4020 Victory Blvd Portsmouth, VA 23701
This exceptional 3,500 square foot retail space is located within the vibrant Victory Crossing shopping center in Portsmouth, Virginia. Situated at 4020 Victory Boulevard, zip code 23701, this property offers immediate occupancy in a thriving retail environment. The space is part of a larger 72,800 square foot shopping center featuring a strong tenant mix, including established national retailers Ross Dress for Less and Five Below. This prime location provides excellent visibility and accessibility, ensuring high foot traffic and exposure for your business. The space is currently vacant and ready for immediate lease, presenting a unique opportunity for a variety of retail concepts. The minimum leasable space is 3,500 square feet, and the maximum contiguous space available is also 3,500 square feet. This makes it ideal for a single tenant seeking a prominent location within a successful shopping center. Victory Crossing is situated within the Portsmouth Retail submarket cluster, benefiting from strong demographics and a robust local economy. The property's address is easily accessible and offers ample parking for customers and employees. Don't miss this chance to establish your business in a high-traffic, well-established shopping center. Contact us today to schedule a viewing and learn more about this exciting opportunity.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
GMU · Portsmouth, VAPortsmouth. Always verify with local authorities before improvements.
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.