Norfolk, VA Shopping Centers for Lease
- Portsmouth, VA
- Chesapeake, VA
- Virginia Beach, VA
- Suffolk, VA
- Hampton, VA
- Newport News, VA
- Carrollton, VA
- Smithfield, VA
Similar Spaces for Sale in Norfolk, VA
Norfolk, VA Shopping centers Lease Rates & Market Statistics
Explore 19 Shopping centers for lease in Norfolk, VA on Realmo, a commercial real estate exchange covering the Norfolk area. The current inventory totals 61,174 square feet of properties — an average of ~3,200 SF per listing.
Asking lease rates for Shopping centers in Norfolk start at $5.15 SF/Yr, average $5.15 SF/Yr, and reach $5.15 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $5.15 SF/Yr, the local average runs 75% below Virginia's state average of $20.21 SF/Yr.
Norfolk accounts for 100% of the 19 shopping centers currently available across Norfolk County. Shopping centers make up 33% of the 57 Retail properties & Spaces currently for lease in Norfolk, with asking rates averaging $5.15 SF/Yr — 68% below the citywide Retail properties & Spaces average of $16.27 SF/Yr. Tenants comparing options may also consider Storefront properties (11 listings) and Grocery and convenience stores (3 listings) elsewhere in the Norfolk market.
