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Office Suite with Signal Access
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505 S Independence Blvd, Virginia Beach, VA 23462

Office suite offers easy access to I-264 and the Virginia Beach Courthouse via Edwin Drive.

Space SizeContact for details
Property Size1,472 SF
Days on Market787

Property Features for 505 S Independence Blvd

General Information

Standard status Active
Size 1,472 SF
Property subtype OFFICE

Additional Details

Highway Access Yes
Listing Agency: Pembroke Realty Group
Listed By: Lenny Burns · License #0225192904
Source: Moodyscre
Added: Jun 10, 2024 Changed: Jul 26 Last Checked: Aug 5 at 8:15AM

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 Pembroke Realty Group

Investment Insights

Based on property information with market context.

This office suite is located at 505 S Independence Blvd in Virginia Beach, VA. The property offers convenient ingress and egress through a traffic signal at Edwin Drive, supporting straightforward access for employees, clients, and deliveries.

From the site, drivers can reach I-264 and the Virginia Beach Courthouse via Edwin Drive to Princess Anne Road. The signal-controlled access at Edwin Drive helps streamline turn-in and turn-out movements for routine day-to-day use.

Key Highlights

  • Office suite with easy access to I‑264 via Edwin Drive
  • Convenient access to the Virginia Beach Courthouse via Edwin Drive to Princess Anne Road
  • Ingress/egress available at the traffic signal on Edwin Drive

Property Analytics

Current Use

Lewis Robin J ... Physician Geranameo Bullock Physician Nicholas Jones Physician Jacquetta Garris Physician Byler Enterprises Property Management Company

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Restaurant 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,123
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

Market

Lease Benchmarks for Virginia Beach, VA

$27.29 /SF/Yr
Avg Asking Price
$0.8–$195 /SF/Yr
Price Range
7,562 SF
Avg Space Size

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 - Office suite offers easy access to I-264 and the Virginia Beach Courthouse via Edwin Drive.
Where is this office units located?
The property is located at 505 S Independence Blvd Virginia Beach, VA.
What are key features of this property?
This property features: Office suite with easy access to I‑264 via Edwin Drive; Convenient access to the Virginia Beach Courthouse via Edwin Drive to Princess Anne Road; Ingress/egress available at the traffic signal on Edwin Drive
(757) 490-3141 Call to check price and availability
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