Listing Agency: Colliers | Norfolk n***@colliers.com Show Phone

Listed By: Natalie Hucke

Source: Moodyscre

Added: Jul 16, 2025 Changed: Jul 6 Last Checked: Jul 30 at 2:33AM

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Investment Insights

Based on property information with market context.

Retail spaces are available for rent, including a potential gas station site with pumps already installed. The location benefits from heavy daytime traffic due to its proximity to the Shipyard and offers easy access to I-464. It is also located minutes from Downtown Norfolk. A new 27,805 square foot Berkley Supermarket has recently opened in this underserved grocery market. Current co-tenants include Berkley Supermarket, Family Dollar, Sal’s Pizza & China Town.

Key Highlights

• Anchored by new 27,805 sf Berkley Supermarket in an underserved grocery market.
• Heavy daytime traffic driven by the Shipyard.
• Potential gas station site with pumps in place.

Property Analytics

Property Profile

Current Use

Sal's NY Pizza Restaurant Berkley Center Grocery & Convenience Store Berkeley soul food ... Restaurant Margo Bitcoin ATM Atm Bank of America ATM Atm

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Auto Parts Store Electrical Service Bakery Plumbing Service

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

237

Businesses Nearby

3k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Family Dollar Shops & Services

3,163 visits/mo 0.1 miles

Market

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

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Retail spaces available near Berkley Supermarket, Norfolk.

Where is this grocery and convenience store located?

The property is located at 201 E Berkley Ave Norfolk, VA.

What are key features of this property?

This property features: Anchored by new 27,805 sf Berkley Supermarket in an underserved grocery market.; Heavy daytime traffic driven by the Shipyard.; Potential gas station site with pumps in place.