2300 E Little Creek Rd Norfolk, VA 23518
Roosevelt Gardens, a thriving 109,180 square foot neighborhood retail center in Norfolk, Virginia, presents a unique investment opportunity. Located at 2300 E Little Creek Road, this established center boasts 8.86 acres of land and is zoned C-3. The property features four suites, with a minimum divisible space of 678 square feet and a maximum contiguous space of 7,500 square feet. Currently, 16,238 square feet are available for lease. This center benefits from a strong tenant roster, including national brands like Save-A-Lot, Cato, Wells Fargo, Hibbett Sports, Dunkin' Donuts, and Pizza Hut, many of whom have enjoyed long-term success at this location – fifteen for over 10 years and six for over 20 years. Three major tenants have leases extending beyond 2024, ensuring long-term stability for the property. The center is situated in the densely populated E Little Creek submarket of Norfolk County (zip code 23518), targeting a middle-income demographic. This prime location offers excellent visibility and accessibility, making it an ideal investment for both established and emerging businesses. The property's history of success and strong tenant base make it a compelling opportunity for investors seeking a stable and profitable retail investment in a vibrant community.
-
Dunkin' Cafe & Coffee Shop
-
Valhalla Rose Tattoo and Piercing Tattoo & Piercing Shop
-
Roosevelt Gardens Shopping Center Shopping Center & Mall
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
C-3 · Norfolk, VANorfolk. Always verify with local authorities before improvements.
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.