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Central Park Avenue Retail/Office Space
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249 Central Park Avenue, Virginia Beach, VA 23462

Retail and office space available in Virginia Beach Town Center.

Space Size2,724 SF
Property Size94,730 SF
Days on Market2092

Property Features for 249 Central Park Avenue

General Information

Standard status Active
Size 2,724 SF
Class A
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 94,730 SF
Tenancy Multiple

Spaces For Lease

at 249 Central Park Avenue Contact us

Suite 230

Size
2,724 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Divaris Real Estate Inc
Listed By: Michael Divaris, SIOR · License #VA
Source: Crexi
Added: Dec 7, 2020 Changed: Aug 26 Last Checked: Aug 29 at 12:57PM

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 Divaris Real Estate Inc

Investment Insights

Based on property information with market context.

Located at 249 Central Park Avenue, this property is situated in Block 3 of The Town Center of Virginia Beach, above retailers such as Brooks Brothers, The Cheesecake Factory, Three Notch'd Brewing & Craft Kitchen, and Keagan's Irish Pub. Block 3 is part of a 17-block area bounded by Virginia Beach Blvd, Independence Blvd, Columbus Street, and Beasley Drive in Virginia Beach's CBD at Pembroke. The location offers convenient access to upscale dining, banking facilities, luxury apartments, retail shops, personal service providers, and a private health club. Free covered parking is included.

Key Highlights

  • Prime location in The Town Center of Virginia Beach, offering a vibrant urban lifestyle.
  • Walking distance to upscale dining, banking, luxury apartments, retail shops, and personal service providers.
  • Located above popular retailers like Brooks Brothers and The Cheesecake Factory.

Property Analytics

Current Use

Title & Ink Real Estate Agency Trux Team Real Estate Agency Shelby Strickland - Ameriprise ... Financial Advisor David Nygaard Custom ... (Bike/Boat/Book/etc) Store Alvinet Nix, Shaffer ... Real Estate Agency

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Garden Center Kitchen & Bath Showroom Auto Repair Shop

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
$4.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,380
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

Market

Lease Benchmarks for Virginia Beach, VA

$26.74 /SF/Yr
Avg Asking Price
$4.28–$195 /SF/Yr
Price Range
5,334 SF
Avg Space Size

This space is priced 10% above the average of $26.74 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Retail and office space available in Virginia Beach Town Center.
Where is this office units located?
The property is located at 249 Central Park Avenue Virginia Beach, VA.
What is the lease rate?
The lease rate is $29.50 SF/Yr.
What are key features of this property?
This property features: Prime location in The Town Center of Virginia Beach, offering a vibrant urban lifestyle.; Walking distance to upscale dining, banking, luxury apartments, retail shops, and personal service providers.; Located above popular retailers like Brooks Brothers and The Cheesecake Factory.
More about this property
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