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Flex Building Near I-264
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236 Clearfield Ave, Virginia Beach, VA

36,947 SF flex building with convenient highway access.

Space Size1,856 SF - 2,860 SF
Lot Size15.06 Acres
Days on Market295

Property Features for 236 Clearfield Ave

General Information

Standard status Active
Size 1,856 SF - 2,860 SF
Lot size 15.06 Acres
Property subtype FLEX_R_AND_D
Lease Type NNN

Spaces For Lease

at 236 Clearfield Ave Contact us

236 Clearfield Ave $13.50/SF/Yr

Floor
1
Size
1,856 SF
Type
FLEX_R_AND_D
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- TRC Center II is a 36,947± SF flex building located just ½ mile from the I-264...
show more
Contact us

236 Clearfield Ave $13.50/SF/Yr

Floor
1
Size
2,860 SF
Type
FLEX_R_AND_D
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- TRC Center II is a 36,947± SF flex building located just ½ mile from the I-264...
show more
Contact us
Listing Agency: Commonwealth Commercial
Listed By: Gresh Wall
Source: Moodyscre
Added: Nov 24, 2025 Changed: Sep 13 Last Checked: Sep 15 at 5:34AM

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 Commonwealth Commercial

Investment Insights

Based on property information with market context.

TRC Center II is a 36,947 square foot flex building situated approximately one-half mile from the I-264 and Witchduck Road interchange, offering convenient access to I-264, I-64, and various locations within Hampton Roads. The property is located in close proximity to the Virginia Beach Town Center and a variety of retail amenities. The building features grade-level loading and a parking ratio of 5 spaces per 1,000 square feet. The available space is 6,404 square feet.

Key Highlights

  • Convenient access to I‑264, I‑64, & all areas of Hampton Roads
  • Located just ½ mile from the I‑264 and Witchduck Road interchange
  • Parking Ratio: 5 Spaces/1,000 SF

Property Analytics

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Current Use

Shapiro & Burson LLP Law Firm MyTVZ (WTVZ) Television Studio HarmonyCares Medical Group Home Health Care Service HarmonyCares Hospice Nursing Home Virginia Johnson Physician

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Pharmacy Building Supply Big Box & Wholesale Store

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
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,061
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Virginia Beach, VA

$18.03 /SF/Yr
Avg Asking Price
$12–$21.82 /SF/Yr
Price Range
4,259 SF
Avg Space Size

This space is priced 25% below the average of $18.03 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - 36,947 SF flex building with convenient highway access.
Where is this flex space located?
The property is located at 236 Clearfield Ave Virginia Beach, VA.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: Convenient access to I‑264, I‑64, & all areas of Hampton Roads; Located just ½ mile from the I‑264 and Witchduck Road interchange; Parking Ratio: 5 Spaces/1,000 SF
(757) 461-4732 Call to check price and availability
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