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Property profile & analytics
OFF-MARKET
Neighborhood centers

2400-2420 Little Creek Rd Norfolk, VA 23518

51,415 SF
Property ID
Property summary
AI-generated overview

Dollar Tree Center, located at 2400-2420 E. Little Creek Road in Norfolk, Virginia (zip code 23518), presents a compelling investment opportunity in a thriving retail environment. This 51,415 square foot strip center boasts a prime location along the busy East Little Creek Road corridor, ensuring high visibility and substantial foot traffic. Currently, there is 14,500 square feet of vacant space available, offering flexible options ranging from 3,900 to 14,500 square feet, ideal for a variety of retail businesses. The center has undergone recent renovations, reflecting a commitment to quality and maintaining a well-maintained property. The property's multiple tenancy structure provides a diverse tenant mix, contributing to a stable and attractive investment profile. Situated in Norfolk County, Virginia, this retail center benefits from a strong local economy and a dense residential population, creating a robust customer base. The property's location offers excellent accessibility and visibility, making it an ideal location for businesses seeking to establish or expand their presence in the Norfolk market. This is a rare opportunity to acquire a well-maintained, high-traffic retail center with significant upside potential in a desirable location. The available space presents a chance to capitalize on the strong retail demand in the area. Serious inquiries are encouraged.

Property profile
Verified
Property type Neighborhood centers
Total area 51,415 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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