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Renovated Office Building

160 Newtown Road, Virginia Beach, VA 23462

For Lease
Contact for pricing

Leasing options span private suites through full-floor layouts, with plans adaptable to tenant requirements.

Space Size1,559 SF - 18,512 SF
Property Size73,865 SF
Lot Size6.41 Acres
Days on Market40

Property Features for 160 Newtown Road

General Information

Standard status Active
Size 1,559 SF - 18,512 SF
Net Rentable 1,375 SF
Class A
Total Parking Spaces 318
Elevators Yes
Lot size 6.41 Acres
Property subtype Office

Space & Availability

Available Space 1,375-18,512 SF
Contiguous Space 18,512 SF
Divisible Yes
Space Use Office

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

shared conference room
kitchenettes
outdoor veranda
landscape improvements
monument signage

Building Details

Year Renovated 2025
Building Size 73,865 SF

Spaces For Lease

at 160 Newtown Road Contact us

3rd Floor Active

Size 18,512 SF
Contact us

Suite 101 Active

Size 2,628 SF
Contact us

Suite 205 Active

Size 4,495 SF
Contact us

Suite 403 Active

Contact us

Suite 404 Active

Size 2,263 SF
Contact us

Suite 406 Active

Size 1,559 SF
Contact us
Listing Agency: Cushman & Wakefield Thalhimer - Norfolk/Virginia Beach, Virginia
Listed By: Grace Altamura · License VA #0225277516
Source: Crexi
Added: Oct 2 Changed: Nov 9 Last Checked: Nov 9 at 1:45PM

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 Cushman & Wakefield Thalhimer - Norfolk/Virginia Beach, Virginia

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This Class A office property encompasses 73,865 square feet on 6.41 acres, with available spaces ranging from 1,375 RSF to 18,512 RSF. Completed in 2025, the renovation introduced a central HVAC plant, updated exterior and windows, and refreshed the lobby, elevators, restrooms, conference room, and kitchenettes. The building also features an outdoor veranda, improved landscaping, and updated monument signage. Floor plans can accommodate individual suites or a full-floor arrangement, with build-out tailored to tenant specifications.

Located by the I-64 and I-264 interchange, the property is 0.3 miles from the Newtown Road light rail station and next to two HRT bus stops. I-264 traffic exceeds 207,000 vehicles per day. On-site parking totals 318 spaces, and restaurants, hotels, and daily services are within a half-mile. The property sits between Downtown Norfolk and Virginia Beach Town Center, within a metropolitan area of 1.8 million people.

Key Highlights

  • Class A office building totaling 73,865 square feet on 6.41 acres
  • Available suites range from 1,375 RSF to 18,512 RSF
  • 2025 renovation included a central HVAC plant, new windows, and refreshed common areas

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

ECPI University Online University DroneUp, LLC Courier Service FIS Loan Service

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Grocery & Convenience Store Electrical Service Pharmacy

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,442
Businesses Nearby

Demographics for 23462, VA

68,045
Population
29,729
Households
2.3
Avg Household Size
34
Median Age
31%
College-Educated
94%
High-School Grad
11.0 sq mi
ZIP Area
6,186
Density / Sq Mi
$69,680
Median Household Income
$43,613
Median Earnings
$1,652
Median Rent
$269,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Virginia Beach, VA

$20.6 /SF/Yr
Avg Asking Price
$13.5–$24 /SF/Yr
Price Range
150,734 SF
Avg Space Size

Properties on Market for Office buildings in Virginia Beach

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office building - Leasing options span private suites through full-floor layouts, with plans adaptable to tenant requirements.
Where is this office building located?
The property is located at 160 Newtown Road Virginia Beach, VA.
What are key features of this property?
This property features: Class A office building totaling 73,865 square feet on 6.41 acres; Available suites range from 1,375 RSF to 18,512 RSF; 2025 renovation included a central HVAC plant, new windows, and refreshed common areas
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