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Flex Office/Warehouse Space
New
For Lease
$12,000/Mo

1158 Pickett Rd, Norfolk, VA 23502

Versatile office and warehouse property with outdoor storage and immediate availability.

Space SizeContact for details
Days on Market4

Property Features for 1158 Pickett Rd

General Information

Standard status Active

Site & Location

Highway Access Yes
Outdoor Storage Yes

Additional Details

Available From Immediate
Office Build-Out 3,800 SF

Building Details

Year Built 1973
Listing Agency: Atkinson Realty
Listed By: Clay Atkinson
Source: Honorableservicerealty
Added: Sep 20 Last Checked: Sep 22 at 7:24PM

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 Atkinson Realty

Investment Insights

Based on property information with market context.

This flex property combines approximately 3,800 SF of finished office area with nearly 10,000 SF of open warehouse space. The office component includes reception space, conference rooms, private offices, and an open bullpen. The warehouse area supports storage, distribution, operations, and other business uses, while a large outdoor storage area adds usable capacity. The property was built in 1973 and totals approximately 13,000 SF.

Located near JANAF and Norfolk International Airport, the property provides access to I-64 and I-264. It is available for immediate occupancy. The tenant is responsible for utilities and HVAC system maintenance.

Key Highlights

  • Approximately 3,800 SF of finished office space
  • Nearly 10,000 SF of open warehouse space
  • Large outdoor storage area

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Bakery Cafe & Coffee Shop Kitchen & Bath Showroom Gym & Fitness Center Veterinary Clinic

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.66 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

746
Businesses Nearby
Balanced
Demand for This Use

Demographics for 23502, VA

20,547
Population
8,839
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
89%
High-School Grad
9.9 sq mi
ZIP Area
2,075
Density / Sq Mi
$66,467
Median Household Income
$37,213
Median Earnings
$1,335
Median Rent
$244,800
Median Home Value

Market

Lease Benchmarks for Norfolk, VA

$11.18 /SF/Yr
Avg Asking Price
$9.75–$12 /SF/Yr
Price Range
8,509 SF
Avg Space Size

This space is priced 1% below the average of $11.18 /SF/Yr.

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Tom's Galley 5552 Raby Rd, Norfolk, VA 23502
  • Firehouse Subs Janaf Mall 5802 E Virginia Beach Blvd Ste 117, Norfolk, VA 23502

Frequently Asked Questions

What type of property is this?
Flex space - Versatile office and warehouse property with outdoor storage and immediate availability.
Where is this flex space located?
The property is located at 1158 Pickett Rd Norfolk, VA.
What is the lease rate?
The lease rate is $12,000/Mo.
What are key features of this property?
This property features: Approximately 3,800 SF of finished office space; Nearly 10,000 SF of open warehouse space; Large outdoor storage area
More about this property
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