Drug Store

Norfolk, VA Drug Stores for Sale

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Freestanding Retail Building on NNN Lease
Updated: Jun 15
Freestanding Retail Building on NNN Lease

4261 East Little Creek Road, Norfolk, VA 23518

Contact for pricing
13,249 sqft 1.16 AC lot
13,249 SF freestanding retail building on 1.16 acres
Built in 2011
12‑year NNN lease with CVS Pharmacy, Inc.
7.5% cap rate
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See hot listings in Norfolk

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Norfolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Drive-Through Drugstore
Drive-Through Drugstore

2305 Oaklawn Blvd, Hopewell, VA 23860

$1,200,000
11,440 sqft

The building has B-3 zoning, a loading area, and parking.

View details
Drive-Through Pharmacy Building
Drive-Through Pharmacy Building

2305 Oaklawn Boulevard, Hopewell, VA 23860

$1,200,000
1.17 AC lot

Former pharmacy building with drive-through service, loading area, parking, and B-3 zoning for commercial reuse.

View details
Freestanding Drug Store with Drive-Thru
Freestanding Drug Store with Drive-Thru

3701 Kecoughtan Rd, Hampton, VA 23669

Contact for pricing
10,908 sqft

Freestanding former drug store building with drive-thru and a grade-level roll-up loading door on a signalized corner.

View details
Freestanding Drive-Thru Retail Building
Freestanding Drive-Thru Retail Building

10 Willow Oaks Blvd, Hampton, VA 23669

Contact for pricing
14,667 sqft

Freestanding former drug store with a drive-thru configuration near Willow Oaks Shopping Center anchored by Harris Teeter.

View details

Off-Market Properties in Norfolk, VA

Consider similar Off-Market properties in Norfolk, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

7912 Halprin Dr
DRUG STORE, PHARMACY

7912 Halprin Dr, Norfolk, VA 23518-3006

Estimated value:
$3,760,000
12,110 sqft 1.09 AC lot
View details
6147 Virginia Bch Blvd
DRUG STORE, PHARMACY

6147 Virginia Bch Blvd, Norfolk, VA 23502-2701

Estimated value:
$2,915,000
11,200 sqft 1.25 AC lot
View details
4261 Little Crk Rd
DRUG STORE, PHARMACY

4261 Little Crk Rd, Norfolk, VA 23518-3546

Estimated value:
$2,750,000
13,606 sqft 1.16 AC lot
View details
3717 Hampton Blvd
DRUG STORE, PHARMACY

3717 Hampton Blvd, Norfolk, VA 23508-2425

Estimated value:
$7,130,000
13,632 sqft 1.04 AC lot
View details
525 21st St
DRUG STORE, PHARMACY

525 21st St, Norfolk, VA 23517-1985

Estimated value:
$1,635,000
11,068 sqft 0.95 AC lot
View details
8609 Tidewater Dr
DRUG STORE, PHARMACY

8609 Tidewater Dr, Norfolk, VA 23503-5415

Estimated value:
$2,080,000
13,436 sqft 1.48 AC lot
View details
6678 Virginia Bch Blvd
DRUG STORE, PHARMACY

6678 Virginia Bch Blvd, Norfolk, VA 23502-3034

Estimated value:
$1,875,000
12,088 sqft 1.56 AC lot
View details
6135 Virginia Beach Blvd
Individual retail properties

6135 Virginia Beach Blvd, Norfolk, VA 23502

Estimated value: by Request
10,908 sqft
View details
455 Military Hwy
DRUG STORE, PHARMACY

455 Military Hwy, Norfolk, VA 23502

Estimated value:
$2,035,000
13,238 sqft 1.73 AC lot
View details
1169 Military Hwy
DRUG STORE, PHARMACY

1169 Military Hwy, Norfolk, VA 23502-2434

Estimated value:
$2,585,000
14,216 sqft 1.12 AC lot
View details
2232 Little Crk Rd
DRUG STORE, PHARMACY

2232 Little Crk Rd, Norfolk, VA 23518-4221

Estimated value:
$2,090,000
13,777 sqft 1.36 AC lot
View details
972 Little Crk Rd
DRUG STORE, PHARMACY

972 Little Crk Rd, Norfolk, VA 23518-3843

Estimated value:
$2,115,000
13,581 sqft 1.71 AC lot
View details
770 21st St
DRUG STORE, PHARMACY

770 21st St, Norfolk, VA 23517-1921

Estimated value:
$1,790,000
12,248 sqft 0.86 AC lot
View details
816 21st St
DRUG STORE, PHARMACY

816 21st St, Norfolk, VA 23517-1514

Estimated value:
$2,065,000
14,216 sqft 1.22 AC lot
View details

Norfolk, VA Drug Stores Market Trends and Statistics

Explore 15 drug stores for sale in Norfolk, VA on our real estate platform. These investment opportunities span a total of 13,249 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 27
Storefront properties 19
Grocery and convenience stores 5
Auto shops 4
Automotive properties 4

Demographics Overview

Population 235K
Population Growth (5Y) -4.3%
Median Household Income $64,747
College Educated 29.0%

High-Yield Neighborhoods for Investment

Identify Norfolk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23518 $2.1M

Taxes & Financing

Tax Rate (average for all types) 1.27%
Property Tax per SF $9.43 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Norfolk city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Norfolk fall within the 100,000+ square foot range.

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