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Flex Space with Warehouse

500 Central Drive, Virginia Beach, VA 23454

For Lease
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I-1-zoned condominium combines office and warehouse space with water, sewer, trash, and condominium fees included.

Space Size2,300 SF
Days on Market35

Property Features for 500 Central Drive

General Information

Standard status Active
Size 2,300 SF
Net Rentable 2,300 SF
Property subtype Industrial
Zoning I-1

Space & Availability

Available Space 2,300 SF
Contiguous Space 2,300 SF
Space Use Industrial
Available From Immediate

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Clear Height 18 ft

Spaces For Lease

at 500 Central Drive
#105 Active
Size 2,300 SF
Contact us
Listing Agency: Parker Burnell Real Estate Group
Listed By: Troy Parker · License VA #0225036218
Source: Crexi
Added: Oct 7 Changed: Nov 8 Last Checked: Nov 8 at 6:22PM

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 Parker Burnell Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

Located within Oceana East Industrial Park, this flex condominium offers approximately 2,300 square feet in Suite 105. The layout includes six offices, 1.5 bathrooms, a kitchenette, and warehouse space with 18-foot clear height and a 10-by-12-foot overhead door. The property is zoned I-1 and is available for immediate occupancy. Electricity is paid separately; water, sewer, trash, and condominium fees are included.

The property is at 500 Central Drive in Virginia Beach, with access to I-264 via London Bridge Boulevard. London Bridge Road is also identified as a park access point.

Key Highlights

  • Approximately 2,300 SF in Suite 105
  • Six offices, 1.5 bathrooms, and a kitchenette
  • Warehouse area with 18' clear height and a 10'x12' overhead door

Property Analytics

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

Current Use

Agra Lawns Landscaping Resource Communications, Inc. Telecommunications Service Johnny Storms Natural ... Alternative Medicine Practice Gawdess Touch Studio Hair Salon Artis Entertainment Group Recording Studio

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Butcher Parking Lot & Garage Bakery Hair Salon

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

18 ft
Clear height
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby
Balanced
Demand for This Use

Demographics for 23454, VA

58,665
Population
24,253
Households
2.4
Avg Household Size
38
Median Age
43%
College-Educated
94%
High-School Grad
22.5 sq mi
ZIP Area
2,607
Density / Sq Mi
$97,835
Median Household Income
$48,961
Median Earnings
$1,600
Median Rent
$401,900
Median Home Value
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Market

Properties on Market for Flex space in Virginia Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - I-1-zoned condominium combines office and warehouse space with water, sewer, trash, and condominium fees included.
Where is this flex space located?
The property is located at 500 Central Drive Virginia Beach, VA.
What are key features of this property?
This property features: Approximately 2,300 SF in Suite 105; Six offices, 1.5 bathrooms, and a kitchenette; Warehouse area with 18' clear height and a 10'x12' overhead door
(757) 407-9499 Call to check price and availability
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