Renovated Retail
For Lease
Contact for pricing
5020 Ferrell Pkwy, Virginia Beach, VA 23464
Food Lion anchors a diverse center with restaurant, salon, financial, and service co-tenants.
Space Size1,100 SF
Days on Market589
Property Features for 5020 Ferrell Pkwy
General Information
Standard status
Active
Size
1,100 SF
Property subtype
RETAIL
Additional Details
Road Access
Yes
Spaces For Lease
at 5020 Ferrell Pkwy Contact us- Floor
- 1
- Size
- 1,100 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
5020 Ferrell Pkwy
- Parkway Marketplace is a newly renovated Food Lion anchored center fronting heavily...
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Contact us
Listing Agency:
Divaris Real Estate - Richmond
(757) 333-4321
Listed By:
Kris Fuller
Source:
Moodyscre
Added: Jan 17, 2025
Changed: Aug 8
Last Checked: Aug 29 at 3:58PM
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 1,100-square-foot retail space is located within Parkway Marketplace, a newly renovated shopping center anchored by Food Lion. The center’s tenant mix includes grocery, restaurants, salons, financial services, and other service-oriented businesses.
Parkway Marketplace fronts Ferrell Parkway in Virginia Beach and benefits from reported traffic of 48,225 VPD. The property is located at 5020 Ferrell Pkwy, Virginia Beach, VA 23464, providing a retail setting within central Virginia Beach.
Parkway Marketplace fronts Ferrell Parkway in Virginia Beach and benefits from reported traffic of 48,225 VPD. The property is located at 5020 Ferrell Pkwy, Virginia Beach, VA 23464, providing a retail setting within central Virginia Beach.
Key Highlights
- 1,100‑square‑foot retail space
- Newly renovated Parkway Marketplace
- Food Lion‑anchored center
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
173k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Groceries 41%
Dining 9%
Electronics 1%
Wawa
Shops & Services
59,319 visits/mo
0.1 miles
Harris Teeter
Groceries
25,113 visits/mo
0.1 miles
Food Lion Grocery Store
Groceries
21,217 visits/mo
0.1 miles
Aldi
Groceries
18,959 visits/mo
0.4 miles
7-Eleven
Shops & Services
10,062 visits/mo
0.5 miles
Demographics for 23464, VA
75,118
Population
29,267
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
94%
High-School Grad
16.7 sq mi
ZIP Area
4,498
Density / Sq Mi
$89,790
Median Household Income
$49,794
Median Earnings
$1,644
Median Rent
$339,300
Median Home Value
Market
Lease Benchmarks for Virginia Beach, VA
$17.75 /SF/Yr
Avg Asking Price
$12–$20 /SF/Yr
Price Range
4,069 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Food Lion anchors a diverse center with restaurant, salon, financial, and service co-tenants.
Where is this retail space located?
The property is located at 5020 Ferrell Pkwy Virginia Beach, VA.
What are key features of this property?
This property features: 1,100‑square‑foot retail space; Newly renovated Parkway Marketplace; Food Lion‑anchored center
