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Kroger NNN Grocery Property
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1401 N Main St, Suffolk, VA 23434

Kroger began operating here in December 2018 under a renewed lease and subleases space to Belk.

Property SizeContact for details
Days on Market142

Property Features for 1401 N Main St

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Forged Real Estate
Listed By: Marc Mandel · License #NJ
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 11:33AM

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 Forged Real Estate

Investment Insights

Based on property information with market context.

This NNN retail property is occupied by Kroger as its sole grocery tenant. Kroger renewed its lease and began operating at the location in December 2018. The tenant also subleases approximately 14,000 square feet to Belk, which occupies space in the adjoining property.

The store is positioned on Main Street within Suffolk’s retail corridor, at a fully signalized intersection with exposure to over 26,000 VPD. The surrounding retail environment includes Walmart, Lowe’s, Starbucks, Chick Fil A, and Panera. Suffolk is part of the Hampton Roads MSA and is located near Norfolk.

Key Highlights

  • Single‑tenant grocery property occupied by Kroger
  • Kroger renewed its lease and began operating at the site in December 2018
  • Approximately 14,000 square feet is subleased to Belk in the adjoining property

Property Analytics

Current Use

KeyMe Locksmiths Locksmith Kroger Pharmacy Pharmacy Kroger (Bike/Boat/Book/etc) Store Coinstar Atm SNOWFOX Sushi Take-out & Catering

Suggested Use

Top Pick Building Supply HVAC Service Real Estate Agency Law Firm Garden Center Storage Facility

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby
335k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 30% Superstores 25% Groceries 13% Home Improvements & Furnishings 11%
Walmart Superstores
84,560 visits/mo 0.4 miles
Kroger Groceries
37,638 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
36,787 visits/mo 0.4 miles
Belk Apparel
28,756 visits/mo 0.1 miles
Cook Out Dining
21,483 visits/mo 0.5 miles

Demographics for 23434, VA

51,430
Population
21,764
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
90%
High-School Grad
206.8 sq mi
ZIP Area
249
Density / Sq Mi
$75,798
Median Household Income
$47,291
Median Earnings
$1,242
Median Rent
$293,600
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
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Kroger began operating here in December 2018 under a renewed lease and subleases space to Belk.
Where is this nnn property located?
The property is located at 1401 N Main St Suffolk, VA.
What are key features of this property?
This property features: Single‑tenant grocery property occupied by Kroger; Kroger renewed its lease and began operating at the site in December 2018; Approximately 14,000 square feet is subleased to Belk in the adjoining property
(610) 608-2621 Call to check price and availability
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