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Anchored Power Center Retail Space

1261 North Military Highway Norfolk, VA 23502

1261 North Military Highway, Norfolk, VA, 23502
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For Sale
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Centrally located power center anchored by Target, Home Depot, and Food Lion with multiple entrances and available storefronts.

Property Size11,097 SF
Days on Market47

Property Features for 1261 North Military Highway

General Information

Standard status
Active
Size
11,097 SF
Property subtype
Retail

Properties For Sale

at 1261 North Military Highway Contact us
Listing Agency Divaris Real Estate - Richmond
Listed by Kris Fuller
Source Divaris
Added: Jun 2 Checked: Jul 17 at 7:19 am

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 Divaris Real Estate - Richmond


Investment Insights

Based on property information with market context.

This anchored power center features a mix of retail and dining with Target, Home Depot, and Food Lion serving as principal anchors. The center includes approximately 30 retailers and restaurants and presents strong shopper convenience through convenient parking, multiple access points, and visible retail positioning. Available space includes a 11,097 SF former Party City unit and a 1,440 SF fully built-out former hair salon, offering options for tenants with different footprint needs.

Broad Creek is positioned in Norfolk’s dominant retail corridor and draws from a regional trade area given its proximity to both I-64 and I-264. The property has about a half-mile of frontage and is served by three separate entrances, supporting straightforward customer access and visibility for retailers seeking dependable foot traffic. Public remarks also note that the Military Highway expansion is complete to address increasing traffic counts.

For tenants and operators, this is an opportunity to join an established, high-traffic retail environment with national anchors and a broad tenant mix. The availability of both a larger former department-style space and a smaller built-out storefront can support a range of retail concepts while benefiting from the center’s existing retail draw.

Key Highlights

  • Anchored power center in Norfolk’s retail corridor with Target, Home Depot, and Food Lion
  • Half‑mile frontage with three separate entrances for retailer and customer access
  • 30 retailers and restaurants on‑site, supporting a regional draw

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Compact Power Equipment ... (Bike/Boat/Book/etc) Store Penske Truck Rental Car Rental Facility Tool & Truck Rental ... Rental Equipment Company Pro Desk at The Home ... Big Box & Wholesale Store The Home Depot Building Supply

Suggested Use

Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Veterinary Clinic Kitchen & Bath Showroom Auto Parts Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Acupuncture Pet Grooming Service

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

Similar Off Market Nearby

  • Janaf Shopping Center — 5900 E Virginia Beach Blvd, Norfolk, VA 23502
  • Coinstar Kiosk | Bitcoin ATM — Food Lion, 1235 North Military Hwy, Norfolk, VA 23502
  • Bay Square Shopping Center — 5026 E Princess Anne Rd, Norfolk, VA 23502
  • Coinstar Kiosk - Bitcoin ATM — Food Lion, 1235 N Military Hwy, Norfolk, VA 23502

FAQs

What type of property is this?
Shopping center - Centrally located power center anchored by Target, Home Depot, and Food Lion with multiple entrances and available storefronts.
Where is this shopping center located?
The property is located at 1261 North Military Highway Norfolk, VA.
What are key features of this property?
This property features: Anchored power center in Norfolk’s retail corridor with Target, Home Depot, and Food Lion; Half‑mile frontage with three separate entrances for retailer and customer access; 30 retailers and restaurants on‑site, supporting a regional draw
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