Freestanding Two-Story Retail
For Lease
Contact for pricing
701 Tidewater Drive, Norfolk, VA 23504
C-2 General Business zoning and a flexible layout accommodate single-tenant or multi-tenant retail use.
Space SizeContact for details
Days on Market109
Property Features for 701 Tidewater Drive
General Information
Standard status
Active
Property subtype
Retail
Zoning
C-12
Additional Details
Road Access
Yes
Building Details
Stories
2
Listing Agency:
(757) 364-6442
Listed By:
Sharon Holmstrom
(757) 364-6442
Source:
Cbre
Added: May 16
Changed: Aug 30
Last Checked: Aug 31 at 1:00PM
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 Sharon Holmstrom
Investment Insights
Based on property information with market context.
Located at 701 Tidewater Drive in Norfolk’s Brambleton area, this freestanding commercial property contains approximately 5,000 square feet across two stories. The building offers a flexible configuration for either a single occupant or multiple tenants, with C-2 General Business zoning supporting its commercial positioning.
The property is adjacent to Norfolk’s Kindred redevelopment and sits along the Tidewater Drive corridor. Downtown Norfolk, Norfolk State University, and major transportation routes are minutes away, placing the building within an established Norfolk commercial area.
The property is adjacent to Norfolk’s Kindred redevelopment and sits along the Tidewater Drive corridor. Downtown Norfolk, Norfolk State University, and major transportation routes are minutes away, placing the building within an established Norfolk commercial area.
Key Highlights
- Approximately 5,000 square feet in a two‑story freestanding commercial building
- Flexible configuration for single‑tenant or multi‑tenant occupancy
- C‑2 (General Business) zoning
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,916
Businesses Nearby
57k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 36%
Electronics 4%
7-Eleven
Shops & Services
17,489 visits/mo
0.5 miles
Burger King
Dining
12,221 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
8,386 visits/mo
0.4 miles
BP
Shops & Services
7,022 visits/mo
0.2 miles
Ace Cash Express
Shops & Services
3,676 visits/mo
0.2 miles
Demographics for 23504, VA
22,465
Population
9,462
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
83%
High-School Grad
4.1 sq mi
ZIP Area
5,479
Density / Sq Mi
$43,156
Median Household Income
$26,707
Median Earnings
$872
Median Rent
$259,500
Median Home Value
Market
Lease Benchmarks for Norfolk, VA
$19.75 /SF/Yr
Avg Asking Price
$11.33–$27.95 /SF/Yr
Price Range
2,382 SF
Avg Space Size
Vacancy Rate% for Retail in Norfolk, VA
Questions? Ask Rey
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Similar Off Market Nearby
- Norfolk Wholesale Floral — 601 E Brambleton Ave, Norfolk, VA 23510
Frequently Asked Questions
What type of property is this?
Storefront property - C-2 General Business zoning and a flexible layout accommodate single-tenant or multi-tenant retail use.
Where is this storefront property located?
The property is located at 701 Tidewater Drive Norfolk, VA.
What are key features of this property?
This property features: Approximately 5,000 square feet in a two‑story freestanding commercial building; Flexible configuration for single‑tenant or multi‑tenant occupancy; C‑2 (General Business) zoning
