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442 Granby St 2,200 SF of Retail Space Available in Norfolk, VA 23510
HIGHLIGHTS
- Prime location on Granby Street’s Restaurant Row
- Surrounded by top restaurants, hotels, and cultural venues
- Easy access to I-264, waterfront, and public transit
- Fully built-out with new furniture, fixtures, and equipment
- Strong demographics with over 115,000 residents nearby
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 2,200 SF | Negotiable | $27.27 /SF/YR $2.27 /SF/MO $293.53 /m²/YR $24.46 /m²/MO $5,000 /MO $59,994 /YR | Double Net |
1st Floor, Ste A
Suite: Restaurant space, seats 50+, brand new FF&E, available now. First floor: Dining, bar, front/back kitchen, restrooms. Second floor: Office space, stair access, egress doors.
- Lease rate does not include certain property expenses
- Partially Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
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 442 GRANBY ST, NORFOLK, VA 23510
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- REVOLVE
- Ladies' Apparel
- 34
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| REVOLVE | Ladies' Apparel | 34 | Local |
PROPERTY FACTS
| Total Space Available | 2,200 SF | Gross Leasable Area | 2,700 SF |
| Property Type | Retail | Year Built | 1916 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,700 SF |
| Year Built | 1916 |
ABOUT THE PROPERTY
Positioned in the heart of Downtown Norfolk’s vibrant Restaurant Row, 442 Granby Street offers a turnkey opportunity for restaurateurs seeking a high-visibility, fully equipped space. This approximately 2,200-square-foot restaurant features seating for over 50 guests and boasts a brand-new buildout with modern finishes and full FF&E, allowing for immediate operation. The property is surrounded by a dynamic mix of dining, entertainment, and cultural destinations including MacArthur Center, Chrysler Museum of Art, and Town Point Park, drawing consistent foot traffic from locals, tourists, and professionals. The location benefits from proximity to major thoroughfares such as I-264 and Brambleton Avenue, and is minutes from the Elizabeth River waterfront, Waterside District, and several hotels including the Hilton Norfolk The Main and Marriott Waterside. The surrounding area is home to over 115,000 residents within a 3-mile radius, with a median household income of $57,475 and a strong white-collar employment base. The property’s layout includes a front and back kitchen, bar, dining area, and office space across two floors, with clearly marked egress and ADA-compliant access. This lease offering is ideal for operators looking to capitalize on Norfolk’s thriving downtown scene, with a competitive rate of $5,000/month NN and immediate availability.
- Signage
NEARBY MAJOR RETAILERS
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442 Granby St
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