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Retail Space Near Creative District
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1091 Norfolk Avenue, Virginia Beach, VA 23451

Neighborhood shopping center near the Virginia Beach Boardwalk.

Space Size1,000 SF
Property Size17,450 SF
Days on Market2178

Property Features for 1091 Norfolk Avenue

General Information

Standard status Active
Size 1,000 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 17,450 SF
Tenancy Multiple

Spaces For Lease

at 1091 Norfolk Avenue Contact us

Suite 208

Size
1,000 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Divaris Real Estate Inc
Listed By: Elizabeth Napolitano · License #VA
Source: Crexi
Added: Sep 16, 2020 Changed: Aug 21 Last Checked: Aug 28 at 2:10PM

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.

This established neighborhood center is situated at a highly visible intersection near the Vibe Creative District, less than 1.5 miles from the Virginia Beach Boardwalk. The property is located at the intersection of South Birdneck Road and Norfolk Avenue.

Key Highlights

  • Highly visible intersection location.
  • Located near the Vibe Creative District.
  • Established neighborhood center.

Property Analytics

Current Use

South Beach Grill Bar & Pub Virginia Beach WIC ... Medical Clinic Topper's Barber Shop Barber Shop Quick Mart Virgin ... Grocery & Convenience Store Corner Pizza Restaurant

Suggested Use

Top Pick Law Firm Dental Office Nail Salon Real Estate Agency Hair Salon Accounting Firm

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

323
Businesses Nearby
44k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 50% Shops & Services 38% Dining 13%
Food Lion Grocery Store Groceries
21,951 visits/mo 0.3 miles
Dollar General Shops & Services
4,830 visits/mo 0.4 miles
Dunkin' Donuts Dining
4,792 visits/mo 0.3 miles
Dollar Tree Shops & Services
4,430 visits/mo 0.3 miles
AutoZone Shops & Services
2,556 visits/mo 0.5 miles

Demographics for 23451, VA

44,879
Population
24,897
Households
1.8
Avg Household Size
41
Median Age
57%
College-Educated
97%
High-School Grad
19.8 sq mi
ZIP Area
2,267
Density / Sq Mi
$97,945
Median Household Income
$57,472
Median Earnings
$1,697
Median Rent
$591,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM 1091 Norfolk Ave STE 218, Virginia Beach, VA 23451
  • Birdneck Shopping Center 1077 Virginia Beach Blvd, Virginia Beach, VA 23451
  • Coinstar Kiosk | Bitcoin ATM Food Lion, 1077 Virginia Beach Blvd, Virginia Beach, VA 23451

Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood shopping center near the Virginia Beach Boardwalk.
Where is this shopping center located?
The property is located at 1091 Norfolk Avenue Virginia Beach, VA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Highly visible intersection location.; Located near the Vibe Creative District.; Established neighborhood center.
More about this property
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