Retail in Norfolk, NE - retail in Norfolk, NE
Retail

Retail in Norfolk, NE

2305 krenzien drive, norfolk, NE 68701

Price

Price on request

Description

Join Courtesy Ford of Norfolk, OfficeMax, Langel Auto Sales, and Tractor Supply Co.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

2305 krenzien drive, norfolk, NE 68701

Marker
Leaflet © OpenStreetMap contributors

Market Context

As of Q4 2023, the Hampton Roads retail market showed a 3.6% vacancy rate, and average asking rents near $22.50/SF/yr. Source: Cushman & Wakefield Q4 2023 market report.

Projected current pricing

low confidence
Projected asking rent
$22.50/SF/yr
Estimated sale value
$213–$269/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2023 curated:survey data (cap rate 6.6%, asking rent held flat).

View the full Hampton Roads Retail market report →

Tight vacancy keeps competition for quality space elevated.

Compare it against other retail listings for sale in Norfolk, NE to benchmark pricing and space — view the full market.

Retail market FAQ

Is the Hampton Roads retail market tightening or softening?
Vacancy is around 3.6% (Q4 2023).

Unified Estimate

Medium Confidence
$19.13/SF-$25.88/SF
Mid: $22.50/SF

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

Market report quarterly trend fallback

Low Confidence
  • Avg Rent ($/SF/yr) (market data)
  • Vacancy %
Q3 '17Q4 '23$0$6$12$18$240%10%20%30%40%
Market asking rent (quarterly avg)Vacancy rate (right axis)

More Retail for Sale in Norfolk, NE(5)

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Listed by

CBRE System Import