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Retail Space in High-Traffic Area
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1551 Premium Outlets Blvd, Norfolk, VA

1,000 SF retail space with high visibility.

Space Size1,000 SF
Lot Size8.08 Acres
Days on Market1001

Property Features for 1551 Premium Outlets Blvd

General Information

Standard status Active
Size 1,000 SF
Lot size 8.08 Acres
Property subtype RETAIL

Spaces For Lease

at 1551 Premium Outlets Blvd Contact us

1551 Premium Outlets Blvd

Floor
1
Size
1,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 1,000 sf inline space available - Over 80,000 vehicles per day - New ±30,000 sf...
show more
Contact us

1551 Premium Outlets Blvd

Floor
1
Size
1,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Positioned at the entrance of Simon Premium Outlets Center with 330,000 SF of retail,...
show more
Contact us
Listing Agency: Cushman & Wakefield | Thalhimer - Virginia Beach
Listed By: Dean Martin
Source: Moodyscre
Added: Nov 27, 2023 Changed: Aug 8 Last Checked: Aug 23 at 8:52AM

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 Cushman & Wakefield | Thalhimer - Virginia Beach

Investment Insights

Based on property information with market context.

This property offers 1,000 square feet of inline retail space. The location benefits from high traffic volume, with over 80,000 vehicles passing by daily. A new retail development of approximately 30,000 square feet is underway. The retail space features a depth of 60 feet. The daytime population within a 3-mile radius exceeds 96,000.

Key Highlights

  • High traffic volume: Over 80,000 vehicles per day
  • Dense daytime population: Over 96,000 within 3 miles
  • New retail development: Part of a ±30,000 sf retail development

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,184
Businesses Nearby
49k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 46% Shops & Services 35% Hotels & Casinos 16% Electronics 3%
Burger King Dining
12,221 visits/mo 0.5 miles
Popeyes Louisiana Kitchen Dining
8,386 visits/mo 0.2 miles
Courtyard Norfolk Downtown Hotels & Casinos
7,811 visits/mo 0.5 miles
BP Shops & Services
7,022 visits/mo 0.2 miles
Ace Cash Express Shops & Services
3,676 visits/mo 0.2 miles

Market

Lease Benchmarks for Norfolk, VA

$15.2 /SF/Yr
Avg Asking Price
$1.68–$27.95 /SF/Yr
Price Range
4,893 SF
Avg Space Size

Vacancy Rate% for Retail in Norfolk, VA

7.9% 2019
9.3% 2020
8.7% 2021
7.9% 2022
6.9% 2023
6.6% 2024
6.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 1,000 SF retail space with high visibility.
Where is this retail space located?
The property is located at 1551 Premium Outlets Blvd Norfolk, VA.
What are key features of this property?
This property features: High traffic volume: Over 80,000 vehicles per day; Dense daytime population: Over 96,000 within 3 miles; New retail development: Part of a ±30,000 sf retail development
(757) 239-0694 Call to check price and availability
More about this property
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