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Norfolk strip mall near NSU sells for $2M
University Shoppes is 8,800 SF
Beth JoJack //April 8, 2024//
University Shoppes sold 1500 E. Brambleton Shoppes, which is located near Norfolk State University. Photo courtesy S.L. Nusbaum Realty.
University Shoppes sold 1500 E. Brambleton Shoppes, which is located near Norfolk State University. Photo courtesy S.L. Nusbaum Realty.
Norfolk strip mall near NSU sells for $2M
University Shoppes is 8,800 SF
Beth JoJack //April 8, 2024//
University Shoppes, an 8,800-square-foot retail strip center in Norfolk, sold for $2 million, according to a news release from S.L. Nusbaum Realty.
An entity registered as University Shoppes LLC sold 1500 E. Brambleton Shoppes, which is located near Norfolk State University, to an entity registered as 1500 East Brambleton Shoppes LLC.
The shopping center has five tenants — Nails 20/20, A&B Hair Braiding, Kappatal Cuts, Sam’s Beauty Salon and a Boost Mobile store — and one vacancy, according to Doug Aronson, a senior managing director with SLN Capital Markets, a division of S.L. Nusbaum Realty, who represented the seller.
