Street-Level Retail in Class A
For Lease
Contact for pricing
440 Monticello Ave, Norfolk, VA 23510
Street-level retail space within a Class A office tower with established nearby dining and retail tenants.
Space Size4,945 SF
Property Size255,000 SF
Days on Market182
Property Features for 440 Monticello Ave
General Information
Standard status
Active
Size
4,945 SF
Total Parking Spaces
1857
Property subtype
RETAIL
Site & Location
Neighborhood
Downtown
Building Details
Building Size
255,000 SF
Spaces For Lease
at 440 Monticello Ave
440 Monticello Ave
AVAILABLE, Now
Floor
Lobby
Size
4,945 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- Located within a 255,000 SF, Class A office tower with 50,000 SF of street-level retail space
- 1,857 on-site parking spaces, including reserved spaces for take-out customers
- Neighboring tenants include: Buffalo Wild Wings, Saffron Indian Bistro, 7-Eleven, Sushi King and Twisted Crab!
- Sits just below Monticello Station, a 121-unit luxury apartment community
- Downtown Norfolk submarket has 2,682 apartment units with an additional 537 units under construction and a vacancy rate of only 5.1%
- Immediately adjacent to Chrysler Hall, Scope Arena, and 931,000 SF MacArthur Center Mall
Contact us
Listing Agency:
S L Nusbaum Realty Co - Corporate
(757) 627-8611
Listed By:
Lindsay Bangel
(757) 263-4847
Source:
Moodyscre
Added: May 4
Changed: Oct 25
Last Checked: Nov 1 at 8:35AM
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 S L Nusbaum Realty Co - Corporate
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Investment Insights
Based on property information with market context.
This street-level retail space is located within a 255,000 SF, Class A office tower that includes 50,000 SF of street-level retail space. The property also benefits from 1,857 on-site parking spaces, including reserved spaces for take-out customers.
Tenant synergy in the immediate area includes Buffalo Wild Wings, Saffron Indian Bistro, 7-Eleven, Sushi King, and Twisted Crab. The location sits just below Monticello Station, a 121-unit luxury apartment community.
The surrounding entertainment and retail draw includes adjacency to Chrysler Hall, Scope Arena, and the 931,000 SF MacArthur Center Mall, supporting a strong mix of day and evening foot traffic.
Tenant synergy in the immediate area includes Buffalo Wild Wings, Saffron Indian Bistro, 7-Eleven, Sushi King, and Twisted Crab. The location sits just below Monticello Station, a 121-unit luxury apartment community.
The surrounding entertainment and retail draw includes adjacency to Chrysler Hall, Scope Arena, and the 931,000 SF MacArthur Center Mall, supporting a strong mix of day and evening foot traffic.
Key Highlights
- Within a 255,000 SF Class A office tower with 50,000 SF of street‑level retail
- 1,857 on‑site parking spaces, including reserved take‑out customer spaces
- Neighboring tenants include Buffalo Wild Wings, Saffron Indian Bistro, 7‑Eleven, Sushi King, and Twisted Crab
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,730
Businesses Nearby
74k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 48%
Dining 26%
Hotels & Casinos 14%
Groceries 11%
Exxon
Shops & Services
19,763 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
8,386 visits/mo
0.3 miles
Virginia ABC
Groceries
7,861 visits/mo
0.4 miles
Courtyard Norfolk Downtown
Hotels & Casinos
7,811 visits/mo
0.3 miles
BonChon Chicken
Dining
7,492 visits/mo
0.2 miles
Demographics for 23510, VA
8,778
Population
4,948
Households
1.8
Avg Household Size
33
Median Age
52%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
7,980
Density / Sq Mi
$75,621
Median Household Income
$53,132
Median Earnings
$1,574
Median Rent
$349,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Norfolk, VA
$16.46 /SF/Yr
Avg Asking Price
$9.75–$27.95 /SF/Yr
Price Range
4,212 SF
Avg Space Size
Vacancy Rate% for Retail in Norfolk, VA
Frequently Asked Questions
What type of property is this?
Retail space - Street-level retail space within a Class A office tower with established nearby dining and retail tenants.
Where is this retail space located?
The property is located at 440 Monticello Ave Norfolk, VA.
What are key features of this property?
This property features: Within a 255,000 SF Class A office tower with 50,000 SF of street‑level retail; 1,857 on‑site parking spaces, including reserved take‑out customer spaces; Neighboring tenants include Buffalo Wild Wings, Saffron Indian Bistro, 7‑Eleven, Sushi King, and Twisted Crab
