Drug Store Building with
For Lease
Contact for pricing
525 W 21st St, Norfolk, VA 23517
The building fronts West 21st Street and is surrounded by Aldi, Total Wine, and Panera Bread.
Space Size10,646 SF
Days on Market206
Property Features for 525 W 21st St
General Information
Standard status
Active
Size
10,646 SF
Property subtype
RETAIL
Spaces For Lease
at 525 W 21st St Contact us- Floor
- Bldg
- Size
- 10,646 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
525 W 21st St $26/SF/Yr
- Freestanding former drug store building with drive-thru, located directly on West...
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Listing Agency:
Colliers | Norfolk
(757) 450-5198
Listed By:
Chris Read
(757) 450-5198
Source:
Moodyscre
Added: Feb 6
Changed: Aug 30
Last Checked: Jul 27 at 8:28AM
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.
This freestanding former drug store building offers 10,646 SF of retail space and includes a drive-thru configuration. The property is positioned directly on West 21st Street, providing a standalone setting for commercial occupancy.
The surrounding retail environment includes Aldi, Total Wine, Panera Bread, Starbucks, Dollar Tree, and additional retailers. The combination of a freestanding building, existing drive-thru feature, and established nearby retail creates a clearly defined commercial setting for a prospective tenant.
The surrounding retail environment includes Aldi, Total Wine, Panera Bread, Starbucks, Dollar Tree, and additional retailers. The combination of a freestanding building, existing drive-thru feature, and established nearby retail creates a clearly defined commercial setting for a prospective tenant.
Key Highlights
- 10,646 SF freestanding former drug store building
- Existing drive‑thru feature
- Located directly on West 21st Street
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,230
Businesses Nearby
270k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 47%
Dining 26%
Shops & Services 23%
Electronics 2%
Harris Teeter
Groceries
38,729 visits/mo
0.2 miles
Food Lion Grocery Store
Groceries
27,154 visits/mo
0.4 miles
Aldi
Groceries
24,449 visits/mo
0.2 miles
The Fresh Market
Groceries
19,350 visits/mo
0.4 miles
Dollar Tree
Shops & Services
17,446 visits/mo
0.2 miles
Demographics for 23517, VA
5,237
Population
2,901
Households
1.8
Avg Household Size
33
Median Age
55%
College-Educated
97%
High-School Grad
0.8 sq mi
ZIP Area
6,546
Density / Sq Mi
$63,556
Median Household Income
$46,689
Median Earnings
$1,397
Median Rent
$355,800
Median Home Value
Market
Vacancy Rate% for Retail in Norfolk, VA
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Similar Off Market Nearby
- Farm Fresh Pharmacy — 601 Children's Ln, Norfolk, VA 23507
- CHKD Outpatient Pharmacy — 601 Children's Ln #101, Norfolk, VA 23507
- Rebecca M. Deuvall, PharmD — 600 Gresham Dr, Norfolk, VA 23507, United States
- Michelle K. Atie, PharmD — 600 Gresham Dr, Norfolk, VA 23507
- Deangelo Mark A — 600 Gresham Dr, Norfolk, VA 23507
Frequently Asked Questions
What type of property is this?
Drug store - The building fronts West 21st Street and is surrounded by Aldi, Total Wine, and Panera Bread.
Where is this drug store located?
The property is located at 525 W 21st St Norfolk, VA.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 10,646 SF freestanding former drug store building; Existing drive‑thru feature; Located directly on West 21st Street
