21st St And Colley Ave Norfolk, VA 23517
- Neighborhood centers
- 128,543 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 21st St And Colley Ave
- Property size
- 128,543 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
The Center Shops presents a unique retail investment opportunity in Norfolk's desirable Ghent submarket. This established shopping center boasts a total of 128,543 square feet, currently featuring multiple tenants. Five spaces are immediately available, ranging from a minimum of 1,200 square feet to a maximum contiguous space of 1,200 square feet. A total of 3,600 square feet is currently vacant, offering flexibility for a variety of retail concepts. The property benefits from strong anchor tenants, including Farm Fresh and Rite Aid, ensuring consistent foot traffic and brand recognition. Its location within the upscale Ghent neighborhood provides excellent visibility and accessibility, complemented by ample parking for customers and employees. The Center Shops is ideally situated to capitalize on the thriving retail environment of Ghent, offering a compelling opportunity for businesses seeking a high-profile location in a desirable and affluent community. The minimum divisible space is 1,200 square feet, providing an excellent entry point for smaller businesses, while the available vacant space allows for expansion opportunities. This property is an exceptional choice for businesses seeking a well-established location with high visibility and strong anchor tenants in a thriving Norfolk neighborhood. Further details are available online.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norfolk
- County
- Norfolk
- State
- Virginia
- Longitude
- -76.2962
- Latitude
- 36.871
