Search
Institutionally Maintained Office Portfolio
For Sale
Contact for pricing
Pending

840 Greenbrier Circle, Chesapeake, VA 23320

Two well-maintained office buildings totaling 132,138 SF are offered in fee simple with institutional tenant occupancy.

Property Size132,138 SF
Days on Market124

Property Features for 840 Greenbrier Circle

General Information

Standard status Pending
Size 132,138 SF
Property subtype Office

Building Details

Tenancy Multi
Listing Agency: The Wolff Company LLC
Listed By: Taylor Wolfes · License #GA 322018
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 11 at 7:47AM

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 The Wolff Company LLC

Investment Insights

Based on property information with market context.

JLL is pleased to offer for sale, available together or individually, the fee-simple interest in a two-property office portfolio in Chesapeake, VA. The institutionally maintained and recently repositioned portfolio totals 132,138 SF of office space and is leased to an institutional tenant roster including Cannon Information Technology Services (with Cannon U.S.A. Inc as guarantor), LabCorp (Laboratory Corporation of America Holdings), and Map Communications.

Both buildings are well maintained and feature attractive lobby and common areas, professionally landscaped grounds, and nearby amenities. The portfolio is located in the Greenbrier submarket, part of the Norfolk, VA MSA and the Hampton Roads region of Virginia and North Carolina. The Greenbrier submarket is noted for its concentration of major employers, including the corporate headquarters of Fortune 500 and S&P 500 component Dollar Tree (NASDAQ: DLTR), as well as other large organizations leasing office space in the area.

This offering presents two separately sellable office buildings within a maintained, repositioned portfolio with established tenancy.

Key Highlights

  • Fee‑simple sale of a two‑property office portfolio in Chesapeake, VA (Norfolk, VA MSA / Hampton Roads region).
  • Portfolio totals 132,138 SF of office space.
  • Institutionally maintained and recently repositioned portfolio.

Property Analytics

Current Use

Labcorp Blood Testing Service Answer Center Telephone ... Telecommunications Service Chesapeake Television Studio City Government Office Amanda L. Newins Law Firm Calling Inn Hotel & Motel

Suggested Use

Top Pick Grocery & Convenience Store Food Market Pharmacy Garden Center Parking Lot & Garage Skin Care 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

907
Businesses Nearby

Demographics for 23320, VA

60,412
Population
26,131
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
93%
High-School Grad
31.7 sq mi
ZIP Area
1,906
Density / Sq Mi
$81,736
Median Household Income
$49,403
Median Earnings
$1,654
Median Rent
$323,800
Median Home Value

Market

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Two well-maintained office buildings totaling 132,138 SF are offered in fee simple with institutional tenant occupancy.
Where is this office building located?
The property is located at 840 Greenbrier Circle Chesapeake, VA.
What are key features of this property?
This property features: Fee‑simple sale of a two‑property office portfolio in Chesapeake, VA (Norfolk, VA MSA / Hampton Roads region).; Portfolio totals 132,138 SF of office space.; Institutionally maintained and recently repositioned portfolio.
(757) 348-1477 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message