Va. Beach shopping center sells for $5.9M

Property is anchored by Food Lion

Published February 16, 2022 by Robyn Sidersky

The Indian River Shopping Center in Virginia Beach has been sold for $5.9 million, Cushman & Wakefield | Thalhimer announced Wednesday.

JFS Real Estate LLC purchased the 89,189-square-foot shopping center from Indian River Shopping Center Land LLC as an investment.

The shopping center, which includes a Food Lion and Burlington, is located at 880 S. Military Highway and is on about 12 acres of land.

Janet Whitbeck of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the buyer.

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