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Flex Space with Outdoor Storage
New
For Lease
$12,000/Mo

1158 Pickett Road, Norfolk, VA 23502

Commercial/Industrial, Norfolk, VA

Space SizeContact for details
Lot Size9,856.00 Acres
Days on Market5

Property Features for 1158 Pickett Road

General Information

Property type Commercial Lease
Property subtype Other
Zoning I-2
Subdivision ALL OTHERS AREA 12
Standard status Active
Size 13,000 SF
Lot size 9,856.00 Acres

Utilities

Heating system Electric (Heating)
Cooling system Central Air

Building Details

Year built 1973
Listing Agency: Atkinson Realty
Listed By: Clay Atkinson
Added: Sep 18 Changed: Sep 21 Last Checked: Sep 22 at 2:06PM
MLS# 10654318

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 13,000-square-foot flex property combines finished office improvements with open warehouse space and an outdoor storage area. The office component includes a reception area, conference rooms, private offices, and an open bullpen layout. Central air conditioning and electric heating serve the building, which was constructed in 1973.

The property is near JANAF and Norfolk International Airport, with access to I-64 and I-264. Zoning is I-2. The tenant is responsible for utilities and HVAC maintenance, and the space is available for immediate occupancy.

Key Highlights

  • 13,000‑square‑foot flex property
  • Finished office areas with reception, conference rooms, private offices, and open bullpen space
  • Open warehouse area plus a large outdoor storage area

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - I-2-zoned flex property combines finished office areas, warehouse space, and outdoor storage near major Norfolk transportation routes.
Where is this flex space located?
The property is located at 1158 Pickett Road Norfolk, VA.
What is the lease rate?
The lease rate is $12,000/Mo.
What are key features of this property?
This property features: 13,000‑square‑foot flex property; Finished office areas with reception, conference rooms, private offices, and open bullpen space; Open warehouse area plus a large outdoor storage area
More about this property
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