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- LoopNet Team
1241 Frederick Blvd
Portsmouth, VA 23707
Midtown Marketplace · Property For Lease
PROPERTY FACTS
| Property Type | Retail | Year Built | 2014 |
| Gross Leasable Area | 36,853 SF | Parking Ratio | 5.82/1,000 SF |
| Total Land Area | 3.60 AC |
| Property Type | Retail |
| Gross Leasable Area | 36,853 SF |
| Total Land Area | 3.60 AC |
| Year Built | 2014 |
| Parking Ratio | 5.82/1,000 SF |
ABOUT THE PROPERTY
Midtown Marketplace is shadow 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 28,000 VPD and 11,000 VPD on Turnpike Road. The center has several national tenants including Cato, Cox Communications, Cricket Wireless, Dunkin Donuts, Hibbett Sports, Little Caesars Pizza, Metro PCS, and Sally Beauty Supply. 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. There are 9,469 businesses employing 186,810 employees within 15 minutes of Midtown Marketplace.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
