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Industrial Warehouse Parcel with Frontage
For Lease
$10 SF/Yr

5400 Virginia Beach Boulevard, Virginia Beach, VA 23462

Two-warehouse industrial site on 7.5 acres with extensive boulevard frontage for industrial use or redevelopment.

Space Size115,325 SF
Lot Size7.50 Acres
Days on Market147

Property Features for 5400 Virginia Beach Boulevard

General Information

Standard status Active
Size 115,325 SF
Lot size 7.50 Acres
Property subtype Industrial
Lease Term NNN

Building Details

Building Size 115,325 SF

Spaces For Lease

at 5400 Virginia Beach Boulevard
5404 Virginia Beach Blvd $10/SF/Yr
Size 115,325 SF
Term Negotiable
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Listed By: Stephanie Sanker, CCIM, SIOR
Source: Slnusbaum
Added: Jun 3 Changed: Oct 26 Last Checked: Oct 26 at 3:04PM

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 Stephanie Sanker, CCIM, SIOR

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Investment Insights

Based on property information with market context.

The property at 5400 Virginia Beach Boulevard includes two warehouses situated on 7.5 acres. The industrial configuration supports warehousing operations and also provides flexibility for parties considering a redevelopment plan.

With 352 feet of frontage on Virginia Beach Boulevard, the site offers prominent exposure along a major thoroughfare. The location is described as being in the heart of the business district, approximately two miles from the Virginia Beach Town Center.

For tenants, this layout can fit a range of warehouse-oriented requirements needing on-site distribution or storage in a multi-building setup. For buyers and developers, the combination of highway-facing frontage and a two-warehouse platform can serve as a starting point for industrial occupancy today or redevelopment planning moving forward.

Key Highlights

  • Two‑warehouse industrial property on 7.5 acres
  • 352 feet of frontage on Virginia Beach Boulevard
  • Located in the heart of the business district, about 2 miles from the Virginia Beach Town Center

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Atlantic Dominion Distributors ... Distribution Center

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy Restaurant Garden Center (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,278
Businesses Nearby
Balanced
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Virginia Beach, VA

$13.9 /SF/Yr
Avg Asking Price
$10–$19 /SF/Yr
Price Range
12,617 SF
Avg Space Size

This space is priced 28% below the average of $13.9 /SF/Yr.

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

Similar Off Market Nearby

  • Runnymede Corporation — 5198 Cleveland Pl # A, Virginia Beach, VA 23462
  • CubeSmart Self Storage — 5198a Cleveland St, Virginia Beach, VA 23462
  • The Moto Lodge — 248 Pennsylvania Ave, Virginia Beach, VA 23462
  • Public Storage — 5529 Virginia Beach Blvd, Virginia Beach, VA 23462
  • StorageMart — 617 Baker Rd, Virginia Beach, VA 23462

Frequently Asked Questions

What type of property is this?
Warehouse - Two-warehouse industrial site on 7.5 acres with extensive boulevard frontage for industrial use or redevelopment.
Where is this warehouse located?
The property is located at 5400 Virginia Beach Boulevard Virginia Beach, VA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Two‑warehouse industrial property on 7.5 acres; 352 feet of frontage on Virginia Beach Boulevard; Located in the heart of the business district, about 2 miles from the Virginia Beach Town Center
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