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Office-Flex Condo Suite
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2500 Almeda Ave, Norfolk, VA 23513

Flex condo offers 4,507 SF of office/flex space plus an additional 3,750 SF second-story bonus area.

Space Size8,247 SF
Days on Market199

Property Features for 2500 Almeda Ave

General Information

Standard status Active
Size 8,247 SF
Property subtype FLEX_R_AND_D
Lease Type NNN

Site & Location

Neighborhood Foxhall

Spaces For Lease

at 2500 Almeda Ave
2500 Almeda Ave $13.50/SF/Yr
Floor 1
Size 8,247 SF
Type FLEX_R_AND_D
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
• ±4,507 SF office / flex condo • Additional ±3,750 SF Bonus 2nd story space • Year Built: 1985 • Block construction • Zoning: BC-O, Business Commerce – Office (Located in Enterprise Zone) • Ample parking • Convenient access to I-64 & 1-264 • Lease Rate: $13.50 PSF, NNN • NNN: $3.30 PSF
Contact us
Listing Agency: Cushman & Wakefield | Thalhimer - Virginia Beach
Listed By: Brett Sain · License #0225244493
Source: Moodyscre
Added: Apr 15 Changed: Oct 26 Last Checked: Oct 28 at 11:56AM

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 - Virginia Beach

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 office-flex condo provides 4,507 SF of office/flex space within a block-constructed building built in 1985. An additional 3,750 SF bonus second-story space is included, giving tenants flexibility to configure operations across two levels.

The property is zoned BC-O, Business Commerce – Office, and is located in an Enterprise Zone. The site offers ample parking and convenient access to I-64 and I-264, supporting straightforward customer and employee access.

Lease terms include an asking rent of $13.50 PSF, NNN, with estimated NNN charges of $3.30 PSF.

Key Highlights

  • 4,507 SF office/flex condo with an additional 3,750 SF second‑story bonus space
  • Lease rate: $13.50 PSF, NNN
  • NNN charges: $3.30 PSF

Property Analytics

Current Use

Master Contractors Of VA ... Construction Company Oakwood Corporate Housing Housing Authority WR Systems, Ltd Engineer The Mass Box (Bike/Boat/Book/etc) Store Cold Air Products General Contractor

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Skin Care Clinic Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

635
Businesses Nearby
Under-served
Demand for This Use

Demographics for 23513, VA

29,105
Population
13,040
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
87%
High-School Grad
5.1 sq mi
ZIP Area
5,707
Density / Sq Mi
$66,875
Median Household Income
$39,547
Median Earnings
$1,187
Median Rent
$226,900
Median Home Value

Market

Lease Benchmarks for Norfolk, VA

$11.18 /SF/Yr
Avg Asking Price
$9.75–$12 /SF/Yr
Price Range
8,761 SF
Avg Space Size

This space is priced 21% above the average of $11.18 /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

Frequently Asked Questions

What type of property is this?
Flex space - Flex condo offers 4,507 SF of office/flex space plus an additional 3,750 SF second-story bonus area.
Where is this flex space located?
The property is located at 2500 Almeda Ave Norfolk, VA.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: 4,507 SF office/flex condo with an additional 3,750 SF second‑story bonus space; Lease rate: $13.50 PSF, NNN; NNN charges: $3.30 PSF
(757) 343-8192 Call to check price and availability
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