Flex Space with Rear
For Lease
$2,400/Mo
5121 E Virginia Beach Boulevard, Norfolk, VA 23502
Commercial/Industrial, Norfolk, VA
Space SizeContact for details
Lot Size0.18 Acres
Days on Market52
Property Features for 5121 E Virginia Beach Boulevard
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
C-2
Parking features
Garage
Subdivision
BROAD CREEK
Standard status
Active
Size
2,200 SF
Lot size
0.18 Acres
Utilities
Heating system
Electric (Heating)
Cooling system
Central Air, Heat Pump
Building Details
Year built
1986
Roof type
Tar/Gravel
Listing Agency:
Greg Garrett Prop Mgmt Inc.
(757) 223-7799
Listed By:
Chuck Dunlap
Added: Aug 7
Changed: Sep 22
Last Checked: Sep 27 at 5:06PM
MLS# 10648112
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Investment Insights
Based on property information with market context.
This 2,200-square-foot flex property at 5121 E Virginia Beach Boulevard combines office, showroom, and warehouse functions in one commercial building. The layout includes a 21-by-15-foot lobby or showroom, three private offices, and a 31-by-15-foot garage or warehouse area at the rear. A mezzanine extending 70 feet provides additional storage for small items.
Built in 1986, the property has electric heating, central air, and a heat pump, along with a tar-and-gravel roof. The 0.18-acre site is zoned C-2 and includes garage parking. Electricity and water are included in the rent. The owner prefers a multiyear lease but will consider a minimum one-year term.
Built in 1986, the property has electric heating, central air, and a heat pump, along with a tar-and-gravel roof. The 0.18-acre site is zoned C-2 and includes garage parking. Electricity and water are included in the rent. The owner prefers a multiyear lease but will consider a minimum one-year term.
Key Highlights
- 2,200 SF flex property on a 0.18‑acre site
- C‑2 zoning with office, showroom, and warehouse areas
- Rear garage/warehouse measures 31x15 feet
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.96 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 23502, VA
20,547
Population
8,839
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
89%
High-School Grad
9.9 sq mi
ZIP Area
2,075
Density / Sq Mi
$66,467
Median Household Income
$37,213
Median Earnings
$1,335
Median Rent
$244,800
Median Home Value
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Market
Lease Benchmarks for Norfolk, VA
$11.18 /SF/Yr
Avg Asking Price
$9.75–$12 /SF/Yr
Price Range
8,509 SF
Avg Space Size
This space is priced 17% above the average of $11.18 /SF/Yr.
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Tom's Galley — 5552 Raby Rd, Norfolk, VA 23502
Frequently Asked Questions
What type of property is this?
Flex space - C-2 space combines showroom, offices, rear warehouse, and mezzanine storage with electricity and water included.
Where is this flex space located?
The property is located at 5121 E Virginia Beach Boulevard Norfolk, VA.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: 2,200 SF flex property on a 0.18‑acre site; C‑2 zoning with office, showroom, and warehouse areas; Rear garage/warehouse measures 31x15 feet
