Renovated Retail Center on
For Lease
Contact for pricing
5020 Ferrell Parkway, Virginia Beach, VA 23464
Food Lion anchored shopping center in central Virginia Beach.
Space Size1,100 SF - 1,600 SF
Property Size37,804 SF
Days on Market2074
Property Features for 5020 Ferrell Parkway
General Information
Standard status
Active
Size
1,100 SF - 1,600 SF
Property subtype
Retail
Building Details
Building Size
37,804 SF
Tenancy
Multiple
Spaces For Lease
at 5020 Ferrell Parkway Contact us- Size
- 1,100 SF
- Type
- Retail
- Availability
- Active
Former Salon
- Size
- 1,600 SF
- Type
- Retail
- Availability
- Active
Suite 1600
Listing Agency:
Divaris Real Estate Inc
Listed By:
Kris Fuller · License #VA
Source:
Crexi
Added: Dec 7, 2020
Changed: Aug 8
Last Checked: Aug 8 at 11:48AM
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 Divaris Real Estate Inc
Investment Insights
Based on property information with market context.
Parkway Marketplace is a newly renovated shopping center anchored by Food Lion. The center fronts heavily trafficked Ferrell Parkway, which sees 48,225 vehicles per day. Located in the heart of densely populated central Virginia Beach, the property benefits from attractive population counts and high average household income. The tenant mix includes grocery, restaurants, salons, financial services, and other service-oriented businesses.
Key Highlights
- Anchored by Food Lion, a major grocery tenant.
- Located on heavily trafficked Ferrell Parkway (48,225 VPD).
- Situated in densely populated central Virginia Beach.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
123k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 49%
Groceries 42%
Dining 5%
Electronics 2%
Wawa
Shops & Services
59,319 visits/mo
0.2 miles
Harris Teeter
Groceries
25,113 visits/mo
0.3 miles
Food Lion Grocery Store
Groceries
21,217 visits/mo
0.1 miles
Virginia ABC
Groceries
5,477 visits/mo
0.1 miles
Little Caesars Pizza
Dining
5,385 visits/mo
0.4 miles
Demographics for 23464, VA
75,118
Population
29,267
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
94%
High-School Grad
16.7 sq mi
ZIP Area
4,498
Density / Sq Mi
$89,790
Median Household Income
$49,794
Median Earnings
$1,644
Median Rent
$339,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Parkway Marketplace — 5004 Ferrell Pkwy, Virginia Beach, VA 23464
- Shoppes At Lake James — 5347 Lila Ln, Virginia Beach, VA 23464
- Coinstar Kiosk | Bitcoin ATM — Food Lion, 5020 Ferrell Pkwy, Virginia Beach, VA 23464
- Indian Square Shopping Center — 5313 Indian River Rd, Virginia Beach, VA 23464
- Coinstar Kiosk | Bitcoin ATM — Harris Teeter, 5060 Ferrell Pkwy, Virginia Beach, VA 23464
Frequently Asked Questions
What type of property is this?
Shopping center - Food Lion anchored shopping center in central Virginia Beach.
Where is this shopping center located?
The property is located at 5020 Ferrell Parkway Virginia Beach, VA.
What are key features of this property?
This property features: Anchored by Food Lion, a major grocery tenant.; Located on heavily trafficked Ferrell Parkway (48,225 VPD).; Situated in densely populated central Virginia Beach.
