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Five-Story Office Building with Elevators
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293 Independence Blvd, Virginia Beach, VA 23462

Five-story office building offering 1,251 to 6,461 square feet with two elevators and 200 surface parking spaces.

Property Size4,176 SF
Lot Size2.25 Acres
Days on Market127

Property Features for 293 Independence Blvd

General Information

Standard status Active
Size 4,176 SF
Total Parking Spaces 200
Lot size 2.25 Acres
Property subtype OFFICE
Zoning CBC
Lease Type FS

Additional Details

Utilities to Site Yes

Amenities

elevator

Building Details

Year Built 1971
Stories 5
Listing Agency: Cushman & Wakefield | Thalhimer - Virginia Beach
Listed By: Rob Wright · License #VA 0225035683
Source: Moodyscre
Added: Mar 27 Changed: Jul 25 Last Checked: Jul 30 at 2:38PM

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

Investment Insights

Based on property information with market context.

This five-story office building was built in 1971 and is set up for flexible occupancy, with available suites ranging from 1,251 to 6,461 square feet. The property includes two elevators and provides surface parking for approximately 200 vehicles, supporting daily tenant operations.

The building is located at 293 Independence Blvd in Virginia Beach, VA 23462. Zoning is listed as CBC. Utilities and services include Dominion Power and City of Virginia Beach for electric, water, and sewer, with gas supplied by Virginia Natural Gas. Telecom providers noted are Cox and Verizon, and the lease rate is quoted as $21.50 PSF on a full-service basis.

Key Highlights

  • Five‑story office building with available suites ranging from 1,251 SF to 6,461 SF
  • Two elevators serving the building
  • 200 surface parking spaces (3.92 per 1,000 SF)

Property Analytics

Current Use

Prestige Title Agency ... Title Company Amergis Employment Agency Smith Law Group, ... Law Firm Blue Ridge Services ... Home Health Care Service Champion Enterprises Insurance Agency

Suggested Use

Top Pick Building Supply Garden Center Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Food Market

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
Utilities to site
NNN (Triple Net)
Lease Type
$3.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,104
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

$24.25 /SF/Yr
Avg Asking Price
$20–$32 /SF/Yr
Price Range
14,820 SF
Avg Space Size

This space is priced 11% below the average of $24.25 /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
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Frequently Asked Questions

What type of property is this?
Office building - Five-story office building offering 1,251 to 6,461 square feet with two elevators and 200 surface parking spaces.
Where is this office building located?
The property is located at 293 Independence Blvd Virginia Beach, VA.
What is the lease rate?
The lease rate is $21.50 SF/Yr.
What are key features of this property?
This property features: Five‑story office building with available suites ranging from 1,251 SF to 6,461 SF; Two elevators serving the building; 200 surface parking spaces (3.92 per 1,000 SF)
(757) 499-0783 Call to check price and availability
More about this property
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