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Retail and Medical Shopping Center
For Lease
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201 E Berkley Ave, Norfolk, VA 23523

Anchor grocery space may be available alongside an operating 10,000 sf medical facility and a gas station site with tanks.

Space Size1,840 SF
Days on Market170

Property Features for 201 E Berkley Ave

General Information

Standard status Active
Size 1,840 SF
Property subtype RETAIL

Site & Location

Neighborhood Berkley
Highway Access Yes

Spaces For Lease

at 201 E Berkley Ave
201 E Berkley Ave AVAILABLE, Now
Floor 1
Size 1,840 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Anchor grocery site potentially available (27,805 sf) - 10,000 sf medical facility open now - Gas station site with tanks in the ground available - Heavy daytime traffic driven by the Shipyard - Easy access to I-464 - Minutes from Downtown Norfolk - Co-tenants include America’s Best Wings, Family Dollar, China Town & Concentra
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Listing Agency: Colliers | Norfolk
Listed By: Natalie Hucke
Source: Moodyscre
Added: May 12 Changed: Oct 25 Last Checked: Oct 26 at 8:25PM

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 | Norfolk

Rey
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Investment Insights

Based on property information with market context.

This shopping center offers a mix of available and in-place uses, including an anchor grocery site that may be available, as well as a 10,000 sf medical facility that is open now. Also available is a gas station site with tanks in the ground.

The property is positioned for convenient regional access with easy entry to I-464 and is minutes from Downtown Norfolk. Public remarks indicate heavy daytime traffic driven by the Shipyard.

Co-tenants referenced include America’s Best Wings, Family Dollar, China Town, and Concentra, supporting a day-to-day retail and service environment.

Key Highlights

  • Potential 27,805 SF anchor grocery space available
  • 10,000 SF medical facility is open now
  • Gas station site with tanks in the ground is available

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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 Auto Parts Store Electrical Service Bakery Plumbing Service (Bike/Boat/Book/etc) 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

237
Businesses Nearby
3k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
3,163 visits/mo 0.1 miles

Demographics for 23523, VA

7,061
Population
3,472
Households
2
Avg Household Size
33
Median Age
13%
College-Educated
82%
High-School Grad
2.1 sq mi
ZIP Area
3,362
Density / Sq Mi
$37,189
Median Household Income
$35,456
Median Earnings
$986
Median Rent
$222,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • T And C Customs (South Norfolk General Store) — 610 Liberty St, Chesapeake, VA 23324
  • Coin Cloud Bitcoin ATM — 201 E Berkley Ave, Norfolk, VA 23523

Frequently Asked Questions

What type of property is this?
Shopping center - Anchor grocery space may be available alongside an operating 10,000 sf medical facility and a gas station site with tanks.
Where is this shopping center located?
The property is located at 201 E Berkley Ave Norfolk, VA.
What are key features of this property?
This property features: Potential 27,805 SF anchor grocery space available; 10,000 SF medical facility is open now; Gas station site with tanks in the ground is available
(757) 217-1882 Call to check price and availability
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