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Two-Unit Office Building
For Sale
Contact for pricing
Pending

5913 Portsmouth Boulevard, Portsmouth, VA 23701

Fully occupied office property with pole signage, parking, and existing leases.

Property SizeContact for details
Days on Market142

Property Features for 5913 Portsmouth Boulevard

General Information

Standard status Pending
Property subtype Special Purpose, Office
Occupancy 100%

Additional Details

Utilities to Site Yes

Building Details

Tenancy Multi
Listing Agency: Century 21 Top Producers
Listed By: Nicholas Halmond- Walters · License #VA
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:33PM

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 Century 21 Top Producers

Investment Insights

Based on property information with market context.

This fully occupied office property contains two units with existing leases that are to be honored. A five-year clause provides for continued lease occupancy, while tenants pay all utilities. Ownership is responsible for major-system maintenance and landscaping.

One unit received a roof replacement in 2019. The site offers pole signage along Portsmouth Boulevard, abundant parking, and land identified for additional construction. The property is located in Portsmouth, Virginia.

Key Highlights

  • Two office units with full occupancy
  • Existing leases include a 5 yr. clause to continue lease
  • Tenants pay all utilities; owner handles major‑system maintenance and landscaping

Property Analytics

Current Use

Hermosa Studios Hair Salon All About You ... Home Health Care Service

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Skin Care Clinic Auto Repair Shop Building Supply

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

230
Businesses Nearby

Demographics for 23701, VA

24,629
Population
10,318
Households
2.4
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
7.7 sq mi
ZIP Area
3,199
Density / Sq Mi
$63,389
Median Household Income
$44,633
Median Earnings
$1,313
Median Rent
$218,900
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Fully occupied office property with pole signage, parking, and existing leases.
Where is this office building located?
The property is located at 5913 Portsmouth Boulevard Portsmouth, VA.
What are key features of this property?
This property features: Two office units with full occupancy; Existing leases include a 5 yr. clause to continue lease; Tenants pay all utilities; owner handles major‑system maintenance and landscaping
More about this property
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