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0 25Th StNorfolk, VA 23508

Lidl-anchored shopping center, prime Norfolk location.

Overview

Added:
Dec 11, 2024
Days on market:
114
Railyard at Lambert's Point offers a unique investment opportunity in Norfolk, VA's thriving west Ghent submarket. This 120,000 square foot, multi-tenant shopping center is anchored by Lidl and benefits from a strategic location south of Naval Station Norfolk (64,357 active duty and civilian personnel) and Old Dominion University (20,000 students, plus the Ted Constant Convocation Center and a new, larger football stadium under construction). Its proximity to the Sentara Regional Medical Complex (thousands of employees, children's hospital, heart center, and Eastern Virginia Medical School) further enhances its appeal. The center features nine suites, with a minimum divisible space of 1,465 square feet and a maximum contiguous space of 7,169 square feet. Currently, 30,270 square feet are vacant, presenting a significant opportunity for expansion or new tenants. Ample parking is available, with a ratio of 4.9 spaces per 1,000 square feet. The property is zoned C-2 and situated in Norfolk County. The surrounding area is experiencing significant growth, with numerous new apartment buildings under development in the adjacent Railroad District. This location is surrounded by established, affluent, and highly educated residential neighborhoods. This prime retail space offers exceptional potential for investors seeking a strong return in a rapidly developing area.

Highlights

  • 120,000 SF retail shopping center in Norfolk, VA.
  • Lidl-anchored with 30,270 SF of vacant space available.
  • 9 suites total, with spaces ranging from 1,465 SF to 7,169 SF contiguous.
  • Located near Naval Station Norfolk, Old Dominion University, and Sentara Regional Medical Complex, offering strong demographics.
  • 4.9 parking spaces per 1,000 square feet.
  • C-2 zoning.

Property Details for 0 25Th St

Property type
Lifestyle centers, Power centers
RSF (Rentable sq. ft)
120,000 SF

Unit(s) available at that property

Space
Building 3B
Size
3,802 SF
Space
Building 4 (2nd Floor)
Size
7,169 SF
Space
Building 5 (2nd Floor)
Size
2,885 SF
Space
Building 6 (2nd Floor)
Size
4,397 SF
Space
Building 8C
Size
1,465 SF
Space
Building 7A
Size
2,840 SF
Space
Building 7B
Size
3,280 SF
Space
Building 8B
Size
2,203 SF
Space
Building 8E
Size
2,229 SF

Location Insight

City
Norfolk
County
Norfolk
State
Virginia
Latitude
36.8755567
Longitude
-76.3018791
25Th St, Norfolk, Virginia

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0 25Th St
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