Contacts
Alexis Johnson, Senior Leasing Agent
Rivercrest Realty
(919) 926-3112
Mike Halloran, Property Manager
(919) 926-3118
Property Details
- Property Type Retail - Neighborhood Center
- Property Size 45,861 SF
- Parking Spaces Avail. 290
- Parking Ratio 5.82 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 2014
- Date Updated Mar 31, 2024
Contact Alexis Johnson for more information
| 7 Min | 10 Min | 13 Min | |
| Population | 51,590 | 101,061 | 202,075 |
| Avg HH Income ($) | 67,755 | 76,476 | 80,012 |
Midtown Marketplace is shadow center anchored by Kroger Marketplace located at the intersection of Frederick Boulevard and Turnpike Road in Portsmouth, VA. The property has multiple points of ingress and egress including a signalized entrance off Frederick Boulevard. Traffic counts on Frederick Boulevard average 26,000 VPD and 11,000 VPD on Turnpike Road. The center has several national tenants including Hibbett Sports, Bayport Credit Union, Dunkin Donuts and Little Caesars Pizza. Wendy’s, Taco Bell, Kroger Fuel Station and AutoBell occupy adjacent outparcels.
Part of the Hampton Roads, MSA, Portsmouth is home to the Norfolk Naval Shipyard and the Naval Medical Center Portsmouth. Midtown Marketplace is less than 3 miles from both facilities. The property is approximately half a mile from Exit 5 off I-264 surrounded by numerous residential and commercial developments.
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Highlights
- Anchors: Kroger, TJ Maxx
- Key Tenants: Hibbett Sports, Bayport Credit Union, Dunkin Donuts, Little Caesars Pizza
- GLA: 49,848 SF
- Year Built: 2014
- Parking Ratio: 5.81/1,000 SF
- Parking Spaces: 290
- Average Daily Traffic: 26,000 VPD - Frederick Blvd.
- Average Daily Traffic: 11,000 VPD - Turnpike Rd.
Attachments
Getting around
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68/100
Walk Score ®
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39/100
Transit Score ®
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50/100
Bike Score ®
Location
- City Portsmouth, VA
- Neighborhood Seaboard Square
- Zip Code 23707
Points of Interest
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EVMC/Fort Norfolk
2.80 miles
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MacArthur Square
2.94 miles
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York Street/Freemason
2.96 miles
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Civic Plaza
3.10 miles
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Monticello
3.11 miles
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Harbor Park
3.46 miles
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Norfolk
3.55 miles
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NSU
3.95 miles
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Beazley
4.78 miles
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Ballentine/Broad Creek
4.82 miles
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Kroger
0.07 miles
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Wawa
0.12 miles
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7-Eleven
0.41 miles
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Shell
0.60 miles
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Exxon
0.66 miles
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7-Eleven
0.97 miles
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Shell
1.70 miles
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Wawa
1.73 miles
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7-Eleven
1.75 miles
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7-Eleven
1.79 miles
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Overflow Parking
1.81 miles
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Boat Trailer Parking
1.89 miles
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County Street Garage
2.15 miles
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Middle Street Garage
2.20 miles
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Water Street Garage
2.26 miles
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Civic Center Lot
2.29 miles
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Lot 42
2.66 miles
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Fort Norfolk
2.66 miles
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CBP Parking
2.76 miles
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West Plume Street Garage
2.78 miles
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Wendy's
0.10 miles
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Taco Bell
0.13 miles
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Rally's
0.13 miles
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Panda Express
0.15 miles
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Dunkin'
0.16 miles
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IHOP
0.17 miles
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Little Caesars
0.18 miles
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Chick-fil-A
0.21 miles
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Waffle House
0.32 miles
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Mosberths Chicken
0.58 miles
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Walmart Supercenter
0.27 miles
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Food Lion
2.22 miles
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Food Lion
2.96 miles
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Dillard's
2.97 miles
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Macarthur Center
3.06 miles
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Harris Teeter
3.53 miles
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The Fresh Market
3.72 miles
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Food Lion
3.75 miles
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ALDI
3.76 miles
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Aldi
3.81 miles
1241 Frederick Blvd Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
The rent for retail space at 1241 Frederick Blvd is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
For car-travelling customers, 1241 Frederick Blvd has a parking ratio of 5.82 / 1,000 SF, offering 290 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Seaboard Square is 37. The average household income here is $44,906 per year.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Alexis Johnson, Senior Leasing Agent
Rivercrest Realty
(919) 926-3112
