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First Colonial Road Office Space
For Lease
$26 SF/Yr

1101 First Colonial Road, Virginia Beach, VA 23454

Office space with modern amenities and ample parking available for lease.

Space Size6,505 SF
Property Size24,000 SF
Days on Market174

Property Features for 1101 First Colonial Road

General Information

Standard status Active
Size 6,505 SF
Class A
Property subtype Office
Lease Term Net of Janitorial

Building Details

Building Size 24,000 SF

Spaces For Lease

at 1101 First Colonial Road Contact us

Suite 100 $26/SF/Yr

Size
6,505 SF
Term
Negotiable
Contact us

Suite 400 $26/SF/Yr

Size
6,505 SF
Type
Medical
Term
Negotiable
Contact us
Listing Agency: The Katsias Company
Listed By: John Katsias
Source: Katsias
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 25 at 6:40AM

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 The Katsias Company

Investment Insights

Based on property information with market context.

Located at 1101 First Colonial Road in Virginia Beach, VA, this property presents a leasing opportunity suitable for various business needs. The space features modern amenities and flexible floor plans. Ample parking is available for both tenants and visitors. The interior benefits from abundant natural light, creating a welcoming and productive environment. Its strategic location offers excellent visibility and accessibility, with proximity to major thoroughfares. The property is well-maintained.

Key Highlights

  • Strategic location for visibility and accessibility
  • Ample parking for tenants and visitors
  • Modern amenities and flexible floor plans

Property Analytics

Current Use

Deepak R. Talreja, ... Physician Ashman Berton W ... Physician Eynon Michelle M Physician Novosel Tracy MD Physician Virginia Beach Internal ... Physician

Suggested Use

Top Pick Law Firm Parking Lot & Garage Building Supply Restaurant Electrical Service Auto Repair Shop

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
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,311
Businesses Nearby
Under-served
Demand for This Use

Demographics for 23454, VA

58,665
Population
24,253
Households
2.4
Avg Household Size
38
Median Age
43%
College-Educated
94%
High-School Grad
22.5 sq mi
ZIP Area
2,607
Density / Sq Mi
$97,835
Median Household Income
$48,961
Median Earnings
$1,600
Median Rent
$401,900
Median Home Value

Market

Lease Benchmarks for Virginia Beach, VA

$24.1 /SF/Yr
Avg Asking Price
$12–$32.5 /SF/Yr
Price Range
4,812 SF
Avg Space Size

This space is priced 8% above the average of $24.1 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Office space with modern amenities and ample parking available for lease.
Where is this medical office space located?
The property is located at 1101 First Colonial Road Virginia Beach, VA.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Strategic location for visibility and accessibility; Ample parking for tenants and visitors; Modern amenities and flexible floor plans
More about this property
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