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Office Suite with On-Site Parking
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816 Independence Blvd, Virginia Beach, VA 23455

Office suite on the Sentara Independence campus with ample, well-lit on-site parking.

Property Size1,671 SF
Days on Market827

Property Features for 816 Independence Blvd

General Information

Standard status Active
Size 1,671 SF
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: S.L. Nusbaum Realty Co - Corporate
Listed By: John M Profilet
Source: Moodyscre
Added: Apr 25, 2024 Changed: Jul 29 Last Checked: Jul 30 at 8:22AM

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 S.L. Nusbaum Realty Co - Corporate

Investment Insights

Based on property information with market context.

This office suite is well located on the campus of Sentara Independence and designed for convenient day-to-day operations. The offering includes a full service lease with janitorial service, excluding infectious or regulated medical waste, and the landlord provides a generous contribution to tenant construction costs.

The property is centrally located in Virginia Beach on Independence Boulevard near Haygood, with convenient access to shopping and restaurants as well as Virginia Beach Town Center.

On-site parking is available and well-lit, supporting easy tenant and visitor access.

Key Highlights

  • Office suite located on the Sentara Independence campus
  • Central Virginia Beach location on Independence Boulevard near Haygood
  • Ample, well‑lit on‑site parking

Property Analytics

Current Use

Sentara Therapy Center ... Medical Clinic Gulhan Adam M ... Physician Sentara Pulmonary, Critical ... Medical Clinic Lo Lumsden Physician Catherine Anne Dalton, ... Physician

Suggested Use

Top Pick Law Firm Building Supply Restaurant Big Box & Wholesale Store Auto Parts Store Nail Salon

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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

983
Businesses Nearby

Demographics for 23455, VA

50,599
Population
22,286
Households
2.3
Avg Household Size
38
Median Age
42%
College-Educated
95%
High-School Grad
15.2 sq mi
ZIP Area
3,329
Density / Sq Mi
$88,223
Median Household Income
$49,119
Median Earnings
$1,610
Median Rent
$397,700
Median Home Value

Market

Lease Benchmarks for Virginia Beach, VA

$10.77 /SF/Yr
Avg Asking Price
$0.8–$21.82 /SF/Yr
Price Range
9,195 SF
Avg Space Size

This space is priced 62% above the average of $10.77 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office suite on the Sentara Independence campus with ample, well-lit on-site parking.
Where is this office units located?
The property is located at 816 Independence Blvd Virginia Beach, VA.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Office suite located on the Sentara Independence campus; Central Virginia Beach location on Independence Boulevard near Haygood; Ample, well‑lit on‑site parking
(757) 679-3278 Call to check price and availability
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