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Flex Space with Planned Retail Facade
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5151 Bonney Rd, Virginia Beach, VA 23462

Two-building flex space with ample surface parking and planned facade and landscaping improvements near Virginia Beach Town Center.

Property Size9,526 SF
Days on Market382

Property Features for 5151 Bonney Rd

General Information

Standard status Active
Size 9,526 SF
Property subtype FLEX_R_AND_D

Additional Details

Highway Access Yes

Building Details

Buildings 2
Building Size 62,000 SF
Listing Agency: Colliers | Norfolk
Listed By: Ricky Anderson · License #0225181900
Source: Moodyscre
Added: Jul 14, 2025 Changed: Jul 30 Last Checked: Jul 30 at 11:45AM

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 Colliers | Norfolk

Investment Insights

Based on property information with market context.

Two-building flex space totaling 62,000 SF, offering ample surface parking on site. Planned improvements include a new facade for retail storefronts and landscaping intended to increase visibility.

The property is located near Virginia Beach Town Center and provides easy access to I-264, supporting convenient arrival for customers and tenants.

This setup is well-suited for businesses that need a combination of flexible operating space with retail-facing frontage, while benefiting from strong on-site parking for everyday traffic.

Key Highlights

  • Two buildings totaling 62,000 SF
  • Ample surface parking available on site
  • Planned new facade for retail storefronts

Property Analytics

Current Use

Logit US, Inc. Advertising Agency Thrive ABA Consulting, ... Association Or Organization Legal Quest Property Management Company QED Systems Inc-Bonney ... Engineering Consultant Zachary Migioia Physician

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Food Market Furniture & Home Goods Pharmacy Daycare 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

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby
Under-served
Demand for This Use

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

$55.01 /SF/Yr
Avg Asking Price
$0.8–$141 /SF/Yr
Price Range
8,467 SF
Avg Space Size

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Detour Catering Company — 405 S Witchduck Rd, Virginia Beach, VA 23462
  • LIF Catering ( African food 😋) — 4841 Dolton Dr, Virginia Beach, VA 23462
  • Fresh Crunch Food — 405 S Witchduck Rd, Virginia Beach, VA 23462

Frequently Asked Questions

What type of property is this?
Flex space - Two-building flex space with ample surface parking and planned facade and landscaping improvements near Virginia Beach Town Center.
Where is this flex space located?
The property is located at 5151 Bonney Rd Virginia Beach, VA.
What are key features of this property?
This property features: Two buildings totaling 62,000 SF; Ample surface parking available on site; Planned new facade for retail storefronts
(757) 217-1892 Call to check price and availability
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