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Move-In Ready Office Suite
For Lease
$1,134/Mo

117 S First Colonial Rd, Virginia Beach, VA 23454

First-floor space includes a reception area, kitchenette, restroom, and three private offices in a two-story building.

Space SizeContact for details
Days on Market48

Property Features for 117 S First Colonial Rd

General Information

Standard status Active
Property subtype Office

Additional Details

Highway Access Yes

Building Details

Stories 2
Listing Agency: Norfolk - Main
Listed By: Drew Ott
Source: Colliers
Added: Jul 13 Changed: Aug 16 Last Checked: Aug 29 at 5:50AM

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 Norfolk - Main

Investment Insights

Based on property information with market context.

This two-story office building offers a first-floor layout that is move-in ready. The suite includes a reception area, kitchenette, restroom, and three large private offices, finished with high-end finishes.

The property is located with close proximity to Oceanfront, Hilltop, and NAS Oceana, with easy access to 264.

Offered for rent, the space provides a straightforward office configuration centered around a reception entry and multiple private offices.

Key Highlights

  • Two‑story office building with first‑floor space move‑in ready
  • First‑floor includes a reception area, kitchenette, restroom, and 3 large private offices
  • Close proximity to Oceanfront, Hilltop, and NAS Oceana

Property Analytics

Current Use

ABC Pest Management ... Garden Center Fash Co Inc Plumbing Service

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Big Box & Wholesale Store Hotel & Motel Grocery & Convenience Store

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
$0.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

363
Businesses Nearby

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

$26.74 /SF/Yr
Avg Asking Price
$4.28–$195 /SF/Yr
Price Range
5,334 SF
Avg Space Size

This space is priced 78% below the average of $26.74 /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?
Office units - First-floor space includes a reception area, kitchenette, restroom, and three private offices in a two-story building.
Where is this office units located?
The property is located at 117 S First Colonial Rd Virginia Beach, VA.
What is the lease rate?
The lease rate is $1,134/Mo.
What are key features of this property?
This property features: Two‑story office building with first‑floor space move‑in ready; First‑floor includes a reception area, kitchenette, restroom, and 3 large private offices; Close proximity to Oceanfront, Hilltop, and NAS Oceana
More about this property
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