5-Bay Auto
For Lease
$7,500/Mo
5421 Tidewater Drive, Norfolk, VA 23509
Commercial/Industrial, Norfolk, VA
Space Size3,005 SF
Lot Size0.83 Acres
Days on Market50
Property Features for 5421 Tidewater Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
C-2
Subdivision
LAKEWOOD - 138
Standard status
Active
Size
3,005 SF
Lot size
0.83 Acres
Utilities
Cooling system
Wall/Window Unit(s)
Building Details
Year built
1963
Listing Agency:
Proactive Real Estate Services
(757) 383-9510
Listed By:
Billy Wilson
(757) 361-0106
Added: Jul 17
Changed: Aug 24
Last Checked: Sep 4 at 7:06AM
MLS# 10644882
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Investment Insights
Based on property information with market context.
This 3,005-square-foot automotive facility includes five service bays along with dedicated office and reception areas. The building is situated on a 0.8286-acre parcel and was built in 1963, with wall/window unit cooling serving the property.
Located at 5421 Tidewater Drive in Norfolk, the property carries C-2 zoning. Its existing configuration is suited to automotive services or auto body repair, and the offering includes a five-year lease term.
Located at 5421 Tidewater Drive in Norfolk, the property carries C-2 zoning. Its existing configuration is suited to automotive services or auto body repair, and the offering includes a five-year lease term.
Key Highlights
- 3,005‑square‑foot automotive facility
- Five service bays
- Office and reception areas
Property Analytics
Property Profile
Current Use
Lease Details
5
Service bays
NNN (Triple Net)
Lease Type
$4.49 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
69k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 48%
Shops & Services 43%
Home Improvements & Furnishings 8%
Food Lion Grocery Store
Groceries
33,061 visits/mo
0.2 miles
7-Eleven
Shops & Services
9,383 visits/mo
0.4 miles
Family Dollar
Shops & Services
6,959 visits/mo
0.2 miles
Citgo
Shops & Services
5,954 visits/mo
0.1 miles
Exxon
Shops & Services
5,724 visits/mo
0.4 miles
Demographics for 23509, VA
12,963
Population
5,920
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
86%
High-School Grad
2.5 sq mi
ZIP Area
5,185
Density / Sq Mi
$70,715
Median Household Income
$38,850
Median Earnings
$1,259
Median Rent
$238,500
Median Home Value
Market
Vacancy Rate% for Retail in Norfolk, VA
Questions? Ask Rey
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Similar Off Market Nearby
- J M Auto & Truck Repair — 3340 Cromwell Dr, Norfolk, VA 23509
- Lemsy Automotive — 3351 Lyons Ave, Norfolk, VA 23509
- Action Transmission & Engine Specialist — 3518 Argonne Ave, Norfolk, VA 23509
- Autoexcellence — 3514 Argonne Ave, Norfolk, VA 23509, United States
- Willowwood Service Center — 5421 Tidewater Dr, Norfolk, VA 23509
Frequently Asked Questions
What type of property is this?
Auto shop - Office and reception areas complement the automotive service layout.
Where is this auto shop located?
The property is located at 5421 Tidewater Drive Norfolk, VA.
What is the lease rate?
The lease rate is $7,500/Mo.
What are key features of this property?
This property features: 3,005‑square‑foot automotive facility; Five service bays; Office and reception areas
