Property summary
Glenwood Shoppes, located at 8401 Hampton Boulevard in Norfolk, Virginia (zip code 23505), presents a unique retail investment opportunity. This 54,287 square foot shopping center, built in 1990, is situated in Norfolk city, offering a single, currently vacant, 1 square foot suite. The property boasts a prime location at the entrance to Naval Station Norfolk, the world's largest naval base, providing unparalleled access to a substantial consumer base. Over 150,000 personnel work at this naval installation, creating a significant and consistent customer flow. The center's grocery anchor further enhances its appeal and draws in a steady stream of shoppers. This property is classified as a retail shopping center with multiple tenancies, although currently only one suite is available. The property's strategic location and proximity to a major employer make it an attractive prospect for businesses seeking high visibility and a large potential customer base. The address is easily accessible and benefits from high traffic volume. This presents a rare chance to establish a business within a well-established and thriving retail environment. Serious inquiries are encouraged.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
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Restaurant
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Barber Shop
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Storage Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Norfolk, VAZoning
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Zoning designation
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