933 SF
• Price per Square Foot: $375

Jeff Fritz and Jay O’Donnell from Colliers represented the seller in this transaction. The buyer, who remains undisclosed, has engaged George Fox of Colliers for leasing services at the property.