German grocery store Lidl opened one of it's first 10 U.S. store today at 6196 Providence Road. A stone's throw from Regent University and less than three miles from competitor Aldi. Lidl is poised to take advantage of it's new location. This is evidence that astute business minds continue to find our growing area to be a beneficial area to begin to grow their brand domestically.
Who can take the best advantage, however, of the presence of this new German grocery store ? People living in nearby neighborhoods like College Park, Knob Hill and Kempsville Borough are poised to take immediate advantage of the rare presence of this store in the United States. See other homes and neighborhoods nearby here: Properties near Lidl in Virginia Beach.
A recent article by Kimberly Piercall reported the excitement as many people streaming in to the window laden building to experience the new phenomenon.
Some have speculated that the presence of a Lidl may produce a positive effect on the property values in these areas. Called the Lidl effect, we'll see how that plays out. One immediate value that homeowners can be certain to experience is shorter commutes to purchase groceries each week and hopefully, decent prices.