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Class A Medical Office Building
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1232 Perimeter Pkwy, Virginia Beach, VA 23454

Class A medical office building in Corporate Landing Business Park.

Space Size498 SF - 2,486 SF
Property Size20,000 SF
Days on Market1544

Property Features for 1232 Perimeter Pkwy

General Information

Standard status Active
Size 498 SF - 2,486 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Building Size 20,000 SF
Tenancy Multiple

Spaces For Lease

at 1232 Perimeter Pkwy Contact us

Suite 203

Size
498 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

Suite 205

Size
2,486 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Divaris Real Estate Inc
Listed By: Krista Costa · License #VA
Source: Crexi
Added: May 23, 2022 Changed: Aug 11 Last Checked: Aug 12 at 12:44PM

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 Divaris Real Estate Inc

Investment Insights

Based on property information with market context.

This is a 20,000-square-foot Class A brick and glass medical office building. It is situated just off Corporate Landing Parkway on Perimeter Parkway, backing up to Dam Neck Road, and is adjacent to a fountain in Corporate Landing Business Park. Current tenants include a Chiropractic Center, Chesapeake Bay ENT, Cho Foot & Ankle Specialists, Aria Psychiatry, Department of Veterans Services, and First Colonial Psychotherapy Services. The property is located within five miles of the Sentara Princess Anne Health Campus.

Key Highlights

  • 20,000‑square‑foot Class A medical office building
  • Diverse tenant mix including Chiropractic Center, Chesapeake Bay ENT, Cho Foot & Ankle Specialists, Aria Psychiatry, Department of Veterans Services, and First Colonial Psychotherapy Services
  • Located within five miles of Sentara Princess Anne Health Campus

Property Analytics

Current Use

Beach Chiropractic Alternative Medicine Practice Edison Electricians of Virginia ... Electrical Service The Therapy Network Oceana Medical Clinic Corporate Landing Medical ... Medical Clinic Pendell Gregory MD Geriatric Care Provider

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Law Firm

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

144
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

$24.92 /SF/Yr
Avg Asking Price
$20–$32.5 /SF/Yr
Price Range
5,006 SF
Avg Space Size

This space is priced 4% below the average of $24.92 /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 - Class A medical office building in Corporate Landing Business Park.
Where is this medical office space located?
The property is located at 1232 Perimeter Pkwy Virginia Beach, VA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 20,000‑square‑foot Class A medical office building; Diverse tenant mix including Chiropractic Center, Chesapeake Bay ENT, Cho Foot & Ankle Specialists, Aria Psychiatry, Department of Veterans Services, and First Colonial Psychotherapy Services; Located within five miles of Sentara Princess Anne Health Campus
More about this property
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