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Office Space Near Interstate 264
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502 Viking Drive, Virginia Beach, VA 23452

Office space available near Interstate 264 in Virginia Beach.

Space Size6,810 SF
Property Size13,000 SF
Days on Market2175

Property Features for 502 Viking Drive

General Information

Standard status Active
Size 6,810 SF
Class A
Property subtype Office
Lease Type Net

Building Details

Building Size 13,000 SF
Tenancy Multiple

Spaces For Lease

at 502 Viking Drive Contact us

Suite 100

Size
6,810 SF
Type
Office
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Divaris Real Estate Inc
Listed By: Elizabeth C. Paasch · License #VA
Source: Crexi
Added: Sep 16, 2020 Changed: Aug 21 Last Checked: Aug 26 at 1:35AM

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 Divaris Real Estate Inc

Investment Insights

Based on property information with market context.

This commercial real estate is located approximately 0.5 miles south of the Interstate 264 exit at Lynnhaven Road.

Key Highlights

  • Conveniently located 0.5 mile from Interstate 264 (Lynnhaven Road exit).

Property Analytics

Current Use

Joynes & Gaidies Law Firm Wilson Tracy R Physician Candice Shanel Realty Real Estate Agency CMC Technical Employment Agency Coldwell Banker Now Real Estate Agency

Suggested Use

Top Pick Skin Care Clinic Hotel & Motel Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop

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
$2.78 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,345
Businesses Nearby
Well-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

Lease Benchmarks for Virginia Beach, VA

$26.76 /SF/Yr
Avg Asking Price
$4.28–$195 /SF/Yr
Price Range
21,088 SF
Avg Space Size

This space is priced 31% below the average of $26.76 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Novatech, Inc. 529 Central Dr #102, Virginia Beach, VA 23454
  • Productive AV 421 S Lynnhaven Rd UNIT 103, Virginia Beach, VA 23452

Frequently Asked Questions

What type of property is this?
Office space - Office space available near Interstate 264 in Virginia Beach.
Where is this office space located?
The property is located at 502 Viking Drive Virginia Beach, VA.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Conveniently located 0.5 mile from Interstate 264 (Lynnhaven Road exit).
More about this property
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