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Retail Space in Ghent
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2301 Colley Avenue, Norfolk, VA 23517

Retail space with national tenants in a prime location.

Space SizeContact for details
Days on Market152

Property Features for 2301 Colley Avenue

General Information

Standard status Active
Property subtype Retail
Listing Agency: S.L. Nusbaum Realty Co - Corporate
Listed By: Pierce Jacobson
Source: Slnusbaum
Added: Mar 6 Changed: Jul 6 Last Checked: Aug 5 at 5:41AM

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 S.L. Nusbaum Realty Co - Corporate

Investment Insights

Based on property information with market context.

This commercial space is located in the heart of Ghent and is in close proximity to Old Dominion University. National tenants include Food Lion, Dollar General, and the United States Postal Service.

Key Highlights

  • Anchored by national tenants including Food Lion, Dollar General, and the United States Postal Service.
  • Located in the heart of Ghent.
  • Close proximity to Old Dominion University.

Property Analytics

Current Use

Dragon City Restaurant Andy's Beauty Salon Hair Salon Andy's Barber Shop Barber Shop Colley Village Shopping Center & Mall Virginia ABC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Law Firm Hotel & Motel Garden Center

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

1,724
Businesses Nearby
249k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 36% Dining 31% Shops & Services 29% Electronics 3%
Food Lion Grocery Store Groceries
27,154 visits/mo 0.1 miles
Aldi Groceries
24,449 visits/mo 0.2 miles
The Fresh Market Groceries
19,350 visits/mo 0.1 miles
7-Eleven Shops & Services
17,731 visits/mo 0.3 miles
Dollar Tree Shops & Services
17,446 visits/mo 0.5 miles

Demographics for 23517, VA

5,237
Population
2,901
Households
1.8
Avg Household Size
33
Median Age
55%
College-Educated
97%
High-School Grad
0.8 sq mi
ZIP Area
6,546
Density / Sq Mi
$63,556
Median Household Income
$46,689
Median Earnings
$1,397
Median Rent
$355,800
Median Home Value

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?
Shopping center - Retail space with national tenants in a prime location.
Where is this shopping center located?
The property is located at 2301 Colley Avenue Norfolk, VA.
What are key features of this property?
This property features: Anchored by national tenants including Food Lion, Dollar General, and the United States Postal Service.; Located in the heart of Ghent.; Close proximity to Old Dominion University.
More about this property
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