Va. Beach strip mall sells for $1.7M
CheckSmart Plaza tenants include Liberty Tax, Subway
The CheckSmart Plaza strip mall in Virginia Beach has a new owner.
5650 Virginia Beach Blvd purchased the strip mall at 5650 Virginia Beach Blvd. from the Lenhart-Frauenberg Partnership for $1.7 million as an investment, according to Cushman & Wakefield | Thalhimer. Built in 2006, the shopping center is 8,537 square feet, with tenants including a CheckSmart, Liberty Tax, and Subway. It’s near the intersection of East Virginia Beach Boulevard and Newtown Road.
Ted Levin, of Cushman & Wakefield | Thalhimer, handled the sale negotiations on behalf of the seller.