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Executive Office & Medical Building
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5511 Princess Anne Rd, Virginia Beach, VA 23462

Executive/Medical building in Kempsville with high visibility and accessibility.

Space Size2,279 SF - 3,678 SF
Property Size17,115 SF
Days on Market164

Property Features for 5511 Princess Anne Rd

General Information

Standard status Active
Size 2,279 SF - 3,678 SF
Class B
Total Parking Spaces 2
Property subtype Office, Special Purpose
Lease Type Modified Gross

Building Details

Building Size 17,115 SF
Year Built 1987
Tenancy Multiple

Spaces For Lease

at 5511 Princess Anne Rd Contact us

Suite #100

Size
3,678 SF
Type
Office, Special Purpose
Lease Type
Modified Gross
Availability
Active
Contact us

Suite #200-202

Size
3,111 SF
Type
Office, Special Purpose
Lease Type
Modified Gross
Availability
Active
Contact us

Suite #203

Size
2,279 SF
Type
Office, Special Purpose
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: RE/MAX ALLEGIANCE
Listed By: Mark Rusnak · License #VA 0225-031965
Source: Crexi
Added: Mar 20 Changed: Aug 26 Last Checked: Aug 29 at 3:16PM

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 RE/MAX ALLEGIANCE

Investment Insights

Based on property information with market context.

This two-story freestanding Executive Office & Medical Building is located in the Kempsville area and offers visibility and exposure on Princess Anne Rd. The building includes an elevator and access to two parking lots. Its location provides connectivity to Interstate 64 & 264, and proximity to Sentara Leigh Hospital. The property is positioned to draw attention from high traffic and benefits from sign exposure.

Key Highlights

  • Prime visibility and exposure on Princess Anne Rd in the Kempsville area.
  • Convenient access to two spacious parking lots.
  • Two‑story freestanding building with an elevator.

Property Analytics

Current Use

Dr. Delia Perez, ... Physician Long & Foster Property ... Property Management Company D. Barry Iacono ... Tax Preparation Patricia James Dental Office Retinal consultants Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Pharmacy Grocery & Convenience Store Cafe & Coffee Shop 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

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

559
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

$24.1 /SF/Yr
Avg Asking Price
$12–$32.5 /SF/Yr
Price Range
4,812 SF
Avg Space Size

This space is priced 17% below the average of $24.1 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Manning Anthony DVM 5269 Challedon Dr, Virginia Beach, VA 23462
  • AVUE - Affordable Veterinary Ultrasound, Endoscopy, and Internal Medicine 5293 Princess Anne Rd, Virginia Beach, VA 23462
  • Paul Berdoulay DVM, DACVIM 5293 Princess Anne Rd, Virginia Beach, VA 23462

Frequently Asked Questions

What type of property is this?
Medical Office Space - Executive/Medical building in Kempsville with high visibility and accessibility.
Where is this medical office space located?
The property is located at 5511 Princess Anne Rd Virginia Beach, VA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime visibility and exposure on Princess Anne Rd in the Kempsville area.; Convenient access to two spacious parking lots.; Two‑story freestanding building with an elevator.
(757) 213-4505 Call to check price and availability
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