- For Sale $795,000
- Property Type Retail - Street Retail
- Property Size 4,197 SF
- Lot Size 0.51 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1968
- Date Updated Apr 10, 2026
Description
Located in Norfolk, Virginia with over a population of over 105,000 within a 3 mile radius. And, located on a major thoroughfare with over 20,000 cars per day. Property features 2 tenants: 7-Eleven (Dark) (1,600 SF), and Kulture Kuts Barber Shop (1,600 SF)Located in Norfolk, Virginia with over a population of over 105,000 within a 3 mile radius. And, located on a major thoroughfare with over 20,000 cars per day. Property features 2 tenants: 7-Eleven (Dark) (1,600 SF), and Kulture Kuts Barber Shop (1,600 SF).
This is a prime redevelopment, re-tenant, or owner/user opportunity. Moreover, the buyer has over 2 years remaining of rent from 7-Eleven, and a long standing successful barber shop. The barber shop, Kulture Kutz, has expressed interest to extend the Lease, giving the Buyer flexibility for redevelopment of the parcel, or re-tenanting the building.
7-Eleven was successful at this location, reporting over $2.2M in sales (last reporting year was 2017).
Highlights
- 20,000 Cars Per day + Population of Over 105,000 Within 3 Miles
- 7-Eleven (Dark) Has 2.5 Years Remaining on the Lease
- 7-Eleven was Reporting $2.2M in Sales in 2017
- Kulture Kutz Barber Shop is Month-to-Month With Interest in a Long Term Lease Extension
- Perfect Value-Add Repositioning, Redevelopment, or Owner/User Opportunity
- Property has Drive Thru capability
False
Contacts
Tyler Kolligian
The Kase Group
Location
Located at 5357 E Princess Anne Rd, Norfolk, VA 23502, this property is part of the River Oaks neighborhood and Richmond Tidewater market.
Contact Listing Broker
Tyler Kolligian
The Kase Group
