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Retail Space in Portsmouth Hub
For Lease
$20 SF/Yr

4020 Victory Boulevard, Portsmouth, VA 23701

Retail space for lease in Portsmouth's vibrant retail hub.

Space Size6,500 SF
Property Size72,800 SF
Days on Market173

Property Features for 4020 Victory Boulevard

General Information

Standard status Active
Size 6,500 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 72,800 SF

Spaces For Lease

at 4020 Victory Boulevard Contact us

Spaces 10 & 11 $20/SF/Yr

Size
6,500 SF
Term
Negotiable
Contact us
Listing Agency: Taylor Long Properties
Listed By: Robert Marshall · License #0225090856
Source: Taylorlongproperties
Added: Mar 6 Changed: Aug 15 Last Checked: Aug 25 at 6:44AM

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 Taylor Long Properties

Investment Insights

Based on property information with market context.

This 3,500 square foot retail space is available for lease in Portsmouth's retail hub. The property benefits from high street visibility on Victory Boulevard and Interstate 264, as well as superior ingress and egress. It is situated on the corner of Victory Boulevard and Interstate 264, offering easy interstate access. The location is near heavy daytime traffic generators, including Tidewater Community College and Norfolk Naval Shipyards. A new casino, Rivers Casino Portsmouth, is directly adjacent to the shopping center. Current tenants include GameStop and ABC Store. Pylon space is available on Victory Boulevard and Airline Boulevard.

Key Highlights

  • Directly adjacent to the new Rivers Casino Portsmouth.
  • Located in Portsmouth’s vibrant Retail Hub.
  • Join Ross Dress for Less & Five Below as tenants.

Property Analytics

Current Use

AMERICA’S BEST WINGS Restaurant H&R Block Tax Preparation Nail Affair 2 Nail Salon Beauty Xpress Hair Salon Victory African Hair ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply 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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

524
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for lease in Portsmouth's vibrant retail hub.
Where is this retail space located?
The property is located at 4020 Victory Boulevard Portsmouth, VA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Directly adjacent to the new Rivers Casino Portsmouth.; Located in Portsmouth’s vibrant Retail Hub.; Join Ross Dress for Less & Five Below as tenants.
More about this property
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