Retail Space at Old
For Lease
Contact for pricing
4100-4502 Monarch Way, Norfolk, VA 23508
Vibrant retail space in a busy college community.
Space Size3,558 SF - 3,897 SF
Property Size49,875 SF
Days on Market173
Property Features for 4100-4502 Monarch Way
General Information
Standard status
Active
Size
3,558 SF - 3,897 SF
Property subtype
Retail
Building Details
Building Size
49,875 SF
Spaces For Lease
at 4100-4502 Monarch Way Contact us- Size
- 3,558 SF
- Term
- Negotiable
- Rate
- Contact for pricing
Building 2 - Suite E-F
- Size
- 3,897 SF
- Term
- Negotiable
- Rate
- Contact for pricing
Building 4 - Suite A-C
Listing Agency:
S.L. Nusbaum Realty Co - Corporate
(757) 640-2235
Listed By:
Brody Tucker
Source:
Slnusbaum
Added: Mar 6
Changed: Aug 25
Last Checked: Aug 25 at 6:41AM
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 S.L. Nusbaum Realty Co - Corporate
Investment Insights
Based on property information with market context.
Located on Monarch Way at Old Dominion University, this retail property offers a dynamic environment for businesses. The mixed-use property is adjacent to Chartway Arena and experiences high foot traffic from students, faculty, and families attending events. One space remains available, presenting an opportunity to join dining options such as Chick-fil-A, Panera, Hangry Joe's, and Insomnia Cookies. The ground floor spaces are visible from Hampton Boulevard and are part of the residential neighborhood for over 24,000 students. Two second-generation restaurant spaces are available, including one endcap unit. Unit XXXXX has a hood system in place.
Key Highlights
- Prime location adjacent to Chartway Arena at Old Dominion University with high foot traffic.
- Opportunity to join established popular dining options (Chick‑fil‑A, Panera, etc.).
- Located within a mixed‑use development serving a residential neighborhood of 24,000+ students.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
998
Businesses Nearby
116k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 27%
Hotels & Casinos 4%
McDonald's
Dining
26,212 visits/mo
0.1 miles
7-Eleven
Shops & Services
17,731 visits/mo
0.4 miles
Taco Bell
Dining
11,181 visits/mo
0.2 miles
Dunkin' Donuts
Dining
10,229 visits/mo
0.2 miles
Chipotle Mexican Grill
Dining
8,904 visits/mo
0.3 miles
Demographics for 23508, VA
20,485
Population
7,112
Households
2.9
Avg Household Size
27
Median Age
56%
College-Educated
93%
High-School Grad
3.3 sq mi
ZIP Area
6,208
Density / Sq Mi
$74,524
Median Household Income
$24,975
Median Earnings
$1,381
Median Rent
$384,800
Median Home Value
Market
Lease Benchmarks for Norfolk, VA
$15.2 /SF/Yr
Avg Asking Price
$1.68–$27.95 /SF/Yr
Price Range
4,893 SF
Avg Space Size
Vacancy Rate% for Retail in Norfolk, VA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Vibrant retail space in a busy college community.
Where is this retail space 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 with high foot traffic.; Opportunity to join established popular dining options (Chick‑fil‑A, Panera, etc.).; Located within a mixed‑use development serving a residential neighborhood of 24,000+ students.
