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Convenience-Driven Retail Shopping Center
For Lease
$15 SF/Yr NNN

4000 Victory Boulevard, Portsmouth, VA 23701

Victory Crossing Shopping Center is anchored by Farm Fresh with a Lowe’s shadow anchor and offers neighborhood-serving retail space.

Space Size5,800 SF - 7,350 SF
Property Size108,713 SF
Days on Market95

Property Features for 4000 Victory Boulevard

General Information

Standard status Active
Size 5,800 SF - 7,350 SF
Property subtype Retail
Lease Type NNN
Lease Term NNN

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 108,713 SF
Tenancy Multi

Spaces For Lease

at 4000 Victory Boulevard Contact us

4010E $15/SF/Yr

Size
7,350 SF
Term
Negotiable
Contact us

4012C $15/SF/Yr

Size
5,800 SF
Term
Negotiable
Contact us
Listing Agency: Divaris Real Estate - Richmond
Listed By: Benjamin Clarke
Source: Divaris
Added: Jun 3 Changed: Aug 23 Last Checked: Sep 5 at 4:09AM

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.

Victory Crossing Shopping Center is a well-established value-oriented retail center anchored by Farm Fresh. The center is approximately 500,000 SF and also benefits from a shadow anchor by Lowe’s Home Improvement. Current tenants include Dollar Tree, Pizza Hut, Ashley Stewart, Rent-A-Center, and The UPS Store, supporting a mix of neighborhood and service-oriented retail.

The property is positioned at the corner of Victory Boulevard and Interstate 264 in Southside Hampton Roads, providing strong visibility and access. Additional retail draw is associated with its proximity to Rivers Casino.

Space can be structured as smaller shops at a higher rate or larger spaces at a lower rate, with NNN terms reflected in the provided lease-rate range.

Key Highlights

  • Approximately 500,000 SF retail shopping center anchored by Farm Fresh
  • Includes a Lowe’s Home Improvement shadow anchor
  • Located at the corner of Victory Boulevard and Interstate 264 in Southside Hampton Roads

Property Analytics

Current Use

Farm Fresh Specialty Food Shop higi Physician See Food And Eat ... Restaurant Coinstar Atm Victory Crossing Shopping ... Shopping Center & Mall

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Pharmacy Big Box & Wholesale 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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby
Well-served
Demand for This Use

Demographics for 23701, VA

24,629
Population
10,318
Households
2.4
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,199
Density / Sq Mi
$63,389
Median Household Income
$44,633
Median Earnings
$1,313
Median Rent
$218,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Victory West Shopping Center Victory West Shopping Center, Portsmouth, VA 23701
  • Coinstar Farm Fresh, 4000 Victory Blvd, Portsmouth, VA 23701
  • Victory Crossing Shopping Center 4000 Victory Blvd, Portsmouth, VA 23701
  • Coin Cloud Bitcoin ATM 4000 Victory Blvd, Portsmouth, VA 23701
  • Alexander's Corner Shops 2558 Airline Blvd, Portsmouth, VA 23701

Frequently Asked Questions

What type of property is this?
Shopping center - Victory Crossing Shopping Center is anchored by Farm Fresh with a Lowe’s shadow anchor and offers neighborhood-serving retail space.
Where is this shopping center located?
The property is located at 4000 Victory Boulevard Portsmouth, VA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Approximately 500,000 SF retail shopping center anchored by Farm Fresh; Includes a Lowe’s Home Improvement shadow anchor; Located at the corner of Victory Boulevard and Interstate 264 in Southside Hampton Roads
More about this property
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