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Endcap Retail and Restaurant Space
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7924 Chesapeake Blvd, Norfolk, VA 23518

End-cap storefront offers 1,797 SF and includes restaurant equipment, with no alcohol sales permitted.

Space Size1,797 SF
Days on Market153

Property Features for 7924 Chesapeake Blvd

General Information

Standard status Active
Size 1,797 SF
Property subtype RETAIL
Lease Type Gross

Site & Location

Neighborhood Southern Shopping Center
Traffic Count 34,000 vehicles/day

Spaces For Lease

at 7924 Chesapeake Blvd
7924 Chesapeake Blvd $20/SF/Yr
Floor 1
Size 1,797 SF
Type RETAIL
Lease Type GROSS
Availability AVAILABLE
Sublease No
- End-cap unit with 1,797 SF available - Over 34,000 VPD at the intersection of Chesapeake Blvd. and E. Little Creek Road - Directly across from the new (under construction) Evelyn Butts Transit Center serving 2,000 daily riders - Former pub with restaurant equipment available. Can be utilized for retail or restaurant (No alcohol sales permitted) - Serves the Little Creek Amphibious Base community with 19,000 daytime population - Above average Wawa and CVS locations nearby according to placer.ai CVS: 80% nationally; ranked 4th out of 21 locations locally. Wawa: 70% nationally; ranked 8th out of 22 locations locally
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Listing Agency: Kotarides Property Management
Listed By: Susan Springer
Source: Moodyscre
Added: May 29 Changed: Oct 25 Last Checked: Oct 26 at 8:15PM

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 Kotarides Property Management

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Investment Insights

Based on property information with market context.

This end-cap retail unit provides 1,797 SF and is available for occupancy now. The space previously operated as a pub and includes restaurant equipment that can support restaurant use or be adapted for retail. Alcohol sales are not permitted.

The location sits at the intersection of Chesapeake Blvd. and E. Little Creek Road with over 34,000 vehicles per day. It is positioned directly across from the under-construction Evelyn Butts Transit Center, which is planned to serve 2,000 daily riders, and it serves the Little Creek Amphibious Base community with a stated 19,000 daytime population.

The immediate area includes nearby major convenience and pharmacy retailers, including Wawa and CVS, as cited in Placer.ai location performance data.

Key Highlights

  • End‑cap storefront with 1,797 SF available
  • Restaurant equipment included; can be utilized for retail or restaurant (no alcohol sales permitted)
  • Located at the intersection of Chesapeake Blvd. and E. Little Creek Road with 34,000+ VPD

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bayview-Nowcare Medical Center: ... Physician Kirsten Santianni Pediatrician Rogers Lynette S ... Pediatrician Michelle L. Kimball, ... Pharmacy Joel D. Gutierrez, ... Pharmacy

Suggested Use

Top Pick Law Firm Dental Office Building Supply Real Estate Agency Skin Care Clinic Electrical Service

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

Lease Details

34,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

745
Businesses Nearby
96k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 80% Dining 19% Home Improvements & Furnishings 1%
Wawa Shops & Services
47,891 visits/mo 0.2 miles
Wendy's Dining
13,371 visits/mo 0.4 miles
Bank of America Shops & Services
6,921 visits/mo 0.3 miles
7-Eleven Shops & Services
5,970 visits/mo 0.5 miles
Captain D's Dining
5,166 visits/mo 0.5 miles

Demographics for 23518, VA

30,278
Population
13,911
Households
2.2
Avg Household Size
37
Median Age
32%
College-Educated
91%
High-School Grad
6.1 sq mi
ZIP Area
4,964
Density / Sq Mi
$73,899
Median Household Income
$47,605
Median Earnings
$1,348
Median Rent
$280,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Norfolk, VA

$16.06 /SF/Yr
Avg Asking Price
$5.15–$27.95 /SF/Yr
Price Range
2,928 SF
Avg Space Size

This space is priced 25% above the average of $16.06 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Storefront property - End-cap storefront offers 1,797 SF and includes restaurant equipment, with no alcohol sales permitted.
Where is this storefront property located?
The property is located at 7924 Chesapeake Blvd Norfolk, VA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: End‑cap storefront with 1,797 SF available; Restaurant equipment included; can be utilized for retail or restaurant (no alcohol sales permitted); Located at the intersection of Chesapeake Blvd. and E. Little Creek Road with 34,000+ VPD
(757) 560-3931 Call to check price and availability
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