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    Norfolk, VA
    NNN

    Norfolk, VA NNN Properties for Sale

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    Portsmouth, VA Chesapeake, VA Virginia Beach, VA Suffolk, VA Hampton, VA Newport News, VA
    Triple-Net Drug Store with Drive-Thru
    Updated: Apr 10
    Triple-Net Drug Store with Drive-Thru

    7912 Halprin Drive, Norfolk, VA 23518

    $2,100,000
    10,908 sqft 1.06 AC lot
    10,908 SF Rite Aid on a 1.06‑acre lot in Norfolk, Virginia
    Over 9.5 years remaining on an original 25‑year absolute triple‑net (NNN) lease
    Lease includes five, five‑year renewal options with 1.5% rent escalations
    Signalized, hard‑corner intersection with 36,200+ vehicles per day and drive‑thru window
    Multiple ingress/egress points for flexible customer access
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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 what stands out in Norfolk city

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Freestanding Retail Building on NNN Lease
    Freestanding Retail Building on NNN Lease

    4261 E Little Creek Rd, Norfolk, VA 23518

    Contact for pricing
    13,249 sqft 1.16 AC lot

    Freestanding 13,249 SF retail building built in 2011 is leased under a 12-year NNN agreement with CVS Pharmacy, Inc.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

    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.

    View details
    Automotive Property with Paved Lot
    Automotive Property with Paved Lot

    800 S Military Hwy, Virginia Beach, VA 23464

    Contact for pricing
    2,926 sqft

    Paved vehicle display area with office space and new HVAC supports used vehicle operations.

    View details
    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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    Planet Fitness NNN Property
    Planet Fitness NNN Property

    1620 Sentinel Dr, Chesapeake, VA 23320

    Contact for pricing

    Absolute net lease with renewal options and annual escalations supports long-term occupancy.

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    Norfolk, VA Nnn Properties Market Trends and Statistics

    Explore 4 nnn properties for sale in Norfolk, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 31,881 square feet of properties for sale, with an estimated market value of $4,357,000.

    Sale prices for triple net lease properties in Norfolk, VA start at $2,100,000, averaging $2,178,500, and reaching up to $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
    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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    Popular Searches in Norfolk, VA

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    Most Searched ZIP Codes in Norfolk, VA

    • 23518
    • 23502
    • 23510

    Featured Norfolk Real Estate Agencies

    Realmo connects you with licensed Norfolk CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Judy Boone Realty
    809 E. Ocean View Avenue Norfolk, VA 23503
    Phone: 17575872800
    www.judyboonerealty.com

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