2300 Little Creek Rd Norfolk, VA 23518

Property Details for 2300 Little Creek Rd

Year built

1956

Lot size

8.26 lot acres

Property size

109,079 SF

Zone code

C-3

Property type

Community centers

APN

18259811

APU

18259811

Description

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.

Location Insight

City

Norfolk

County

Norfolk City

State

Virginia

Longitude

-76.218

Latitude

36.9161

CBSA code

47260

CBSA name

VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments