Anchored Power Center Retail
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
(757) 560-9064
Listed by
Kris Fuller
(757) 560-9064
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.
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
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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