1261 Military Hwy Norfolk, VA 23502
- Lifestyle centers
- 382,526 SF
Current Use by Public Records
- Compact Power Equipment Rental / Equipment Rental Agency
- Penske Truck Rental / Moving Supply Store / Van Rental Agency
- Tool & Truck Rental Center at The Home Depot / Equipment Rental Agency / Truck Rental Agency
- Pro Desk at The Home Depot / Marble Supplier / Masonry Supply Store
- The Home Depot / Home Improvement Store / Appliance Store
Property Details for 1261 Military Hwy
- Property size
- 382,526 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Broad Creek Shopping Center, located at 1261 N Military Hwy, Norfolk, VA 23502, presents a prime retail investment opportunity. This B-2 zoned power center boasts a total of 382,526 square feet across three suites, situated on a substantial 43.06-acre lot. Currently, 5,210 square feet of retail space is available, divisible into units ranging from a minimum of 1,440 square feet to a maximum contiguous space of 2,000 square feet. The center benefits from a highly visible location along a major retail corridor, with convenient access to I-64 and I-264, ensuring strong regional draw. Anchored by Target, Home Depot, and Food Lion, Broad Creek Shopping Center offers exceptional visibility and accessibility for tenants. The property features a half-mile of frontage and three separate entrances, providing customers with easy access, ample parking, and a streamlined shopping experience. This location offers a unique opportunity to establish a presence in a thriving retail environment within Norfolk's dominant commercial area. The property's size and configuration make it suitable for a variety of retail uses.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norfolk
- County
- Norfolk city
- State
- Virginia
- Longitude
- -76.2137
- Latitude
- 36.867
