Adaptive Reuse Retail
For Lease
Contact for pricing
2401 Hampton Blvd, Norfolk, VA 23508
Adaptive reuse retail space with flexible leasing options to occupy an entire building or smaller suites.
Property Size1,464 SF
Days on Market976
Property Features for 2401 Hampton Blvd
General Information
Standard status
Active
Size
1,464 SF
Property subtype
RETAIL
Additional Details
Divisible
Yes
Listing Agency:
Colliers | Norfolk
(757) 617-2222
Listed By:
Ned Brooks · License #0225113184
(757) 617-2222
Source:
Moodyscre
Added: Nov 27, 2023
Changed: Jul 30
Last Checked: Jul 30 at 11:19AM
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 Colliers | Norfolk
Investment Insights
Based on property information with market context.
Adaptive reuse retail space within Railyard at Lambert’s Point, a 120,000 SF retail site in the west Ghent submarket of Norfolk, VA. The property consists of adaptive reuse buildings and may be occupied in its entirety or as small spaces, supporting a range of retail footprint needs. The available space measures 1,464 SF.
The site is positioned south of Naval Station Norfolk and Old Dominion University, and north of the Sentara Regional Medical Complex. The surrounding Railroad District includes hundreds of new apartment buildings coming online next door, while nearby historical neighborhoods are described as higher-income and well-educated.
CAM, taxes, and insurance are mentioned as operating expenses, though no additional structure or dollar amounts are carried in this summary. Tenants can pursue either a larger-format occupancy or smaller-suite approach depending on the desired retail layout.
The site is positioned south of Naval Station Norfolk and Old Dominion University, and north of the Sentara Regional Medical Complex. The surrounding Railroad District includes hundreds of new apartment buildings coming online next door, while nearby historical neighborhoods are described as higher-income and well-educated.
CAM, taxes, and insurance are mentioned as operating expenses, though no additional structure or dollar amounts are carried in this summary. Tenants can pursue either a larger-format occupancy or smaller-suite approach depending on the desired retail layout.
Key Highlights
- 1,464 SF adaptive reuse retail space
- May be occupied in entirety or as small spaces
- Part of a 120,000 SF retail site at Railyard at Lambert’s Point
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,115
Businesses Nearby
147k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Groceries 35%
Shops & Services 18%
Electronics 1%
Food Lion Grocery Store
Groceries
27,154 visits/mo
0.4 miles
McDonald's
Dining
26,212 visits/mo
0.5 miles
The Fresh Market
Groceries
19,350 visits/mo
0.4 miles
7-Eleven
Shops & Services
17,731 visits/mo
0.1 miles
Taco Bell
Dining
11,181 visits/mo
0.4 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
$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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Adaptive reuse retail space with flexible leasing options to occupy an entire building or smaller suites.
Where is this retail space located?
The property is located at 2401 Hampton Blvd Norfolk, VA.
What are key features of this property?
This property features: 1,464 SF adaptive reuse retail space; May be occupied in entirety or as small spaces; Part of a 120,000 SF retail site at Railyard at Lambert’s Point
