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Retail Space for Lease
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550 Saint Pauls Blvd, Norfolk, VA 23510

Retail space with 26 parking spaces and anticipated delivery in September 2025 at 550 Saint Pauls Blvd.

Property Size2,504 SF
Days on Market448

Property Features for 550 Saint Pauls Blvd

General Information

Standard status Active
Size 2,504 SF
Total Parking Spaces 26
Property subtype RETAIL

Additional Details

Available From 2025-09
Listing Agency: Commonwealth Commercial
Listed By: Stanton McDuffie
Source: Moodyscre
Added: May 9, 2025 Changed: Jul 30 Last Checked: Jul 30 at 3:00AM

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 Commonwealth Commercial

Investment Insights

Based on property information with market context.

Retail space offered for lease at 550 Saint Pauls Blvd in Norfolk, VA. The property totals 2,504 square feet and includes 26 commercial parking spaces to support customer visits.

The layout is positioned for retail and office users, with the space being well-suited for uses such as a pharmacy, corner store, fast-casual grab and go concepts, and coffee shop operations.

Anticipated delivery is September 2025, providing a timeline for users planning a move-in around that date.

Key Highlights

  • 2,504 SF retail space at 550 Saint Pauls Blvd, Norfolk, VA 23510
  • 26 commercial parking spaces available
  • Anticipated delivery: September 2025

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Electrical Service Auto Repair Shop

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

2,345
Businesses Nearby
73k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 63% Dining 21% Groceries 11% Hotels & Casinos 4%
Exxon Shops & Services
19,763 visits/mo 0.4 miles
Rally's Dining
13,010 visits/mo 0.4 miles
Virginia ABC Groceries
7,861 visits/mo 0.3 miles
BP Shops & Services
7,022 visits/mo 0.3 miles
7-Eleven Shops & Services
4,156 visits/mo 0.3 miles

Demographics for 23510, VA

8,778
Population
4,948
Households
1.8
Avg Household Size
33
Median Age
52%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
7,980
Density / Sq Mi
$75,621
Median Household Income
$53,132
Median Earnings
$1,574
Median Rent
$349,700
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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with 26 parking spaces and anticipated delivery in September 2025 at 550 Saint Pauls Blvd.
Where is this retail space located?
The property is located at 550 Saint Pauls Blvd Norfolk, VA.
What are key features of this property?
This property features: 2,504 SF retail space at 550 Saint Pauls Blvd, Norfolk, VA 23510; 26 commercial parking spaces available; Anticipated delivery: September 2025
(757) 306-1536 Call to check price and availability
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