Average Rent for Retail Space in Norfolk, VA
The average cost to rent retail space in Norfolk comes to $19.87 per square foot based on our latest listing data.
The lowest cost you'll find stands at $18, while rents can cost up to $23 for premium properties.
Available Retail Inventory in Norfolk, VA
There are currently 56 retail properties listed for lease in Norfolk, totaling 945,624 square feet.
The average size of a retail property listed for lease here is 12,693 square feet. Listed properties range from 624 to 192,000 square feet.
The largest number of retail spaces in Norfolk are sized more than 5,000 square feet, with 28 retail listings of this size. These properties cost $19 per square foot on average, based on our live listings.
Norfolk is also home to 25 listings that are 1,000 to 2,500 square feet, asking an average rent of $20.
Retail Size Bucket
No. of Listings
More than 5,000 sq. ft.
28
2,500 to 5,000 sq. ft.
14
1,000 to 2,500 sq. ft.
25
Less than 1,000 sq. ft.
9
Retail Lease Types in Norfolk, VA
The most common retail lease type in Norfolk is NNN, with 16 spaces available for rent under such an agreement.
You can also find 4 Full Service lease options.
Norfolk, VA Retail Listings, by Lease Type
The data presented in this table was collected based on retail spaces for rent listed on PropertyShark.com and was last updated on September 10, 2026.
Types of Retail Properties for Lease in Norfolk, VA
The largest share of the Norfolk retail market is held by the Restaurant category, with 3 listings. Restaurant spaces average 2,628 square feet.
There is also 1 Shared Space space, which has an average square footage of 7,900 square feet.
The third most common type of retail space is Strip Retail at 1 listing, spanning 1,797 square feet on average.
Norfolk, VA Retail Spaces for Lease, by Use Type
- Restaurant
3
- Shared Space
1
- Strip Retail
1
- Power Center
1
The data presented in this table was collected based on retail spaces for rent listed on PropertyShark.com and was last updated on September 10, 2026.
Top Neighborhoods for Retail Space in Norfolk, VA
Downtown Norfolk has the highest count of retail spaces out of all Norfolk neighborhoods, being currently home to 18
listings.
The most popular retail space type here is Restaurant with 1 listing.
Ghent has the second-highest number of retail listings at 7.
Downtown Norfolk
18
Ghent
7
West Ocean View
6
East Ocean View
5
Easton Forest
4
6586 Tidewater Dr, Coronado - Inglenook, Norfolk, VA