Endcap Retail
For Lease
Contact for pricing
5072 Ferrell Pkwy, Virginia Beach, VA 23464
Salon improvements include plumbing, water heaters, and partially new HVAC.
Space Size2,428 SF
Days on Market157
Property Features for 5072 Ferrell Pkwy
General Information
Standard status
Active
Size
2,428 SF
Net Rentable
2,428 SF
Property subtype
RETAIL
Space & Availability
Available Space
1,000-2,428 SF
Contiguous Space
2,428 SF
Divisible
Yes
Space Use
Salon
Site & Location
End Cap
Yes
Anchor Co-Tenants
Harris Teeter, Wawa, Sunday's Blue Box, Little Caesars
Building Details
Tenancy
Multi
Spaces For Lease
at 5072 Ferrell Pkwy
5072 Ferrell Pkwy
AVAILABLE, Now
Floor
1
Size
2,428 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- 2,428 SF Endcap Unit - Can be Subdivided into Approximately 1,000 SF Endcap & 1,428 SF
- Salon upgrades include plumbing and water heaters; equipment will not remain, but some may be purchased
- Current configuration of salon:
- 8 stations and 3 shampoo bowls with a break room on the interior side
- 5 stations, 2 shampoo bowls and 3 dryers on the endcap side
- Partially new HVAC
- Located in a high-traffic center anchored by Harris Teeter, ensuring steady customer flow.
- Prominent intersection frontage at Ferrell Parkway (48,225 VPD) and Indian River Road (15,500 VPD)
- Surrounded by dense residential neighborhoods and a strong daytime population.
- Join a dynamic tenant mix including Harris Teeter, Wawa, Sunday’s Blue Box, and Little Caesars
Contact us
Listing Agency:
Colliers | Norfolk
(757) 490-3300
Listed By:
Kevin OKeefe · License #0225054935
(757) 217-1885
Source:
Moodyscre
Added: May 13
Changed: Oct 15
Last Checked: Oct 16 at 10:45AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,428-square-foot endcap retail unit is configured for salon use and may be divided into an approximately 1,000-square-foot endcap and a 1,428-square-foot space. Existing improvements include plumbing for salon operations, water heaters, and partially new HVAC. Salon fixtures and equipment are excluded from the offering, although some items may be available for separate purchase.
The center is anchored by Harris Teeter and includes Wawa, Sunday’s Blue Box, and Little Caesars. The property fronts the intersection of Ferrell Parkway and Indian River Road, with reported traffic volumes of 48,225 VPD and 15,500 VPD, respectively. Surrounding residential neighborhoods and daytime population support the center’s established commercial setting.
The current salon layout includes 8 stations and 3 shampoo bowls with an interior break room, plus 5 stations, 2 shampoo bowls, and 3 dryers in the endcap portion.
The center is anchored by Harris Teeter and includes Wawa, Sunday’s Blue Box, and Little Caesars. The property fronts the intersection of Ferrell Parkway and Indian River Road, with reported traffic volumes of 48,225 VPD and 15,500 VPD, respectively. Surrounding residential neighborhoods and daytime population support the center’s established commercial setting.
The current salon layout includes 8 stations and 3 shampoo bowls with an interior break room, plus 5 stations, 2 shampoo bowls, and 3 dryers in the endcap portion.
Key Highlights
- 2,428 SF endcap retail unit with subdivision potential
- Approximately 1,000 SF endcap and 1,428 SF additional space in proposed division
- Salon plumbing, water heaters, and partially new HVAC
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
230k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Groceries 31%
Dining 29%
Electronics 1%
Wawa
Shops & Services
59,319 visits/mo
0.2 miles
Harris Teeter
Groceries
25,113 visits/mo
0.1 miles
Food Lion Grocery Store
Groceries
21,217 visits/mo
0.3 miles
Aldi
Groceries
18,959 visits/mo
0.3 miles
Taco Bell
Dining
17,198 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
Market
Lease Benchmarks for Virginia Beach, VA
$17.17 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
5,042 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Salon improvements include plumbing, water heaters, and partially new HVAC.
Where is this retail space located?
The property is located at 5072 Ferrell Pkwy Virginia Beach, VA.
What are key features of this property?
This property features: 2,428 SF endcap retail unit with subdivision potential; Approximately 1,000 SF endcap and 1,428 SF additional space in proposed division; Salon plumbing, water heaters, and partially new HVAC
