7912 Halprin Dr Norfolk, VA 23518-3006
This exceptional 10,908-square-foot retail property, located at 7912 Halprin Drive in Norfolk, Virginia, presents a unique investment opportunity. The single-tenant building sits on a 1.08-acre lot in Norfolk city County, zip code 23518, and is currently vacant. Its strategic location along E Little Creek Road offers significant visibility and accessibility due to its placement at a high-traffic, signalized intersection. The property boasts extensive road frontage with multiple points of access, ensuring convenient ingress and egress for customers and employees. This prime location is ideally situated midway between the Norfolk Naval Station and the Joint Expeditionary Base (Little Creek Fort Story), providing access to a substantial and densely populated middle-income demographic, including a significant number of active-duty military personnel and their support networks. The property's size and location make it suitable for a variety of restaurant or retail concepts seeking to capitalize on this thriving market. The entire building is available for lease, offering a blank canvas for a new business venture. This is a rare opportunity to establish a presence in a high-demand area with strong potential for growth and return on investment. The property's coordinates are 36.9155778 latitude and -76.2195595 longitude.
-
Lewis Tharp Pharmacy
-
Chi Huynh Pharmacy
-
Amy M. Kam, RPh Pharmacy
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, VACosts & 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.