Multi-Tenant Office
5226 Indian River Rd Virginia Beach, VA 23464
5226 Indian River Rd, Virginia Beach, VA, 23464
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For Sale
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Pending
13,125 sq ft office building is 100% occupied by four tenants with staggered lease expirations.
Property Size13,125 SF
Days on Market102
Property Features for 5226 Indian River Rd
General Information
- Standard status
- Pending
- Size
- 13,125 SF
- Property subtype
- Office
Listing agency
Marcus & Millichap - Washington, D.C.
Listed by
Kristina Ermyakina · License #VA 0225258858
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 11:31PM Checked: Jul 20 at 11:31PM
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 Marcus & Millichap - Washington, D.C.
Investment Insights
Based on property information with market context.
5226 Indian River Road is a 13,125-square-foot, 100% occupied office building with four tenants. The primary tenant, Engineering & Testing Services, occupies half of the building, with a lease expiration in June 2027 and an option to renew including a 3% rent escalation.
Other tenants include Glass Doctor, operating at the location for three years, with a lease expiration in December 2028 and a 3% rent escalation on renewals. Life Compass Therapy, a private group practice, has a lease expiration in January 2025 with a 3% escalation on renewal. Sky Surgical has been operating at the location for three years, with a lease expiration in November 2023 and a 3% escalation on renewal.
The property is located near the busy intersection of Indian River Road and Kempsville Road.
Other tenants include Glass Doctor, operating at the location for three years, with a lease expiration in December 2028 and a 3% rent escalation on renewals. Life Compass Therapy, a private group practice, has a lease expiration in January 2025 with a 3% escalation on renewal. Sky Surgical has been operating at the location for three years, with a lease expiration in November 2023 and a 3% escalation on renewal.
The property is located near the busy intersection of Indian River Road and Kempsville Road.
Key Highlights
- 13,125 sq ft building at 5226 Indian River Road, Virginia Beach, VA, fully occupied by 4 tenants
- Engineering & Testing Services tenant occupies half the building; lease expires June 2027 with option to renew and 3% rent escalation
- Glass Doctor tenant has operated at the location for three years; lease expires December 2028 with option to renew and 3% rent escalation
Property Analytics
Location Intelligence
Current Use by Public Records
Glass Doctor of Virginia ...
General Contractor
Priscilla Serrano
Physician
Tamara Allen
Marriage Or Relationship Counselor
Dr. Winke
Physician
Mintz Evan E
Employment Agency
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FAQs
What type of property is this?
Office building - 13,125 sq ft office building is 100% occupied by four tenants with staggered lease expirations.
Where is this office building located?
The property is located at 5226 Indian River Rd Virginia Beach, VA.
What are key features of this property?
This property features: 13,125 sq ft building at 5226 Indian River Road, Virginia Beach, VA, fully occupied by 4 tenants; Engineering & Testing Services tenant occupies half the building; lease expires June 2027 with option to renew and 3% rent escalation; Glass Doctor tenant has operated at the location for three years; lease expires December 2028 with option to renew and 3% rent escalation
