Large Shopping Center with Anchor
For Sale
Contact for pricing
Pending
6101 N Military Hwy, Norfolk, VA 23518
Established retail center with an existing Dollar Tree tenancy and prominent corner positioning.
Property Size190,000 SF
Days on Market142
Property Features for 6101 N Military Hwy
General Information
Standard status
Pending
Size
190,000 SF
Property subtype
Retail, Mixed Use, Land, Self Storage
Additional Details
Corner Location
Yes
Building Details
Tenancy
Multi
Listing Agency:
Southeastern Development Brokerage Consulting
Listed By:
Tyler Martin, CCIM · License #GA 373607
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 7:41AM
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 Southeastern Development Brokerage Consulting
Investment Insights
Based on property information with market context.
Norview Center is a 190,000-square-foot shopping center at the intersection of N. Military Hwy and Norview Ave in Norfolk. Approximately 180,000 square feet was formerly occupied by Super Kmart, providing a substantial anchor-oriented configuration within the center. Dollar Tree currently leases 10,791 square feet and has one five-year renewal option remaining.
The property benefits from significant roadway exposure, with reported traffic volumes of 30,000 vehicles per day on Military Hwy and 25,000 vehicles per day on Norview Ave. Combined traffic on the two roads exceeds 55,000 vehicles per day. The center’s corner location and existing retail occupancy create a clearly defined commercial setting for continued shopping-center use.
The property benefits from significant roadway exposure, with reported traffic volumes of 30,000 vehicles per day on Military Hwy and 25,000 vehicles per day on Norview Ave. Combined traffic on the two roads exceeds 55,000 vehicles per day. The center’s corner location and existing retail occupancy create a clearly defined commercial setting for continued shopping-center use.
Key Highlights
- 190,000‑square‑foot shopping center at N. Military Hwy and Norview Ave
- Approximately 180,000 square feet was formerly occupied by Super Kmart
- Dollar Tree occupies 10,791 square feet
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
208k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Groceries 27%
Dining 14%
Wawa
Shops & Services
36,547 visits/mo
0.2 miles
Food Lion Grocery Store
Groceries
29,421 visits/mo
0.2 miles
Royal Farms
Shops & Services
27,442 visits/mo
0.1 miles
Wendy's
Dining
26,849 visits/mo
0.1 miles
Dollar Tree
Shops & Services
16,403 visits/mo
0.1 miles
Demographics for 23518, VA
30,278
Population
13,911
Households
2.2
Avg Household Size
37
Median Age
32%
College-Educated
91%
High-School Grad
6.1 sq mi
ZIP Area
4,964
Density / Sq Mi
$73,899
Median Household Income
$47,605
Median Earnings
$1,348
Median Rent
$280,200
Median Home Value
Market
Vacancy Rate% for Retail in Norfolk, VA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Established retail center with an existing Dollar Tree tenancy and prominent corner positioning.
Where is this shopping center located?
The property is located at 6101 N Military Hwy Norfolk, VA.
What are key features of this property?
This property features: 190,000‑square‑foot shopping center at N. Military Hwy and Norview Ave; Approximately 180,000 square feet was formerly occupied by Super Kmart; Dollar Tree occupies 10,791 square feet
