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Highlights
- Prominent signage exposure along a heavily traveled roadway.
- Convenient access to Interstate 64 and regional transportation routes.
- Surrounded by residential neighborhoods and local consumer demand.
- Approximately 29,000 vehicles per day pass the property.
- Located within an established retail corridor in Norfolk.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,348 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Positioned along Granby Street, one of Norfolk’s established retail corridors, this available retail opportunity offers prominent visibility in a location exposed to approximately 29,000 vehicles per day. The property benefits from corner positioning and signage exposure that can support customer awareness and business identification along a heavily traveled commercial route. Granby Street Shoppes is situated within an established trade area surrounded by residential neighborhoods and supported by a substantial local population base. The location provides convenient access to Interstate 64, helping connect businesses to customers throughout Norfolk and the surrounding Hampton Roads region. The combination of roadway access, neighborhood density, and daily traffic activity supports a variety of retail, service, and consumer-oriented uses. The property's location along a recognized commercial corridor places tenants within an active retail environment while maintaining accessibility for nearby residents and commuters. Businesses can benefit from the site's visibility, ease of access, and established presence within the local marketplace. The surrounding demographic profile includes more than 214,000 residents within five miles and approximately 45,960 households within the same radius, providing a broad customer base for prospective occupiers.
- Fits 9 - 27 People
- Central Air Conditioning
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 7401-7435 Granby St, Norfolk, VA 23505
- Tenant
- Description
- US Locations
- Reach
- Sentara Therapy Center
- MD/DDS
- 111
- Regional
- Velocity Urgent Care
- Health Care
- 22
- Local
- Wards Corner Pediatrics
- MD/DDS
- 1
- -
| Tenant | Description | US Locations | Reach |
| Sentara Therapy Center | MD/DDS | 111 | Regional |
| Velocity Urgent Care | Health Care | 22 | Local |
| Wards Corner Pediatrics | MD/DDS | 1 | - |
Property Facts
| Total Space Available | 3,348 SF | Total Land Area | 0.70 AC |
| Property Type | Retail | Year Built | 1959 |
| Property Subtype | Storefront | Parking Ratio | 3.34/1,000 SF |
| Gross Leasable Area | 15,110 SF | Cross Streets | Cromwell Parkway |
| Total Space Available | 3,348 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 15,110 SF |
| Total Land Area | 0.70 AC |
| Year Built | 1959 |
| Parking Ratio | 3.34/1,000 SF |
| Cross Streets | Cromwell Parkway |
About the Property
The property at 7401 Granby Street in Norfolk, Virginia includes 3,348 square feet of available retail space. The site is located on Granby Street, identified in the flyer as a heavily trafficked corridor with approximately 29,000 vehicles per day, and provides access to Interstate 64. Demographic information in the flyer reports a population of 214,113 and 45,960 households within a five-mile radius.
- Bus Line
Nearby Major Retailers
Presented by
7401-7435 Granby St
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