Food Lion-Anchored Shopping
For Lease
Contact for pricing
5020 Ferrell Pkwy, Virginia Beach, VA 23464
Newly renovated shopping center fronting Ferrell Parkway with 48,225 VPD and a Food Lion anchor.
Space SizeContact for details
Property Size1,600 SF
Days on Market107
Property Features for 5020 Ferrell Pkwy
General Information
Standard status
Active
Size
1,600 SF
Property subtype
RETAIL
Listing Agency:
Divaris Real Estate - Richmond
(757) 333-4321
Listed By:
Kris Fuller
Source:
Moodyscre
Added: Apr 21
Changed: Jul 31
Last Checked: Aug 5 at 7:52AM
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 Divaris Real Estate - Richmond
Investment Insights
Based on property information with market context.
Parkway Marketplace is a newly renovated shopping center anchored by Food Lion. The property fronts heavily trafficked Ferrell Parkway with an estimated 48,225 VPD, supporting strong everyday retail visibility.
Located in central Virginia Beach, Parkway Marketplace benefits from dense surrounding population. The center also features a diverse tenant mix that includes grocery, restaurants, salons, financial, and service co-tenants.
This Food Lion-anchored configuration is suited for retailers and service users looking to draw consistent, high-frequency traffic in a densely populated trade area.
Located in central Virginia Beach, Parkway Marketplace benefits from dense surrounding population. The center also features a diverse tenant mix that includes grocery, restaurants, salons, financial, and service co-tenants.
This Food Lion-anchored configuration is suited for retailers and service users looking to draw consistent, high-frequency traffic in a densely populated trade area.
Key Highlights
- Newly renovated shopping center anchored by Food Lion
- Fronts Ferrell Parkway with estimated 48,225 VPD
- Diverse tenant mix includes grocery, restaurants, salons, financial, and service co‑tenants
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
123k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Groceries 42%
Dining 5%
Electronics 2%
Wawa
Shops & Services
59,319 visits/mo
0.2 miles
Harris Teeter
Groceries
25,113 visits/mo
0.3 miles
Food Lion Grocery Store
Groceries
21,217 visits/mo
0.1 miles
Virginia ABC
Groceries
5,477 visits/mo
0.1 miles
Little Caesars Pizza
Dining
5,385 visits/mo
0.4 miles
Demographics for 23464, VA
75,118
Population
29,267
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
94%
High-School Grad
16.7 sq mi
ZIP Area
4,498
Density / Sq Mi
$89,790
Median Household Income
$49,794
Median Earnings
$1,644
Median Rent
$339,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Parkway Marketplace — 5004 Ferrell Pkwy, Virginia Beach, VA 23464
- Shoppes At Lake James — 5347 Lila Ln, Virginia Beach, VA 23464
- Coinstar Kiosk | Bitcoin ATM — Food Lion, 5020 Ferrell Pkwy, Virginia Beach, VA 23464
- Indian Square Shopping Center — 5313 Indian River Rd, Virginia Beach, VA 23464
- Coinstar Kiosk | Bitcoin ATM — Harris Teeter, 5060 Ferrell Pkwy, Virginia Beach, VA 23464
Frequently Asked Questions
What type of property is this?
Shopping center - Newly renovated shopping center fronting Ferrell Parkway with 48,225 VPD and a Food Lion anchor.
Where is this shopping center located?
The property is located at 5020 Ferrell Pkwy Virginia Beach, VA.
What are key features of this property?
This property features: Newly renovated shopping center anchored by Food Lion; Fronts Ferrell Parkway with estimated 48,225 VPD; Diverse tenant mix includes grocery, restaurants, salons, financial, and service co‑tenants
