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Two-Building Flex Space Portfolio
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4417 Expressway Dr, Virginia Beach, VA 23452

Office and warehouse improvements support corporate operations with both grade-level and dock-level loading access.

Property Size58,656 SF
Lot Size3.50 Acres
Days on Market142

Property Features for 4417 Expressway Dr

General Information

Standard status Active
Size 58,656 SF
Lot size 3.50 Acres
Property subtype Industrial

Financials

Asking Price $15,250,000
Cap Rate 6.95%

Additional Details

Highway Access Yes
Drive-In Doors 5

Building Details

Buildings 2
Tenancy Single
Owner Occupied No
Abandoned No
Listing Agency: S.L. Nusbaum Realty Co
Listed By: Doug Aronson · License #FL BK3274104
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 10:14PM

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

Investment Insights

Based on property information with market context.

This Virginia Beach flex property includes two buildings totaling 58,656 square feet on approximately 3.5 acres. The primary office building offers approximately 15,997 square feet configured for executive offices and support functions. A separate 42,659-square-foot office/warehouse building adds flexible work and storage areas, along with five roll-up doors serving grade-level and dock-level loading. The property has been occupied by Electronic Systems, Inc., a Xerox Business Solutions Company, which operates digital technology and customer support systems from the site.

The asset sits in an office park less than one mile from I-264. Hotels, restaurants, and Mount Trashmore Park are nearby, while Virginia Beach Town Center is approximately a five-minute drive away. The property is offered with a 6.95% cap rate.

Key Highlights

  • Two‑building flex property totaling 58,656 SF on approximately 3.5 acres
  • 42,659 SF office/warehouse building with five roll‑up doors
  • 15,997 SF primary office building configured for executive and support staff

Property Analytics

Current Use

Electronic Systems, Inc. (Bike/Boat/Book/etc) Store

Suggested Use

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

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

5
Drive-in doors
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,244
Businesses Nearby
Under-served
Demand for This Use

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

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
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Similar Off Market Nearby

  • Lunch In Motion 146 thalia village shoppes, virginia beach, va 23452

Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse improvements support corporate operations with both grade-level and dock-level loading access.
Where is this flex space located?
The property is located at 4417 Expressway Dr Virginia Beach, VA.
What are key features of this property?
This property features: Two‑building flex property totaling 58,656 SF on approximately 3.5 acres; 42,659 SF office/warehouse building with five roll‑up doors; 15,997 SF primary office building configured for executive and support staff
(757) 282-6510 Call to check price and availability
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