Office/Warehouse Flex
For Lease
$14.50 SF/Yr
1399 Air Rail Ave, Virginia Beach, VA 23455
I-1-zoned flex facility with dedicated office area, grade-level loading, 3-phase power, and existing shop equipment.
Space Size5,320 SF
Lot Size0.40 Acres
Days on Market112
Property Features for 1399 Air Rail Ave
General Information
Standard status
Active
Size
5,320 SF
Net Rentable
5,320 SF
Lot size
0.40 Acres
Property subtype
Industrial
Zoning
I-1
Lease Type
NNN
Space & Availability
Available Space
5,320 SF
Contiguous Space
5,320 SF
Space Use
Flex
Lease Terms
Lease Rate
$14.50 /USD/SF/YR
Monthly Rent
$6,428
Rent per SF/Year
$14.50
Warehouse & Industrial
Clear Height
17.3 ft
Office Build-Out
420 SF
Drive-In Doors
4
Three-Phase Power
Yes
Additional Details
Road Access
Yes
Building Details
Building Size
5,320 SF
Listing Agency:
Norfolk - Main
Listed By:
Chamie Burroughs
(757) 217-1878
Source:
Colliers
Added: May 14
Changed: Aug 30
Last Checked: Sep 2 at 1:18PM
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 I-1-zoned flex facility combines approximately 5,320 SF of building area with about 420 SF of office space on approximately 0.4 acres. The warehouse provides clear heights from approximately 16 feet to 17 feet 3 inches, along with four grade-level doors arranged across the front and side elevations. Existing vehicle lifts and shop equipment are included, while 3-phase power supports industrial operations.
The property is located at 1399 Air Rail Avenue within Airport Industrial Park in Virginia Beach. Its position provides access to Norfolk International Airport, Air Rail Avenue, and major Hampton Roads transportation corridors. The layout and installed features support light industrial, automotive, service, and contractor-oriented operations.
The property is located at 1399 Air Rail Avenue within Airport Industrial Park in Virginia Beach. Its position provides access to Norfolk International Airport, Air Rail Avenue, and major Hampton Roads transportation corridors. The layout and installed features support light industrial, automotive, service, and contractor-oriented operations.
Key Highlights
- ±5,320 SF building with approximately 420 SF of office space
- Approximately 0.4 acres in Airport Industrial Park
- I‑1 zoning supports a range of industrial operations
Property Analytics
Property Profile
Current Use
Lease Details
17 ft
Clear height
4
Drive-in doors
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$15.73 /SF/Yr
Avg Asking Price
$11–$21.82 /SF/Yr
Price Range
4,891 SF
Avg Space Size
This space is priced 8% below the average of $15.73 /SF/Yr.
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- TASTE Catering & Events — 1391 Air Rail Ave, Virginia Beach, VA 23455
Frequently Asked Questions
What type of property is this?
Flex space - I-1-zoned flex facility with dedicated office area, grade-level loading, 3-phase power, and existing shop equipment.
Where is this flex space located?
The property is located at 1399 Air Rail Ave Virginia Beach, VA.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: ±5,320 SF building with approximately 420 SF of office space; Approximately 0.4 acres in Airport Industrial Park; I‑1 zoning supports a range of industrial operations
