Downtown Norfolk Office Space
For Lease
$21 SF/Yr
500 East Main Street, Norfolk, VA 23510
Move-in ready office space in the heart of Downtown Norfolk.
Space Size3,916 SF
Days on Market205
Property Features for 500 East Main Street
General Information
Standard status
Active
Size
3,916 SF
Property subtype
Office
Spaces For Lease
at 500 East Main Street
Suite 1150
Available
Size
3,916 SF
Type
Office
Listing Agency:
CBRE | Norfolk
Listed By:
Margaret Anne Harrison
(757) 448-2129
Source:
Cbre
Added: Mar 25
Changed: Oct 3
Last Checked: Oct 14 at 7:47PM
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 CBRE | Norfolk
Investment Insights
Based on property information with market context.
Located in the heart of Downtown Norfolk, 500 East Main Street is constructed of black steel and glass. The location offers a parking garage adjacent to the building and is one block from City Hall, with many amenities within walking distance. Renovations to the main lobby, facade, ground floor, and elevators were completed in 2019. Suite 1150 offers 3,916 square feet of move-in ready office space. The central business district in Norfolk is in the center of a "Work, Live, and Play" environment. Amenities include 24/7 availability, a tenant lounge, and dining options without leaving the building. The property provides easy access to I-264 and the Downtown Tunnel and is centered amongst a high concentration of restaurants, bars, shops, hotels, and transit.
Key Highlights
- Prime Downtown Norfolk location in the central business district.
- Move‑in ready, 3,916 SF Suite 1150.
- Recent renovations to lobby, facade, ground floor, and elevators (completed in 2019).
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,350
Businesses Nearby
Explore this area
Business Placement
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
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Market
Lease Benchmarks for Norfolk, VA
$29.89 /SF/Yr
Avg Asking Price
$2.74–$48 /SF/Yr
Price Range
4,688 SF
Avg Space Size
This space is priced 30% below the average of $29.89 /SF/Yr.
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Move-in ready office space in the heart of Downtown Norfolk.
Where is this office units located?
The property is located at 500 East Main Street Norfolk, VA.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Norfolk location in the central business district.; Move‑in ready, **3,916 SF Suite 1150.**; Recent renovations to lobby, facade, ground floor, and elevators (completed in 2019).
