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Neighborhood Retail Center with Grocery Space
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4520-4644 George Washington Hwy, Portsmouth, VA 23702

Second-generation grocery space and flexible small shop space available within a high-visibility Portsmouth retail center.

Property Size750 SF - 9,600 SF
Days on Market81

Property Features for 4520-4644 George Washington Hwy

General Information

Standard status Active
Size 750 SF - 9,600 SF
Net Rentable 750 SF
Property subtype RETAIL

Space & Availability

Available Space 750-9,600 SF
Contiguous Space 9,600 SF

Building Details

Tenancy Multi
Listing Agency: Colliers | Norfolk
Listed By: George Fox · License #VA0225079080
Source: Moodyscre
Added: May 13 Changed: Jul 31 Last Checked: Aug 1 at 2:52AM

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 Colliers | Norfolk

Investment Insights

Based on property information with market context.

Williams Court II is a high-visibility neighborhood retail center offering a second-generation grocery opportunity totaling 9,600 SF, formerly occupied by Dollar General. In addition to the grocery space, the center includes flexible small shop space starting at 750 SF, suited for neighborhood-serving retail and service users.

The center is located along the Victory Blvd / George Washington Hwy corridor in Portsmouth, VA, positioned to benefit from strong surrounding rooftops and consistent daily traffic. Its proximity to the Norfolk Naval Shipyard, a major employment hub with thousands of military and civilian personnel, supports steady daytime population and consumer demand.

The mix of grocery-focused space and smaller shop suites is designed to accommodate retailers and service concepts looking for established neighborhood traffic patterns along a heavily traveled route.

Key Highlights

  • 9,600 SF second‑generation grocery opportunity (former Dollar General)
  • Flexible small shop space starting at 750 SF
  • High‑visibility neighborhood retail center along the Victory Blvd / George Washington Hwy corridor

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Pharmacy 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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

359
Businesses Nearby
81k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 76% Shops & Services 23% Hotels & Casinos 1%
McDonald's Dining
23,071 visits/mo 0.2 miles
Wendy's Dining
12,155 visits/mo 0.3 miles
Dollar Tree Shops & Services
11,130 visits/mo 0.3 miles
Dunkin' Donuts Dining
6,916 visits/mo 0.1 miles
Arby's Dining
6,754 visits/mo 0.1 miles

Demographics for 23702, VA

12,239
Population
5,278
Households
2.3
Avg Household Size
33
Median Age
9%
College-Educated
91%
High-School Grad
2.4 sq mi
ZIP Area
5,100
Density / Sq Mi
$48,288
Median Household Income
$35,716
Median Earnings
$1,228
Median Rent
$188,600
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
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Similar Off Market Nearby

  • Afton Shopping Center — 104 Afton Pkwy, Portsmouth, VA 23702
  • Afton Shopping Center — 3815 George Washington Hwy, Portsmouth, VA 23702
  • Coinstar Kiosk | Bitcoin ATM — Food Lion, 2012 Victory Road, Portsmouth, VA 23702
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Frequently Asked Questions

What type of property is this?
Shopping center - Second-generation grocery space and flexible small shop space available within a high-visibility Portsmouth retail center.
Where is this shopping center located?
The property is located at 4520-4644 George Washington Hwy Portsmouth, VA.
What are key features of this property?
This property features: 9,600 SF second‑generation grocery opportunity (former Dollar General); Flexible small shop space starting at 750 SF; High‑visibility neighborhood retail center along the Victory Blvd / George Washington Hwy corridor
(757) 333-4380 Call to check price and availability
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