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    405 Network Sta Chesapeake, VA 23320

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    For Lease
    $14 SF/Yr ($2,800 /Mo)

    New flex space with customizable buildout in Greenbrier submarket.

    Property size:
    2,400 SF
    Lot size:
    2.12 Acres

    Property Features for 405 Network Sta

    General Information

    Size
    2,400 SF
    Lot size
    2.12 Acres

    Source: Creoteric Commercial Real Estate Agent Jon Elliott

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Flex Space in Chesapeake

    This newly built flex space property, located in the Greenbrier submarket, is scheduled to be delivered in February 2025. The landlord is willing to adjust buildout plans based on tenant needs and lease terms. Each 2,400-square-foot suite will include a 12-foot roll-up grade-level door in the rear of the building, with a retail storefront appearance. Size flexibility allows for up to 12,000 square feet of contiguous space. The property is located seconds away from the Chesapeake Expressway, providing easy access to Hampton Roads. Each suite features high ceilings and 200A, 120/208V, 3-Phase Electrical Service. The planned office to warehouse ratio is 20/80%, but the landlord is willing to adjust the ratio based on tenant needs and lease terms.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2157103
    Latitude
    36.7307554

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    FAQs

    What type of property is this?
    Flex space - New flex space with customizable buildout in Greenbrier submarket.
    Where is this flex space located?
    The property is located at 405 Network Sta Chesapeake, VA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the highly desirable Greenbrier submarket with immediate access to the Chesapeake Expressway.; - Flexible space design with landlord willing to adjust the office/warehouse ratio based on tenant needs.; - Size flexibility with 2,400 SF suites that can be combined for up to 12,000 SF of contiguous space.
    (757) 270-2788
    Request Owner's contact information
    405 Network Sta Chesapeake, VA 23320
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    Chesapeake, VA 23320
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    405 Network Sta Chesapeake, VA 23320
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