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 Size1,600 SF
Days on Market153
Property Features for 5020 Ferrell Pkwy
General Information
Standard status
Active
Size
1,600 SF
Property subtype
RETAIL
Spaces For Lease
at 5020 Ferrell Pkwy Contact us- Floor
- 1
- Size
- 1,600 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
5020 Ferrell Pkwy
- Parkway Marketplace is a newly renovated Food Lion anchored center fronting heavily...
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Contact us
Listing Agency:
Divaris Real Estate - Richmond
(804) 643-4700
Listed By:
Kris Fuller
(757) 333-4321
Source:
Moodyscre
Added: Apr 21
Changed: Sep 2
Last Checked: Sep 19 at 10:30AM
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
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
173k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Groceries 41%
Dining 9%
Electronics 1%
Wawa
Shops & Services
59,319 visits/mo
0.1 miles
Harris Teeter
Groceries
25,113 visits/mo
0.1 miles
Food Lion Grocery Store
Groceries
21,217 visits/mo
0.1 miles
Aldi
Groceries
18,959 visits/mo
0.4 miles
7-Eleven
Shops & Services
10,062 visits/mo
0.5 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
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Market
Vacancy Rate% for Retail in South region
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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
