6135 Virginia Beach Blvd, Norfolk, VA 23502
This exceptional 10,908 square foot retail space, formerly a Rite Aid pharmacy, presents a unique investment opportunity in a high-traffic location. Situated at 6135 E Virginia Beach Blvd in Norfolk, VA 23502, this vacant property benefits from its prominent corner location at a signalized intersection. The building enjoys exceptional visibility and accessibility, boasting high daily traffic counts. Virginia Beach Boulevard sees approximately 46,000 vehicles per day, while the adjacent Hampton Roads Beltway registers an impressive 174,000 vehicles per day. This strategic location offers unparalleled exposure to a substantial consumer base. Further enhancing its appeal, the property is situated directly adjacent to the Sentara Leigh Hospital campus, ensuring a consistent flow of potential customers. The surrounding area boasts a dense population, with approximately 100,000 people residing within a three-mile radius, providing a strong foundation for a thriving business. The property's previous use as a pharmacy suggests suitability for a variety of retail uses, making it an attractive prospect for a wide range of potential tenants. This prime retail space offers significant potential for growth and profitability in a vibrant and densely populated area. The property is currently vacant and ready for immediate occupancy.
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Sherri Davis Pharmacy
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Raluca Rusanescu Pharmacy
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.