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Norfolk, VA NNN Properties for Sale

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Portsmouth, VA Chesapeake, VA Virginia Beach, VA Suffolk, VA Hampton, VA Newport News, VA Carrollton, VA
Freestanding Retail Building on NNN Lease
Updated: Jun 15
Freestanding Retail Building on NNN Lease

4261 East Little Creek Road, Norfolk, VA 23518

Contact for pricing
13,249 sqft 1.16 AC lot
13,249 SF freestanding retail building on 1.16 acres
Built in 2011
12‑year NNN lease with CVS Pharmacy, Inc.
7.5% cap rate
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NNN Ground Lease Property
Updated: Jul 9
NNN Ground Lease Property

5741 E Virginia Beach Blvd, Norfolk, VA 23502

Contact for pricing
7,724 sqft
Absolute net ground lease with no landlord responsibilities; tenant responsible for everything, including roof and structure
8 years remaining on the original 20‑year ground lease term
Two 5‑year renewal options extend the lease term through 2044
10% rental increases every 5 years
Two rental increases included within each 5‑year renewal option
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Leased Dental Office Condominium
Leased Dental Office Condominium

220 West Brambleton Avenue, Unit 110, Norfolk, VA 23510

$2,257,000

Medical office unit occupied by a dental practice under a full lease.

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See hot listings in Norfolk

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Norfolk, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Tenant Bank Building
Single-Tenant Bank Building

201 VOLVO PKWY, Chesapeake, VA 23320

Contact for pricing
5,517 sqft

Operating under a long-term NNN lease with corporate backing and no landlord responsibilities.

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Net-Leased Bank Branch with NNN Lease
Net-Leased Bank Branch with NNN Lease

5472 INDIAN RIVER RD, Virginia Beach, VA 23464

Contact for pricing
2,745 sqft

2,745 SF Atlantic Union Bank branch on a long-term NNN lease through September 2040 with zero landlord responsibilities.

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7-Eleven NNN Ground Lease
7-Eleven NNN Ground Lease

1729 S Military Highway, Chesapeake, VA 23320

Contact for pricing
3,050 sqft

Signalized-corner convenience and fuel site with established 7-Eleven occupancy.

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Chick-fil-A NNN Investment Opportunity
Chick-fil-A NNN Investment Opportunity

5409 Indian River Rd, Virginia Beach, VA 23464

Contact for pricing
4,817 sqft

NNN leased Chick-fil-A for sale in Virginia Beach.

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Norfolk, VA Nnn Properties Market Trends and Statistics

Explore 3 nnn properties for sale in Norfolk, VA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 20,973 square feet of properties for sale, with an estimated market value of $2,257,000.

Sale prices for triple net lease properties in Norfolk, VA average $2,257,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 235K
Population Growth (5Y) -4.3%
Median Household Income $64,747
College Educated 29.0%

High-Yield Neighborhoods for Investment

Identify Norfolk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
23518 $2.1M
23510 $2.3M

Taxes & Financing

Tax Rate (average for all types) 1.27%
Property Tax per SF $9.43 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Norfolk city

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Norfolk fall within the 100,000+ square foot range.

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