Listing Agency: Creoteric Commercial Real Estate m***@creoteric.com Show Phone

Listed By: Missy Martinovich · License #0225130592

Source: Moodyscre

Added: Jun 18, 2025 Changed: Aug 10 Last Checked: Aug 29 at 4:59PM

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Investment Insights

Based on property information with market context.

This fully leased retail property, encompassing 16,200 square feet, is situated near the Wards Corner district of Norfolk, Virginia. The location benefits from a dynamic mix of retail shops, dining options, and entertainment venues, contributing to high customer traffic. This property presents an investment opportunity due to its location and existing tenant base.

Key Highlights

• Fully leased property, providing immediate rental income.
• Located near the high‑traffic Wards Corner district of Norfolk, VA.
• Surrounded by a dynamic mix of retail, dining, and entertainment.

Property Analytics

Property Profile

Current Use

Dollar Tree Discount Store Cannabist Dispensary Norfolk (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Big Box & Wholesale Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

452

Businesses Nearby

204k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 54% Groceries 28% Shops & Services 15% Electronics 3%

Harris Teeter Groceries

51,946 visits/mo 0.3 miles

McDonald's Dining

23,028 visits/mo 0.3 miles

Starbucks Dining

15,129 visits/mo 0.3 miles

Taco Bell Dining

14,551 visits/mo 0.3 miles

Wendy's Dining

13,360 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in Norfolk, VA

7.9% 2019

9.3% 2020

8.7% 2021

7.9% 2022

6.9% 2023

6.6% 2024

6.6% 2025

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Frequently Asked Questions

What type of property is this?

Strip mall - Fully leased retail property near Norfolk's Wards Corner district.

Where is this strip mall located?

The property is located at 7635 Granby St Norfolk, VA.

What are key features of this property?

This property features: Fully leased property, providing immediate rental income.; Located near the high‑traffic Wards Corner district of Norfolk, VA.; Surrounded by a dynamic mix of retail, dining, and entertainment.