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Retail Space in Norfolk, VA
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2401 Hampton Blvd, Norfolk, VA

Retail space available for rent in Norfolk, Virginia.

Space Size1,464 SF - 2,229 SF
Lot Size0.43 Acres
Days on Market1064

Property Features for 2401 Hampton Blvd

General Information

Standard status Active
Size 1,464 SF - 2,229 SF
Lot size 0.43 Acres
Property subtype RETAIL

Site & Location

Neighborhood West 21st Street

Spaces For Lease

at 2401 Hampton Blvd Contact us

Building 8 AVAILABLE, Now

Floor 1
Size 1,464 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- CAM, Taxes & Insurance Approximately $5.00 - $6.00 PSF - Railyard at Lambert’s Point is a 120,000 SF up and coming retail site located within the west Ghent submarket in Norfolk, VA. Hundreds of new apartment buildings coming online in the Railroad District next door. The surrounding historical neighborhoods are home to some of the region’s highest incomes and most educated individuals. - The property is located south of Naval Station Norfolk, the world’s largest naval base (64,357 active duty and civilian personnel on base) and Old Dominion University (20,000 students plus the Ted Constant Convocation Center, and new larger football stadium under construction), and north of the Sentara Regional Medical Complex (thousands of employees, a children’s hospital, heart center and Eastern Virginia Medical School). - Adaptive Reuse Buildings. May be occupied in entirety or as small spaces.
Contact us

Building 8 AVAILABLE, Now

Floor 1
Size 2,203 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- CAM, Taxes & Insurance Approximately $5.00 - $6.00 PSF - Railyard at Lambert’s Point is a 120,000 SF up and coming retail site located within the west Ghent submarket in Norfolk, VA. Hundreds of new apartment buildings coming online in the Railroad District next door. The surrounding historical neighborhoods are home to some of the region’s highest incomes and most educated individuals. - The property is located south of Naval Station Norfolk, the world’s largest naval base (64,357 active duty and civilian personnel on base) and Old Dominion University (20,000 students plus the Ted Constant Convocation Center, and new larger football stadium under construction), and north of the Sentara Regional Medical Complex (thousands of employees, a children’s hospital, heart center and Eastern Virginia Medical School). - Adaptive Reuse Buildings. May be occupied in entirety or as small spaces.
Contact us

Building 8 AVAILABLE, Now

Floor 1
Size 2,229 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- CAM, Taxes & Insurance Approximately $5.00 - $6.00 PSF - Railyard at Lambert’s Point is a 120,000 SF up and coming retail site located within the west Ghent submarket in Norfolk, VA. Hundreds of new apartment buildings coming online in the Railroad District next door. The surrounding historical neighborhoods are home to some of the region’s highest incomes and most educated individuals. - The property is located south of Naval Station Norfolk, the world’s largest naval base (64,357 active duty and civilian personnel on base) and Old Dominion University (20,000 students plus the Ted Constant Convocation Center, and new larger football stadium under construction), and north of the Sentara Regional Medical Complex (thousands of employees, a children’s hospital, heart center and Eastern Virginia Medical School). - Adaptive Reuse Buildings. May be occupied in entirety or as small spaces.
Contact us
Listing Agency: Colliers | Norfolk
Listed By: Ned Brooks · License #0225113184
Source: Moodyscre
Added: Nov 27, 2023 Changed: Oct 25 Last Checked: Oct 24 at 8:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Norfolk

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Investment Insights

Based on property information with market context.

The Railyard at Lambert’s Point is a 120,000 square foot retail site located within the west Ghent submarket in Norfolk, VA. The property is situated south of Naval Station Norfolk, and north of the Sentara Regional Medical Complex and Eastern Virginia Medical School. Adaptive reuse buildings are available for occupancy in entirety or as smaller spaces. Hundreds of new apartment buildings are under construction in the Railroad District next door. The surrounding historical neighborhoods are home to some of the region’s highest incomes and most educated individuals. Old Dominion University, including the Ted Constant Convocation Center, is nearby, and a new, larger football stadium is under construction. CAM, taxes, and insurance are approximately $5.00 - $6.00 per square foot. The available space is 2,229 square feet.

Key Highlights

  • Located in up‑and‑coming retail site (Railyard at Lambert’s Point) within the desirable west Ghent submarket.
  • High foot traffic potential due to proximity to Naval Station Norfolk, Old Dominion University, and Sentara Regional Medical Complex.
  • Hundreds of new apartments being built in the adjacent Railroad District.

Property Analytics

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Current Use

Biscuit Belly - Norfolk Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Auto Parts Store Law Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,115
Businesses Nearby
147k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Groceries 35% Shops & Services 18% Electronics 1%
Food Lion Grocery Store Groceries
27,154 visits/mo 0.4 miles
McDonald's Dining
26,212 visits/mo 0.5 miles
The Fresh Market Groceries
19,350 visits/mo 0.4 miles
7-Eleven Shops & Services
17,731 visits/mo 0.1 miles
Taco Bell Dining
11,181 visits/mo 0.4 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Norfolk, VA

$16.46 /SF/Yr
Avg Asking Price
$9.75–$27.95 /SF/Yr
Price Range
4,219 SF
Avg Space Size

Vacancy Rate% for Retail in Norfolk, VA

7.9% 2019
9.3% 2020
8.7% 2021
7.9% 2022
6.9% 2023
6.6% 2024
6.6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for rent in Norfolk, Virginia.
Where is this retail space located?
The property is located at 2401 Hampton Blvd Norfolk, VA.
What are key features of this property?
This property features: Located in up‑and‑coming retail site (Railyard at Lambert’s Point) within the desirable west Ghent submarket.; High foot traffic potential due to proximity to Naval Station Norfolk, Old Dominion University, and Sentara Regional Medical Complex.; Hundreds of new apartments being built in the adjacent Railroad District.
(757) 617-2222 Call to check price and availability
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