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Office Space in Central District
For Lease
$21 SF/Yr

361 Southport Circle, Virginia Beach, VA 23452

Office space available in Virginia Beach's Central Business District.

Space Size1,319 SF - 2,027 SF
Property Size16,000 SF
Days on Market196

Property Features for 361 Southport Circle

General Information

Standard status Active
Size 1,319 SF - 2,027 SF
Class B
Property subtype Office
Lease Term Net Janitorial; Net Janitorial

Building Details

Building Size 16,000 SF

Spaces For Lease

at 361 Southport Circle Contact us

Suite 200 $21/SF/Yr

Size 2,027 SF
Term Negotiable
Contact us

Suite 202 $21/SF/Yr

Size 1,368 SF
Term Negotiable
Contact us

Suite 204 $21/SF/Yr

Size 1,319 SF
Term Negotiable
Contact us
Listing Agency: Divaris Real Estate - Richmond
Listed By: Elizabeth C. Paasch
Source: Divaris
Added: Mar 26 Changed: Oct 1 Last Checked: Oct 5 at 5:22PM

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 - Richmond

Investment Insights

Based on property information with market context.

Located in the Central Business District of Virginia Beach, 3,590 square feet of office space is available for rent at 361 SouthPort Circle. This two-story office building features an elevator, a security system, and ample parking. The building currently houses three tenants: Eastern Va. Ear Nose & Throat Specialists on the first floor, Continental Reality, and Almloff Acupuncture.

Key Highlights

  • Located in the Central Business District of Virginia Beach
  • 3,590 Sq Ft Available
  • 2 Story Office Building with Elevator

Property Analytics

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Current Use

Kimberly Pasquale Physician LO Duct Care HVAC Service Virginia Thermography Gym & Fitness Center Eastern Virginia Ear, ... Physician Dr. David Leonard Physician

Suggested Use

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

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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,254
Businesses Nearby

Demographics for 23452, VA

59,076
Population
23,455
Households
2.5
Avg Household Size
37
Median Age
35%
College-Educated
95%
High-School Grad
15.1 sq mi
ZIP Area
3,912
Density / Sq Mi
$77,327
Median Household Income
$44,009
Median Earnings
$1,571
Median Rent
$324,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Virginia Beach, VA

$20 /SF/Yr
Avg Asking Price
$13.5–$24 /SF/Yr
Price Range
105,069 SF
Avg Space Size

This space is priced 5% above the average of $20 /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 - Office space available in Virginia Beach's Central Business District.
Where is this office building located?
The property is located at 361 Southport Circle Virginia Beach, VA.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Located in the Central Business District of Virginia Beach; 3,590 Sq Ft Available; 2 Story Office Building with Elevator
More about this property
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