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Plug-and-Play Restaurant Suite
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4500 Hampton Boulevard, Norfolk, VA 23508

Second-generation, fully equipped restaurant space on the first floor of a SpringHill Suites hotel.

Space SizeContact for details
Days on Market48

Property Features for 4500 Hampton Boulevard

General Information

Standard status Active
Property subtype Retail

Additional Details

Furnished Yes
Listing Agency: CBRE - Norfolk
Listed By: Jeff Parker, CCIM · License #0225054798
Source: Cbre
Added: Jul 23 Changed: Sep 3 Last Checked: Sep 8 at 5:58AM

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 CBRE - Norfolk

Investment Insights

Based on property information with market context.

This plug-and-play restaurant/bar space offers a second-generation buildout with existing FF&E. The property consists of a fully equipped, move-in-ready setup on the first floor of a SpringHill Suites hotel.

Located in the heart of Old Dominion University’s campus, the space benefits from direct placement on Hampton Boulevard and is within walking distance of the campus.

With convenient hotel integration and a functional, equipped interior in place, the space is designed for operators seeking an immediately usable restaurant environment.

Key Highlights

  • Plug‑and‑play, second‑generation restaurant/bar space with full FF&E included
  • ±2,631 SF restaurant located on the first floor of an upscale SpringHill Suites hotel
  • Restaurant is directly on Hampton Boulevard

Property Analytics

Current Use

SpringHill Suites Norfolk ... Hotel & Motel Monarch Recovery Sports ... Restaurant

Suggested Use

Top Pick Building Supply Law Firm Dental Office Big Box & Wholesale Store Auto Parts Store Skin Care Clinic

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

851
Businesses Nearby
73k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 87% Shops & Services 7% Hotels & Casinos 6%
McDonald's Dining
26,212 visits/mo 0.2 miles
Taco Bell Dining
11,181 visits/mo 0.3 miles
Dunkin' Donuts Dining
10,229 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
8,904 visits/mo 0.1 miles
Insomnia Cookies Dining
4,636 visits/mo 0.2 miles

Demographics for 23508, VA

20,485
Population
7,112
Households
2.9
Avg Household Size
27
Median Age
56%
College-Educated
93%
High-School Grad
3.3 sq mi
ZIP Area
6,208
Density / Sq Mi
$74,524
Median Household Income
$24,975
Median Earnings
$1,381
Median Rent
$384,800
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation, fully equipped restaurant space on the first floor of a SpringHill Suites hotel.
Where is this conventional restaurant located?
The property is located at 4500 Hampton Boulevard Norfolk, VA.
What are key features of this property?
This property features: Plug‑and‑play, second‑generation restaurant/bar space with full FF&E included; ±2,631 SF restaurant located on the first floor of an upscale SpringHill Suites hotel; Restaurant is directly on Hampton Boulevard
More about this property
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