Retail Space in Norfolk
For Lease
Contact for pricing
1261 N Military Hwy, Norfolk, VA 23502
Retail space in a centrally located, anchored shopping center.
Space Size1,440 SF - 11,097 SF
Property Size382,526 SF
Days on Market2094
Property Features for 1261 N Military Hwy
General Information
Standard status
Active
Size
1,440 SF - 11,097 SF
Property subtype
Retail
Building Details
Building Size
382,526 SF
Tenancy
Multiple
Spaces For Lease
at 1261 N Military Hwy Contact us- Size
- 11,097 SF
- Type
- Retail
- Availability
- Active
Suite 11
- Size
- 1,440 SF
- Type
- Retail
- Availability
- Active
Suite 17
Listing Agency:
Divaris Real Estate Inc
Listed By:
Kris Fuller · License #VA
Source:
Crexi
Added: Dec 7, 2020
Changed: Aug 13
Last Checked: Aug 31 at 1:06AM
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 retail space is located within a power center anchored by Target, Home Depot, and Food Lion. The center is situated in Norfolk's dominant retail corridor. Broad Creek benefits from a regional trade area due to its proximity to both I-64 and I-264. With frontage of a half mile and three separate entrances, the location offers retailers visibility and provides customers with accessibility, parking, and a shopping experience.
Key Highlights
- Anchored by Target, Home Depot, and Food Lion, ensuring high foot traffic.
- Centrally located in Norfolk's dominant retail corridor on Military Highway.
- Regional draw due to proximity to I‑64 and I‑264.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
563
Businesses Nearby
572k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 44%
Dining 23%
Shops & Services 15%
Home Improvements & Furnishings 11%
Walmart
Superstores
132,231 visits/mo
0.5 miles
Target
Superstores
117,130 visits/mo
0.2 miles
The Home Depot
Home Improvements & Furnishings
60,935 visits/mo
0.1 miles
Chick-fil-A
Dining
49,252 visits/mo
0.3 miles
Food Lion Grocery Store
Groceries
33,423 visits/mo
0.2 miles
Demographics for 23502, VA
20,547
Population
8,839
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
89%
High-School Grad
9.9 sq mi
ZIP Area
2,075
Density / Sq Mi
$66,467
Median Household Income
$37,213
Median Earnings
$1,335
Median Rent
$244,800
Median Home Value
Market
Vacancy Rate% for Retail in Norfolk, VA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Janaf Shopping Center — 5900 E Virginia Beach Blvd, Norfolk, VA 23502
- Coinstar Kiosk - Bitcoin ATM — Food Lion, 1235 N Military Hwy, Norfolk, VA 23502
- Coinstar Kiosk | Bitcoin ATM — Food Lion, 1235 North Military Hwy, Norfolk, VA 23502
- Bay Square Shopping Center — 5026 E Princess Anne Rd, Norfolk, VA 23502
Frequently Asked Questions
What type of property is this?
Shopping center - Retail space in a centrally located, anchored shopping center.
Where is this shopping center located?
The property is located at 1261 N Military Hwy Norfolk, VA.
What are key features of this property?
This property features: Anchored by Target, Home Depot, and Food Lion, **ensuring high foot traffic**.; Centrally located in Norfolk's dominant retail corridor on Military Highway.; Regional draw due to proximity to I‑64 and I‑264.
