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Downtown Norfolk Office Space Available
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 Market158

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 Contact us

Suite 1150

Size
3,916 SF
Type
Office
Availability
Available
Contact us
Listing Agency: CBRE | Norfolk
Listed By: Margaret Anne Harrison
Source: Cbre
Added: Mar 25 Changed: Aug 25 Last Checked: Aug 29 at 7:29AM

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

Current Use

Goldblatt, Cohen & Legum, ... Law Firm Tinkham Law Group ... Law Firm Sharon S. Goodwyn Law Firm Virginia Injury Law Law Firm Gregory N. Stillman Law Firm

Suggested Use

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

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

3,350
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

Market

Lease Benchmarks for Norfolk, VA

$30.25 /SF/Yr
Avg Asking Price
$12–$48 /SF/Yr
Price Range
4,425 SF
Avg Space Size

This space is priced 31% below the average of $30.25 /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 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).
More about this property
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