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Retail Space in High-Traffic Area
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2400-2420 E Little Creek Road, Norfolk, VA 23518

Neighborhood shopping center near naval bases on E. Little Creek Road.

Space Size3,900 SF
Property Size51,415 SF
Days on Market2932

Property Features for 2400-2420 E Little Creek Road

General Information

Standard status Active
Size 3,900 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 51,415 SF
Tenancy Multiple

Spaces For Lease

at 2400-2420 E Little Creek Road Contact us

2406-B

Size
3,900 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Global Real Estate Investment, Inc.
Listed By: Michael Zarpas · License #VA 0225029596
Source: Crexi
Added: Aug 2, 2018 Changed: Aug 11 Last Checked: Aug 10 at 5:56AM

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 Global Real Estate Investment, Inc.

Investment Insights

Based on property information with market context.

This neighborhood shopping center is located in the busy E. Little Creek Road corridor, situated between Little Creek Amphibious Base and Naval Station Norfolk. The property benefits from a lighted corner location at the northeast corner of E. Little Creek Road and Mona Avenue, providing four points of ingress and egress. The center is anchored by a top-performing Dollar Tree location. Other tenants include Taylor’s Do It Center, Sonic, Wizard Bins, MK Nails, and Twixx Salon Suites. Hampton Roads is the 35th largest MSA in the USA and has the largest concentration of military bases in the world.

Key Highlights

  • Top performing Dollar Tree location.
  • Located in the busy E. Little Creek Road corridor.
  • Lighted corner location at NE corner of E. Little Creek Road and Mona Avenue.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Building Supply 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

526
Businesses Nearby
219k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 32% Dining 27% Shops & Services 17% Apparel 16%
Walmart Neighborhood Market Groceries
34,367 visits/mo 0.1 miles
Marshalls Apparel
28,911 visits/mo 0.3 miles
McDonald's Dining
20,262 visits/mo 0.1 miles
Food Lion Grocery Store Groceries
19,818 visits/mo 0.3 miles
Big Lots Superstores
18,991 visits/mo 0.2 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

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • Little Creek Square 1710-1780 E Little Creek Rd, Norfolk, VA 23518
  • Roosevelt Gardens Shopping Center 2300 E Little Creek Rd, Norfolk, VA 23518

Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood shopping center near naval bases on E. Little Creek Road.
Where is this shopping center located?
The property is located at 2400-2420 E Little Creek Road Norfolk, VA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Top performing Dollar Tree location.; Located in the busy E. Little Creek Road corridor.; Lighted corner location at NE corner of E. Little Creek Road and Mona Avenue.
(757) 777-9355 Call to check price and availability
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