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Grocery-Anchored Shopping Center
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4000-4016 Victory Blvd, Portsmouth, VA 23701

Retail hub component with multiple service-oriented tenants and access from a major intersection.

Property Size108,713 SF
Days on Market144

Property Features for 4000-4016 Victory Blvd

General Information

Standard status Active
Size 108,713 SF
Property subtype Retail

Site & Location

Corner Location Yes
Anchor Co-Tenants Farm Fresh, Lowe's Home Improvement, Shopper's World
Traffic Count 30,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Colliers - Los Angeles - Orange County, California
Listed By: Eric Carlton · License #CA 01809955
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 6:31PM

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 - Los Angeles - Orange County, California

Investment Insights

Based on property information with market context.

Victory Crossing is a grocery-anchored shopping center comprising approximately 108,713 SF within an approximately 425,000 SF retail hub. Farm Fresh serves as the primary grocery anchor, while the tenant roster includes Payless Shoes, SunTrust Bank, Rent A Center, and The UPS Store. The center also benefits from shadow anchors Lowe’s Home Improvement and Shopper’s World.

The property occupies the corner of Victory Boulevard and Interstate 264 in Portsmouth, Virginia, with reported daily traffic exceeding 30,000 vehicles. Its tenant mix combines grocery, banking, shipping, rental, and footwear services in one retail setting, supporting a broad range of everyday consumer needs.

Key Highlights

  • Approximately 108,713 SF portion of an approximately 425,000 SF retail hub
  • Anchored by Farm Fresh grocery store
  • Corner position at Victory Boulevard and Interstate 264

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Pharmacy 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

30,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby
Well-served
Demand for This Use

Demographics for 23701, VA

24,629
Population
10,318
Households
2.4
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,199
Density / Sq Mi
$63,389
Median Household Income
$44,633
Median Earnings
$1,313
Median Rent
$218,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Victory West Shopping Center Victory West Shopping Center, Portsmouth, VA 23701
  • Coinstar Farm Fresh, 4000 Victory Blvd, Portsmouth, VA 23701
  • Victory Crossing Shopping Center 4000 Victory Blvd, Portsmouth, VA 23701
  • Coin Cloud Bitcoin ATM 4000 Victory Blvd, Portsmouth, VA 23701
  • Alexander's Corner Shops 2558 Airline Blvd, Portsmouth, VA 23701

Frequently Asked Questions

What type of property is this?
Shopping center - Retail hub component with multiple service-oriented tenants and access from a major intersection.
Where is this shopping center located?
The property is located at 4000-4016 Victory Blvd Portsmouth, VA.
What are key features of this property?
This property features: Approximately 108,713 SF portion of an approximately 425,000 SF retail hub; Anchored by Farm Fresh grocery store; Corner position at Victory Boulevard and Interstate 264
(949) 724-5561 Call to check price and availability
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