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7912 Halprin Drive, Norfolk, VA, 23518

RITE AID
$2,100,000

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Highlights

INVESTMENT HIGHLIGHTS

Prominent Commercial Location

  • Outparceled to Roosevelt Gardens Shopping Center (Tenants include Wells Fargo, Dunkin’ Donuts, Pizza Hut) (Corner of Halprin Drive and East Little Creek Road)
  • 30,000+ vehicles on average pass this property every day (24,000+ on East Little Creek Road and 6,000+ on Halprin Drive)
  • Located near national retailers (Walmart Neighborhood Market 0.7 miles away) ( 7-Eleven, Jiffy Lube, Taco Bell, AutoZone, McDonald’s, Tesla Dealership, Walmart Supercenter, Hardee’s, Sonic, Walgreens, Wendy’s, Food Lion)
  • Situated on a hard corner, signalized intersection (4-way road)
  • Within a few miles of Norfolk International Airport
  • Situated on a major east-west thoroughfare (Little Creek Road) connecting the Virginia Port Authority with the Little Creek Fort Story Joint Expenditure Base
  • Situated between the Norfolk Naval Station and Chesapeake Bay
  • Multiple points of ingress and egress with the adjacent shopping center and thoroughfares

Opportunity to Add Value

  • Former Rite-Aid location
  • The property includes a two-lane drive-thru and ample parking
  • 12,580 SF Building
  • Lot size over 46,000 SF (Over 1 AC Lot)

Strong Local Demographics

  • Over 84,000 People within a 3-mile radius
  • Over 310,000 people within a 15 minute drive

Location

Agents

Broker of Record

Kyle Matthews

License # 226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Key Information

$ per SF
$173
Tot. SF
12,110
Year Built
2001
Type
Retail