Four-Unit Retail
For Sale
Contact for pricing
Pending
3380 E Princess Anne Rd, Norfolk, VA 23502
Fully occupied retail property with two tenants and lease terms extending into 2030.
Property SizeContact for details
Days on Market142
Property Features for 3380 E Princess Anne Rd
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Stephen DeBoer
Listed By:
Stephen DeBoer · License #FLBO
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Sep 1 at 2:20AM
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 Stephen DeBoer
Investment Insights
Based on property information with market context.
This four-unit retail property is fully occupied by two tenants, with each tenant using two units. One established occupant has operated from its space since 2017 and recently extended its lease through September 2030. The second occupant is completing a beauty salon buildout under a lease running through January 2030. Both leases include personal guarantees.
Recent capital work includes exterior rebricking and painting, three rooftop HVAC replacements within the past two years, new rear doors, dumpster enclosure fencing, concrete sidewalks, and two electrical panels. The parking lot was seal-coated and restriped in June 2025. The roof is approximately 10 years old and reported in good condition. The property is located at 3380 E Princess Anne Rd in Norfolk, Virginia.
Recent capital work includes exterior rebricking and painting, three rooftop HVAC replacements within the past two years, new rear doors, dumpster enclosure fencing, concrete sidewalks, and two electrical panels. The parking lot was seal-coated and restriped in June 2025. The roof is approximately 10 years old and reported in good condition. The property is located at 3380 E Princess Anne Rd in Norfolk, Virginia.
Key Highlights
- Four‑unit retail building occupied by two tenants, with each tenant using two units
- One lease extends through September 2030; the second runs through January 2030
- Both tenant leases include personal guarantees
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
81k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Groceries 42%
Dining 10%
Home Improvements & Furnishings 2%
Wawa
Shops & Services
36,526 visits/mo
0.0 miles
Walmart Neighborhood Market
Groceries
33,722 visits/mo
0.1 miles
Waffle House
Dining
7,755 visits/mo
0.0 miles
U-Haul
Shops & Services
1,417 visits/mo
0.2 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
856 visits/mo
0.1 miles
Demographics for 23502, VA
20,547
Population
8,839
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
89%
High-School Grad
9.9 sq mi
ZIP Area
2,075
Density / Sq Mi
$66,467
Median Household Income
$37,213
Median Earnings
$1,335
Median Rent
$244,800
Median Home Value
Market
Vacancy Rate% for Retail in Norfolk, VA
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Frequently Asked Questions
What type of property is this?
Retail space - Fully occupied retail property with two tenants and lease terms extending into 2030.
Where is this retail space located?
The property is located at 3380 E Princess Anne Rd Norfolk, VA.
What are key features of this property?
This property features: Four‑unit retail building occupied by two tenants, with each tenant using two units; One lease extends through September 2030; the second runs through January 2030; Both tenant leases include personal guarantees
