Neighborhood Retail Shopping
For Sale
Contact for pricing
2300 E Little Creek Road, Norfolk, VA 23518
Decades of operating history and long-tenured retailers support stable traffic from a dense middle-income trade area.
Property SizeContact for details
Days on Market65
Property Features for 2300 E Little Creek Road
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Tenancy
Multi
Listing Agency:
Divaris Real Estate - Richmond
(757) 560-9064
Listed By:
Kris Fuller
(757) 560-9064
Source:
Divaris
Added: Jun 2
Changed: Jul 10
Last Checked: Aug 5 at 4:32AM
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 Divaris Real Estate - Richmond
Investment Insights
Based on property information with market context.
Roosevelt Gardens is an established neighborhood retail shopping center with more than 50 years of operating history. The tenant mix includes 15 retailers that have called the center home for more than 10 years, along with six retailers operating for 20 years or more. The center is anchored by a strong roster of national and daily traffic generators, including Save-A-Lot, Cato, Wells Fargo, Hibbett Sports, Dunkin Donuts, and Pizza Hut, with several largest tenants carrying terms beyond 2024.
The property is located at 2300 E Little Creek Road in Norfolk, Virginia, within the densely populated E Little Creek submarket. The surrounding area is described as middle-income neighborhoods, with approximately 87,000 residents within a 3-mile radius. Additionally, approximately 132,549 military and private sector employees work within five miles, supporting consistent demand for everyday retail.
With its long-standing tenant stability and proven ability to retain both national operators and smaller shop retailers, Roosevelt Gardens is well-suited for investors and operators seeking a steady neighborhood retail platform. The center’s demonstrated fit for middle-income consumer needs may appeal to retailers looking for a reliable customer base and durable co-tenancy.
The property is located at 2300 E Little Creek Road in Norfolk, Virginia, within the densely populated E Little Creek submarket. The surrounding area is described as middle-income neighborhoods, with approximately 87,000 residents within a 3-mile radius. Additionally, approximately 132,549 military and private sector employees work within five miles, supporting consistent demand for everyday retail.
With its long-standing tenant stability and proven ability to retain both national operators and smaller shop retailers, Roosevelt Gardens is well-suited for investors and operators seeking a steady neighborhood retail platform. The center’s demonstrated fit for middle-income consumer needs may appeal to retailers looking for a reliable customer base and durable co-tenancy.
Key Highlights
- Over 50 years of operating history with a loyal, long‑tenured retailer base at Roosevelt Gardens
- 15 retailers have been at the property for more than 10 years; 6 retailers have operated there for 20 years
- National and daily traffic generators include Save‑A‑Lot, Cato, Wells Fargo, Hibbett Sports, Dunkin Donuts, and Pizza Hut
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
185k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 32%
Dining 23%
Apparel 22%
Groceries 13%
Marshalls
Apparel
28,911 visits/mo
0.4 miles
Food Lion Grocery Store
Groceries
19,818 visits/mo
0.3 miles
Big Lots
Superstores
18,991 visits/mo
0.4 miles
Dollar Tree
Shops & Services
18,175 visits/mo
0.2 miles
7-Eleven
Shops & Services
13,688 visits/mo
0.4 miles
Demographics for 23518, VA
30,278
Population
13,911
Households
2.2
Avg Household Size
37
Median Age
32%
College-Educated
91%
High-School Grad
6.1 sq mi
ZIP Area
4,964
Density / Sq Mi
$73,899
Median Household Income
$47,605
Median Earnings
$1,348
Median Rent
$280,200
Median Home Value
Market
Vacancy Rate% for Retail in Norfolk, VA
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Frequently Asked Questions
What type of property is this?
Shopping center - Decades of operating history and long-tenured retailers support stable traffic from a dense middle-income trade area.
Where is this shopping center located?
The property is located at 2300 E Little Creek Road Norfolk, VA.
What are key features of this property?
This property features: Over 50 years of operating history with a loyal, long‑tenured retailer base at Roosevelt Gardens; 15 retailers have been at the property for more than 10 years; 6 retailers have operated there for 20 years; National and daily traffic generators include Save‑A‑Lot, Cato, Wells Fargo, Hibbett Sports, Dunkin Donuts, and Pizza Hut
