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Retail Space Near Naval Station
For Lease
$1,400/Mo

230 E Little Creek Rd, Norfolk, VA 23505

Retail spaces available near Interstate 64 and Naval Station.

Property Size10,000 SF
Lot Size1.10 Acres
Days on Market74

Property Features for 230 E Little Creek Rd

General Information

Standard status Active
Size 10,000 SF
Lot size 1.10 Acres
Property subtype Retail
Listing Agency: Norfolk - Main
Listed By: Natalie Hucke
Source: Colliers
Added: May 18 Changed: Jul 10 Last Checked: Jul 30 at 2:35AM

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 Norfolk - Main

Investment Insights

Based on property information with market context.

This new development offers retail spaces in a high-profile location off Interstate 64, situated in the Wards Corner submarket. The property is near the intersection of East Little Creek Road and Granby Street, which experiences high traffic volume. Small shop spaces are available starting from 1,400 square feet, and a 1.1-acre outparcel is also available. The surrounding area includes retailers such as Harris Teeter, Starbucks, Chipotle, Dollar Tree, Wendy’s, Taco Bell, McDonalds, and Black Rifle Coffee. The property is located in close proximity to Naval Station Norfolk.

Key Highlights

  • High profile location off Interstate 64 in Wards Corner.
  • Close proximity to Naval Station Norfolk.
  • Near East Little Creek and Granby Street intersection.

Property Analytics

Current Use

higi Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Auto Parts Store

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
$0.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

450
Businesses Nearby
208k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Groceries 27% Shops & Services 17% Electronics 2%
Harris Teeter Groceries
51,946 visits/mo 0.2 miles
McDonald's Dining
23,028 visits/mo 0.1 miles
Starbucks Dining
15,129 visits/mo 0.1 miles
Taco Bell Dining
14,551 visits/mo 0.2 miles
Wendy's Dining
13,360 visits/mo 0.1 miles

Demographics for 23505, VA

27,785
Population
13,715
Households
2
Avg Household Size
32
Median Age
32%
College-Educated
91%
High-School Grad
6.6 sq mi
ZIP Area
4,210
Density / Sq Mi
$55,678
Median Household Income
$40,814
Median Earnings
$1,279
Median Rent
$318,600
Median Home Value

Market

Lease Benchmarks for Norfolk, VA

$14.55 /SF/Yr
Avg Asking Price
$1.68–$27.95 /SF/Yr
Price Range
7,742 SF
Avg Space Size

This space is priced 88% below the average of $14.55 /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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available near Interstate 64 and Naval Station.
Where is this retail space located?
The property is located at 230 E Little Creek Rd Norfolk, VA.
What is the lease rate?
The lease rate is $1,400 /Mo.
What are key features of this property?
This property features: High profile location off Interstate 64 in Wards Corner.; Close proximity to Naval Station Norfolk.; Near East Little Creek and Granby Street intersection.
More about this property
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