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Norfolk Commercial Space For Lease
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301 W 24th St, Norfolk, VA 23517

Commercial space available for lease in Norfolk, Virginia.

Space Size25,707 SF
Days on Market796

Property Features for 301 W 24th St

General Information

Standard status Active
Size 25,707 SF
Property subtype Industrial, Restaurant
Lease Type NNN

Building Details

Building Size 25,707 SF
Tenancy Multiple

Spaces For Lease

at 301 W 24th St Contact us

Available Space

Size
25,707 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Cushman & Wakefield Thalhimer - Norfolk/Virginia Beach, Virginia
Listed By: Brett Sain · License #VA 0225244493
Source: Crexi
Added: Jun 25, 2024 Changed: Aug 25 Last Checked: Aug 29 at 1:35AM

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 - Norfolk/Virginia Beach, Virginia

Investment Insights

Based on property information with market context.

This commercial space, located at 301 W 24th St in Norfolk, Virginia, is available for lease. The property is suitable for industrial or restaurant use.

Key Highlights

  • For Lease

Property Analytics

Current Use

Industrial properties

Suggested Use

Top Pick Dental Office Law Firm Carpet & Flooring Store Nursing Home Kitchen & Bath Showroom Pet Grooming 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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,737
Businesses Nearby

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

Lease Benchmarks for Norfolk, VA

$10.92 /SF/Yr
Avg Asking Price
$9.75–$12 /SF/Yr
Price Range
16,212 SF
Avg Space Size

This space is priced 8% below the average of $10.92 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Commercial space available for lease in Norfolk, Virginia.
Where is this industrial property located?
The property is located at 301 W 24th St Norfolk, VA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: For Lease
More about this property
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