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5020 Ferrell PkwyVirginia Beach, VA 23464

Virginia Beach Retail Space Available

Overview

Added:
Dec 11, 2024
Days on market:
114
Parkway Marketplace, a newly renovated retail center in Virginia Beach, offers exceptional opportunities for businesses seeking high-traffic locations. This Food Lion-anchored center boasts a prime location on heavily trafficked Ferrell Parkway (48,225 vehicles per day), placing your business in the heart of a densely populated area with high average household incomes. The center comprises 37,804 square feet and currently features two available spaces. A fully built-out 2,200 square foot salon space is ready for immediate occupancy, while a larger 11,202 square foot space (formerly occupied by Rite Aid) presents significant potential for customization. The minimum divisible space is 2,200 square feet, with a maximum contiguous space of 11,202 square feet. The center enjoys a diverse tenant mix, including national retailers such as Gamestop, GNC, Supercuts, and Chartway, alongside a variety of local businesses offering grocery, restaurant, salon, financial, and service options. High visibility is ensured through panel signage available on the Ferrell Parkway pylon. This is an exceptional opportunity to establish or expand your business in a thriving Virginia Beach retail environment. The property is located in Virginia Beach County. Currently, 13,402 square feet of space is vacant.

Highlights

  • Retail property totaling 37,804 square feet with multiple tenancies.
  • 13,402 square feet of vacant space available, divisible into units ranging from 2,200 to 11,202 square feet.
  • Located in Virginia Beach County, anchored by Food Lion, and situated on high-traffic Ferrell Parkway (48,225 VPD).
  • Features a 2,200 SF built-out salon space and an 11,202 SF former Rite Aid space available for lease.
  • Strong tenant mix including national retailers such as Food Lion, GameStop, GNC, Supercuts, and Chartway, with pylon signage opportunities on Ferrell Parkway.

Property Details for 5020 Ferrell Pkwy

Property type
Retail properties
RSF (Rentable sq. ft)
37,804 SF

Unit(s) available at that property

Space
Space 6/7
Size
2,200 SF
Space
Suite 16
Size
11,202 SF

Location Insight

City
Virginia Beach
County
Virginia Beach
State
Virginia
Latitude
36.7945411
Longitude
-76.1647881
5020 Ferrell Pkwy, Virginia Beach, Virginia

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5020 Ferrell Pkwy
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