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Renovated Office Unit
New
For Lease
$19 SF/Yr

5029 Corporate Woods Drive, Virginia Beach, VA 23462

Commercial/Industrial, Virginia Beach, VA

Space SizeContact for details
Days on Market5

Property Features for 5029 Corporate Woods Drive

General Information

Property type Commercial Lease
Property subtype Other
Parking features Off Street
Subdivision ALL OTHERS AREA 42
Standard status Active
Size 2,565 SF

Utilities

Cooling system Central Air

Amenities

visitor parking
conference room

Building Details

Year built 1988
Listing Agency: Triumph Realty
Listed By: Steve Young
Added: Oct 14 Changed: Oct 17 Last Checked: Oct 18 at 6:06PM
MLS# 10657591

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 2,565-square-foot office unit is in a building constructed in 1988. Interior improvements include new carpet, paint, luxury vinyl plank flooring, and LED lighting. The property has central air conditioning, and elevators connect the floors. A downstairs conference room can be reserved for meetings and events without an added charge.

Visitor parking is positioned at the building entrance. The office is near Town Center with access to I-264. Services are included in the rental price.

Key Highlights

  • 2,565 square feet of office space
  • Renovated with new carpet, paint, luxury vinyl plank flooring, and LED lighting
  • Elevator access between floors

Property Analytics

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Current Use

Enhabit Home Health Home Health Care Service GeoDecisions (Bike/Boat/Book/etc) Store US Gov Accountablity ... Federal Government Office Mid-Atlantic Intergovernmental Government Office Sharon W Hishok ... Financial Advisor

Suggested Use

Top Pick Dental Office Restaurant Skin Care Clinic (Bike/Boat/Book/etc) Store Daycare Center Garden Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

967
Businesses Nearby

Demographics for 23462, VA

68,045
Population
29,729
Households
2.3
Avg Household Size
34
Median Age
31%
College-Educated
94%
High-School Grad
11.0 sq mi
ZIP Area
6,186
Density / Sq Mi
$69,680
Median Household Income
$43,613
Median Earnings
$1,652
Median Rent
$269,400
Median Home Value
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Market

Lease Benchmarks for Virginia Beach, VA

$23.98 /SF/Yr
Avg Asking Price
$4.28–$195 /SF/Yr
Price Range
4,822 SF
Avg Space Size

This space is priced 21% below the average of $23.98 /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

Frequently Asked Questions

What type of property is this?
Office units - Updated finishes, elevator access, and a reservable conference room serve office users near I-264.
Where is this office units located?
The property is located at 5029 Corporate Woods Drive Virginia Beach, VA.
What is the lease rate?
The lease rate is $19 SF/Yr.
What are key features of this property?
This property features: 2,565 square feet of office space; Renovated with new carpet, paint, luxury vinyl plank flooring, and LED lighting; Elevator access between floors
More about this property
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