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Flex Space Near NASA
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104 Research Dr, Hampton, VA 23666

Flex/industrial space visible from Neil Armstrong Parkway near NASA.

Space Size5,940 SF - 12,000 SF
Days on Market2150

Property Features for 104 Research Dr

General Information

Standard status Active
Size 5,940 SF - 12,000 SF
Property subtype Retail, Industrial, Special Purpose
Lease Type NNN

Building Details

Building Size 12,000 SF
Tenancy Multiple

Spaces For Lease

at 104 Research Dr Contact us

Building 1, Suite 100

Size
5,940 SF
Type
Industrial, Retail, Special Purpose
Lease Type
NNN
Availability
Active
Contact us

Building 3

Size
12,000 SF
Type
Industrial, Retail, Special Purpose
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Read Commercial Properties, Inc.
Listed By: Craig Read · License #VA
Source: Crexi
Added: Sep 23, 2020 Changed: Aug 8 Last Checked: Aug 12 at 7:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Read Commercial Properties, Inc.

Investment Insights

Based on property information with market context.

This flex space is visible from Neil Armstrong Parkway, the main thoroughfare from I-64 to NASA and Langley Air Force Base. The buildings offer the flexibility to accommodate most 12,000 square foot users and have been designed with conduits under the slab. Building 3 site is prepared and ready for construction. The building will be 12,000 square feet with 18 foot ceilings and 14 foot grade level doors. Occupancy is anticipated to be approximately 12 months from lease execution. The rental rate is $12.50 per square foot with tenant paying his pro rata share of expenses ($2.92 per square foot CAM).

Key Highlights

  • Strategic location visible from Neil Armstrong Parkway, a major route to NASA and Langley Air Force Base.
  • Flexible building design suitable for most 12,000 SF users.
  • Designed with under‑slab conduits to support high‑technology companies.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Hair Salon Law Firm Spa & Massage Center Building Supply Real Estate Agency Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby
Under-served
Demand for This Use

Demographics for 23666, VA

52,845
Population
25,117
Households
2.1
Avg Household Size
37
Median Age
27%
College-Educated
91%
High-School Grad
19.4 sq mi
ZIP Area
2,724
Density / Sq Mi
$70,798
Median Household Income
$42,552
Median Earnings
$1,439
Median Rent
$241,600
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Flex/industrial space visible from Neil Armstrong Parkway near NASA.
Where is this flex space located?
The property is located at 104 Research Dr Hampton, VA.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Strategic location visible from Neil Armstrong Parkway, a major route to NASA and Langley Air Force Base.; Flexible building design suitable for most 12,000 SF users.; Designed with under‑slab conduits to support high‑technology companies.
More about this property
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