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Downtown Office Tower with Parking
For Lease
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440 Monticello Ave, Norfolk, VA 23510

Modern office tower offers tenant access to a fitness center, conference room seating up to 50, and covered parking.

Space Size1,760 SF - 24,500 SF
Days on Market239

Property Features for 440 Monticello Ave

General Information

Standard status Active
Size 1,760 SF - 24,500 SF
Property subtype RETAIL
Lease Type Full Service

Site & Location

Neighborhood Downtown
Highway Access Yes
Road Access Yes

Amenities

fitness center
conference facility
private shuttle service

Spaces For Lease

at 440 Monticello Ave Contact us

440 Monticello Ave AVAILABLE, Now

Floor Lobby
Size 4,945 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Located within a 255,000 SF, Class A office tower with 50,000 SF of street-level retail space - 1,857 on-site parking spaces, including reserved spaces for take-out customers - Neighboring tenants include: Buffalo Wild Wings, Saffron Indian Bistro, 7-Eleven, Sushi King and Twisted Crab! - Sits just below Monticello Station, a 121-unit luxury apartment community - Downtown Norfolk submarket has 2,682 apartment units with an additional 537 units under construction and a vacancy rate of only 5.1% - Immediately adjacent to Chrysler Hall, Scope Arena, and 931,000 SF MacArthur Center Mall
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440 Monticello Ave $25/SF/Yr

Floor 11
Size 24,500 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- Newest office tower in Downtown Norfolk - Walking distance to MacArthur Center Mall, Neon District, Chrysler Hall, SCOPE, and numerous restaurants and apartments - Immediate access to I-264 and I-464 - Most efficient parking garage in Downtown Norfolk with limited columns making travel easy for tenants and visitors - Building serviced by two separate electrical power circuits for automatic power supply in an outage - State-of-the-art fitness center available to all tenants - Building conference facility with seating up to 50 available to all office tenants - Complimentary private shuttle service for all tenants.
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440 Monticello Ave $25/SF/Yr

Floor 12
Size 10,754 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- Newest office tower in Downtown Norfolk - Walking distance to MacArthur Center Mall, Neon District, Chrysler Hall, SCOPE, and numerous restaurants and apartments - Immediate access to I-264 and I-464 - Most efficient parking garage in Downtown Norfolk with limited columns making travel easy for tenants and visitors - Building serviced by two separate electrical power circuits for automatic power supply in an outage - State-of-the-art fitness center available to all tenants - Building conference facility with seating up to 50 available to all office tenants - Complimentary private shuttle service for all tenants.
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440 Monticello Ave $25/SF/Yr

Floor 12
Size 7,412 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- Newest office tower in Downtown Norfolk - Walking distance to MacArthur Center Mall, Neon District, Chrysler Hall, SCOPE, and numerous restaurants and apartments - Immediate access to I-264 and I-464 - Most efficient parking garage in Downtown Norfolk with limited columns making travel easy for tenants and visitors - Building serviced by two separate electrical power circuits for automatic power supply in an outage - State-of-the-art fitness center available to all tenants - Building conference facility with seating up to 50 available to all office tenants - Complimentary private shuttle service for all tenants.
Contact us

440 Monticello Ave $25/SF/Yr

Floor 14
Size 24,500 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- Newest office tower in Downtown Norfolk - Walking distance to MacArthur Center Mall, Neon District, Chrysler Hall, SCOPE, and numerous restaurants and apartments - Immediate access to I-264 and I-464 - Most efficient parking garage in Downtown Norfolk with limited columns making travel easy for tenants and visitors - Building serviced by two separate electrical power circuits for automatic power supply in an outage - State-of-the-art fitness center available to all tenants - Building conference facility with seating up to 50 available to all office tenants - Complimentary private shuttle service for all tenants.
Contact us

440 Monticello Ave $25/SF/Yr

Floor 15
Size 24,500 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- Newest office tower in Downtown Norfolk - Walking distance to MacArthur Center Mall, Neon District, Chrysler Hall, SCOPE, and numerous restaurants and apartments - Immediate access to I-264 and I-464 - Most efficient parking garage in Downtown Norfolk with limited columns making travel easy for tenants and visitors - Building serviced by two separate electrical power circuits for automatic power supply in an outage - State-of-the-art fitness center available to all tenants - Building conference facility with seating up to 50 available to all office tenants - Complimentary private shuttle service for all tenants.
Contact us

440 Monticello Ave $25/SF/Yr

Floor 19
Size 10,747 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- Newest office tower in Downtown Norfolk - Walking distance to MacArthur Center Mall, Neon District, Chrysler Hall, SCOPE, and numerous restaurants and apartments - Immediate access to I-264 and I-464 - Most efficient parking garage in Downtown Norfolk with limited columns making travel easy for tenants and visitors - Building serviced by two separate electrical power circuits for automatic power supply in an outage - State-of-the-art fitness center available to all tenants - Building conference facility with seating up to 50 available to all office tenants - Complimentary private shuttle service for all tenants.
Contact us

440 Monticello Ave $25/SF/Yr

Floor 20
Size 1,760 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
- Newest office tower in Downtown Norfolk - Walking distance to MacArthur Center Mall, Neon District, Chrysler Hall, SCOPE, and numerous restaurants and apartments - Immediate access to I-264 and I-464 - Most efficient parking garage in Downtown Norfolk with limited columns making travel easy for tenants and visitors - Building serviced by two separate electrical power circuits for automatic power supply in an outage - State-of-the-art fitness center available to all tenants - Building conference facility with seating up to 50 available to all office tenants - Complimentary private shuttle service for all tenants.
Contact us

Wells Fargo Center $25/SF/Yr

Floor 18
Size 8,470 SF
Type OFFICE
Availability AVAILABLE, Now
Sublease Yes
- Newest office tower in Downtown Norfolk Walking distance to MacArthur Center Mall, Neon District, Chrysler Hall, SCOPE, and numerous restaurants and apartments - Immediate access to I-264 and I-464 - Most efficient parking garage in Downtown Norfolk with limited columns making travel easy for tenants and visitors - Building serviced by two separate electrical power circuits for automatic power supply in an outage - Building conference facility with seating up to 50 available to all office tenants - LEED Gold Certified by the U.S. Green Building Council - Complimentary private shuttle service for all tenants - 15th Floor is Plug and Play
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Listing Agency: S L Nusbaum Realty Co - Corporate
Listed By: Lindsay Bangel
Source: Moodyscre
Added: Mar 3 Changed: Oct 26 Last Checked: Oct 28 at 11:35AM

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

Rey
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Investment Insights

Based on property information with market context.

This newest office tower in Downtown Norfolk features a parking garage described as efficient for tenant and visitor movement, with limited columns. The building is serviced by two separate electrical power circuits designed for automatic power supply during an outage. Amenities include a state-of-the-art fitness center available to all tenants and a conference facility with seating up to 50, also available to office tenants.

The property is positioned within walking distance of MacArthur Center Mall, the Neon District, Chrysler Hall, SCOPE, and numerous restaurants and apartments. It also provides immediate access to I-264 and I-464, supporting convenient arrival and departure for employees and clients.

Additional tenant convenience includes a complimentary private shuttle service available to all tenants.

Key Highlights

  • Newest office tower in Downtown Norfolk
  • Walking distance to MacArthur Center Mall, Neon District, Chrysler Hall, SCOPE, and nearby restaurants and apartments
  • Immediate access to I‑264 and I‑464

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

RecoveryTrek (Bike/Boat/Book/etc) Store in8 chiropractic - Norfolk Alternative Medicine Practice Tidewater Media Solutions Marketing & Advertising Willcox & Savage, P.C. Law Firm Wiley Law Offices, ... Law Firm

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Carpet & Flooring Store Home Appliance Store Plumbing Service Veterinary Clinic

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
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,730
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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?
Office building - Modern office tower offers tenant access to a fitness center, conference room seating up to 50, and covered parking.
Where is this office building located?
The property is located at 440 Monticello Ave Norfolk, VA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Newest office tower in Downtown Norfolk; Walking distance to MacArthur Center Mall, Neon District, Chrysler Hall, SCOPE, and nearby restaurants and apartments; Immediate access to I‑264 and I‑464
(757) 263-4847 Call to check price and availability
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