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2300 Little Creek RdNorfolk, VA 23518

Norfolk, VA Neighborhood Center - Multiple Suites Available

Overview

Added:
Dec 11, 2024
Days on market:
114
Roosevelt Gardens, a thriving 109,180 square foot neighborhood retail center in Norfolk, Virginia, presents a unique investment opportunity. Located at 2300 E Little Creek Road, this established center boasts 8.86 acres of land and is zoned C-3. The property features four suites, with a minimum divisible space of 678 square feet and a maximum contiguous space of 7,500 square feet. Currently, 16,238 square feet are available for lease. This center benefits from a strong tenant roster, including national brands like Save-A-Lot, Cato, Wells Fargo, Hibbett Sports, Dunkin' Donuts, and Pizza Hut, many of whom have enjoyed long-term success at this location – fifteen for over 10 years and six for over 20 years. Three major tenants have leases extending beyond 2024, ensuring long-term stability for the property. The center is situated in the densely populated E Little Creek submarket of Norfolk County (zip code 23518), targeting a middle-income demographic. This prime location offers excellent visibility and accessibility, making it an ideal investment for both established and emerging businesses. The property's history of success and strong tenant base make it a compelling opportunity for investors seeking a stable and profitable retail investment in a vibrant community.

Highlights

  • 1,125 SF former Dunkin' Donuts space available October 1, 2024.
  • 7,500 SF Its Fashion space available.
  • 6,935 SF former Med Emporium space available.
  • Strong workforce density: 132,549 military and private sector employees within a 5-mile radius.
  • Excellent tenant mix and high daily traffic.
  • High-density, middle-income residential population: 87,000 residents within a 3-mile radius.

Property Details for 2300 Little Creek Rd

Property type
Neighborhood centers, Community centers
RSF (Rentable sq. ft)
109,180 SF

Unit(s) available at that property

Space
Suite 3-2300
Size
1,125 SF
Space
Suite 9-2318
Size
6,935 SF
Space
Suite 12-2332
Size
7,500 SF
Space
Suite 7936
Size
678 SF

Location Insight

City
Norfolk
County
Norfolk
State
Virginia
Latitude
36.9158666
Longitude
-76.21858
2300 Little Creek Rd, Norfolk, Virginia

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2300 Little Creek Rd
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