Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4100-4502 Monarch Way Norfolk, VA 23508

    For Lease
    Contact for pricing

    Retail spaces available in vibrant mixed-use development near university.

    Property size:
    3,558 SF
    Lot size:
    4.81 Acres

    Property Features for 4100-4502 Monarch Way

    General Information

    Size
    3,558 SF
    Lot size
    4.81 Acres

    Source: S.L. Nusbaum Realty Co - Corporate Agent Brody Tucker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Old Dominion

    Located on Monarch Way, adjacent to Chartway Arena at Old Dominion University, this mixed-use property offers retail spaces for rent. The location benefits from high foot traffic from students, faculty, and families attending events. The property is currently home to dining options such as Chick-fil-A, Panera, Hangry Joe's, and Insomnia Cookies. Two spaces remain available. The property is suitable for businesses seeking to thrive in a busy college community.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Colley Village, The Railyard at Lamberts Point, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Norfolk
    County
    Norfolk
    State
    Virginia
    Longitude
    -76.2999401
    Latitude
    36.8822495

    Nearby Similar for Lease

    • $28 SF/Yr
      6,400 SF

      Downtown Norfolk Restaurant/Bar Space

      6,400 SF restaurant/bar with commercial kitchen for lease.
      241 Granby St, Norfolk, VA 23510
      View Details
    • $7 SF/Yr
      13,000 SF

      Norfolk Industrial Warehouse Space Available

      Industrial warehouse space with office, easy access, and ample parking.
      2850 Cromwell Rd, Norfolk, VA 23509
      View Details
    • $6,000 /Mo
      3,000 SF

      Office Space with Included Utilities

      First floor office suites with amenities and included utilities.
      6024 Virginia Beach Blvd, Norfolk, VA 23502
      View Details
    • $1.78 SF/Yr
      3,200 SF

      Office Space with Ample Parking

      Office spaces for lease, conveniently located near amenities.
      1512 E Little Creek Rd, Norfolk, VA 23518
      View Details
    • Contact for pricing
      1,500 SF

      Norfolk Retail Space for Lease

      Grocery-anchored shopping center space available in Norfolk, Virginia.
      2300-2376 E Little Creek Rd, Norfolk, VA 23518
      View Details
    • $22 SF/Yr
      6,757 SF

      Class A Office Space Norfolk

      Class A office building in Norfolk's financial district.
      300 E Main St, Norfolk, VA 23510
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in vibrant mixed-use development near university.
    Where is this shopping center located?
    The property is located at 4100-4502 Monarch Way Norfolk, VA.
    What are key features of this property?
    This property features: - Prime location adjacent to Chartway Arena at Old Dominion University.; - High foot traffic from students, faculty, and event attendees.; - Opportunity to join established dining tenants like Chick-fil-A and Panera.
    (757) 627-8611
    Request Owner's contact information
    4100-4502 Monarch Way Norfolk, VA 23508
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4100-4502 Monarch Way
    Norfolk, VA 23508
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4100-4502 Monarch Way Norfolk, VA 23508
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.