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Retail Space with Drive-Thru Lanes
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131 W Ocean View Ave, Norfolk, VA

Retail space with drive-thru lanes and high visibility.

Property Size2,950 SF
Lot Size7.48 Acres
Days on Market1375

Property Features for 131 W Ocean View Ave

General Information

Standard status Active
Size 2,950 SF
Lot size 7.48 Acres
Property subtype RETAIL
Listing Agency: S.L. Nusbaum Realty Co - Corporate
Listed By: Tyler Jacobson
Source: Moodyscre
Added: Oct 27, 2022 Changed: Jul 6 Last Checked: Jul 21 at 6:43AM

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 S.L. Nusbaum Realty Co - Corporate

Investment Insights

Based on property information with market context.

Available for rent is a retail space offering 3,000 square feet. The property, formerly a bank building outparcel, includes two drive-thru lanes. Situated on a 0.52752-acre lot, the endcap unit provides significant visibility from Ocean View Avenue.

Key Highlights

  • Endcap unit with high visibility on Ocean View Avenue
  • Former bank building with 2 drive‑thru lanes
  • Outparcel location

Property Analytics

Current Use

BB&T Insurance Services Insurance Agency BB&T ATM Atm

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

366
Businesses Nearby
107k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Groceries 29% Shops & Services 19% Electronics 1%
Harris Teeter Groceries
26,709 visits/mo 0.1 miles
Burger King Dining
13,321 visits/mo 0.1 miles
McDonald's Dining
12,490 visits/mo 0.1 miles
Dollar Tree Shops & Services
12,073 visits/mo 0.2 miles
KFC Dining
9,293 visits/mo 0.1 miles

Market

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?
Bank - Retail space with drive-thru lanes and high visibility.
Where is this bank located?
The property is located at 131 W Ocean View Ave Norfolk, VA.
What are key features of this property?
This property features: Endcap unit with high visibility on Ocean View Avenue; Former bank building with 2 drive‑thru lanes; Outparcel location
(757) 640-5435 Call to check price and availability
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