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Retail Space on Granby Street
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7623-7657 Granby St, Norfolk, VA

Retail space with excellent exposure and high traffic volume.

Space Size1,680 SF
Lot Size3.68 Acres
Days on Market680

Property Features for 7623-7657 Granby St

General Information

Standard status Active
Size 1,680 SF
Lot size 3.68 Acres
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood Wards Corner

Spaces For Lease

at 7623-7657 Granby St
7627 - 7657 Granby St $16/SF/Yr
Floor 1
Size 1,680 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Available – 1,200 square feet - Excellent exposure - $16.00 PSF/NNN - 30,000 VPD through the intersection of granby street and little creek road.
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Listing Agency: Cushman & Wakefield | Thalhimer - Virginia Beach
Listed By: Ted Levin
Source: Moodyscre
Added: Dec 20, 2024 Changed: Oct 25 Last Checked: Oct 30 at 4:51PM

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 Cushman & Wakefield | Thalhimer - Virginia Beach

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail space offers 1,200 square feet and excellent exposure. The location benefits from a high traffic volume of 30,000 vehicles per day at the intersection of Granby Street and Little Creek Road. The lease rate is $16.00 per square foot on a NNN basis.

Key Highlights

  • Excellent exposure
  • High traffic volume: 30,000 VPD at the intersection
  • Available 1,200 square feet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Big Box & Wholesale Store Skin Care Clinic

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

452
Businesses Nearby
204k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Groceries 28% Shops & Services 15% Electronics 3%
Harris Teeter Groceries
51,946 visits/mo 0.3 miles
McDonald's Dining
23,028 visits/mo 0.3 miles
Starbucks Dining
15,129 visits/mo 0.3 miles
Taco Bell Dining
14,551 visits/mo 0.3 miles
Wendy's Dining
13,360 visits/mo 0.3 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
4,212 SF
Avg Space Size

This space is priced 3% below the average of $16.46 /SF/Yr.

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 with excellent exposure and high traffic volume.
Where is this retail space located?
The property is located at 7623-7657 Granby St Norfolk, VA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Excellent exposure; High traffic volume: 30,000 VPD at the intersection; Available 1,200 square feet
(757) 647-3788 Call to check price and availability
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