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Class A Office/Medical Space
For Lease
$29.50 SF/Yr

301 Riverview Avenue, Norfolk, VA 23510

Office/medical space near medical hub with waterfront views.

Space Size3,177 SF - 10,048 SF
Property Size196,205 SF
Days on Market176

Property Features for 301 Riverview Avenue

General Information

Standard status Active
Size 3,177 SF - 10,048 SF
Class A
Property subtype Office
Lease Term Full Service

Building Details

Building Size 196,205 SF

Spaces For Lease

at 301 Riverview Avenue Contact us

First Floor Shell $29.50/SF/Yr

Size
3,177 SF
Type
Medical
Term
Negotiable
Contact us

Fourth Floor Shell $29.50/SF/Yr

Size
10,048 SF
Type
Medical
Term
Negotiable
Contact us

Sixth Floor Shell $29.50/SF/Yr

Size
9,477 SF
Type
Medical
Term
Negotiable
Contact us
Listing Agency: S.L. Nusbaum Realty Co - Corporate
Listed By: John M. Profilet, SIOR
Source: Slnusbaum
Added: Mar 6 Changed: Aug 27 Last Checked: Aug 29 at 7:02AM

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 S.L. Nusbaum Realty Co - Corporate

Investment Insights

Based on property information with market context.

Available for lease is office and medical space ranging from 3,177 to 12,965 square feet within a 9-story Class A building encompassing 196,205 square feet. The property is situated less than half a mile from the medical hub comprising Sentara Norfolk General, CHKD, EVMS, and the Jones Institute. It features unobstructed waterfront views of the Elizabeth River. The location is one block from the Norfolk/EVMC station for the Norfolk Light Rail, The Tide. An attached covered parking garage provides a parking ratio of 4 spaces per 1,000 square feet, offering approximately 765 non-exclusive spaces for patients and staff, along with a covered patient drop-off area. The building offers 24-hour access with on-site security and on-site property management. The full-service lease includes janitorial services, excluding infectious/regulated medical waste. The landlord provides a contribution to tenant construction costs.

Key Highlights

  • Up to 12,965 LSF of Class A office/medical space available.
  • Located less than half a mile from Sentara Norfolk General, CHKD, EVMS, and the Jones Institute.
  • Attached covered parking garage with a generous 4:1,000 SF parking ratio (approximately 765 spaces).

Property Analytics

Current Use

Sentara Therapy Center ... Medical Clinic Beverly Roberts-Atwater Medical Clinic Sentara Fort Norfolk ... Medical Clinic Fort Norfolk Diagnostic ... Medical Clinic Fort Norfolk Cardiology ... Medical Clinic

Suggested Use

Top Pick Auto Repair Shop Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom HVAC Service Storage Facility

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

2,216
Businesses Nearby
Under-served
Demand for This Use

Demographics for 23510, VA

8,778
Population
4,948
Households
1.8
Avg Household Size
33
Median Age
52%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
7,980
Density / Sq Mi
$75,621
Median Household Income
$53,132
Median Earnings
$1,574
Median Rent
$349,700
Median Home Value

Market

Lease Benchmarks for Norfolk, VA

$23.18 /SF/Yr
Avg Asking Price
$14.5–$31 /SF/Yr
Price Range
8,099 SF
Avg Space Size

This space is priced 27% above the average of $23.18 /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
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Similar Off Market Nearby

  • Hague Compounding Pharmacy at Children’s Hospital of Kings Daughter 601 Children's Ln #101, Norfolk, VA 23507

Frequently Asked Questions

What type of property is this?
Medical Office Space - Office/medical space near medical hub with waterfront views.
Where is this medical office space located?
The property is located at 301 Riverview Avenue Norfolk, VA.
What is the lease rate?
The lease rate is $29.50 SF/Yr.
What are key features of this property?
This property features: Up to 12,965 LSF of Class A office/medical space available.; Located less than half a mile from Sentara Norfolk General, CHKD, EVMS, and the Jones Institute.; Attached covered parking garage with a generous 4:1,000 SF parking ratio (approximately 765 spaces).
More about this property
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