Adaptive Reuse Retail
For Lease
Contact for pricing
2401 Hampton Blvd, Norfolk, VA 23508
Flexible retail space within an adaptive reuse project, available for occupancy as a whole or in smaller areas.
Space SizeContact for details
Property Size120,000 SF
Days on Market982
Property Features for 2401 Hampton Blvd
General Information
Standard status
Active
Size
120,000 SF
Property subtype
RETAIL
Building Details
Building Size
120,000 SF
Listing Agency:
Colliers | Norfolk
(757) 617-2222
Listed By:
Ned Brooks · License #0225113184
(757) 617-2222
Source:
Moodyscre
Added: Nov 27, 2023
Changed: Jul 31
Last Checked: Aug 5 at 4:50AM
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.
This 2,229-square-foot retail space is part of Railyard at Lambert’s Point, a 120,000 SF adaptive reuse retail site in Norfolk’s west Ghent submarket. The property can be occupied in its entirety or configured for smaller spaces, providing flexibility for retail users seeking space within a larger redevelopment project.
Railyard at Lambert’s Point is located south of Naval Station Norfolk and Old Dominion University, and north of the Sentara Regional Medical Complex. The surrounding context includes the Railroad District, where hundreds of new apartment buildings are coming online, along with historical neighborhoods identified in the property information as having high incomes and education levels.
Railyard at Lambert’s Point is located south of Naval Station Norfolk and Old Dominion University, and north of the Sentara Regional Medical Complex. The surrounding context includes the Railroad District, where hundreds of new apartment buildings are coming online, along with historical neighborhoods identified in the property information as having high incomes and education levels.
Key Highlights
- 2,229‑square‑foot retail space
- Part of Railyard at Lambert’s Point, a 120,000 SF retail site
- Adaptive reuse buildings can be occupied in entirety or as small spaces
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
5,398 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 - Flexible retail space within an adaptive reuse project, available for occupancy as a whole or in smaller areas.
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: 2,229‑square‑foot retail space; Part of Railyard at Lambert’s Point, a 120,000 SF retail site; Adaptive reuse buildings can be occupied in entirety or as small spaces
