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Office Suite with Free Surface Parking
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725 Volvo Pkwy, Chesapeake, VA 23320

Office suite with above-code free surface parking and a full-service lease that includes janitorial service.

Property Size4,950 SF
Days on Market1107

Property Features for 725 Volvo Pkwy

General Information

Standard status Active
Size 4,950 SF
Property subtype OFFICE
Lease Type SF/yr
Listing Agency: S.L. Nusbaum Realty Co - Corporate
Listed By: John M Profilet
Source: Moodyscre
Added: Jul 21, 2023 Changed: Jul 29 Last Checked: Jul 30 at 12:24PM

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 S.L. Nusbaum Realty Co - Corporate

Investment Insights

Based on property information with market context.

This office suite offers approximately 4,950 square feet of space for a tenant seeking a full-service lease structure. The lease calls for a minimum five-year term and includes janitorial service, excluding infectious or regulated medical waste. The landlord also provides a generous contribution toward the tenant’s construction costs.

The property includes above-code free surface parking to support daily access and guest parking needs.

With its five-year minimum lease term and full-service janitorial coverage (with the noted medical-waste exclusion), this space may be well suited for an office tenant that values operational support as part of the lease.

Key Highlights

  • About 4,950 SF office suite
  • Minimum five‑year lease term
  • Above‑code free surface parking

Property Analytics

Current Use

Anthony J. Cavallo, ... Physician Rex Galam Diaz Physician Lani Warren Physician Robert Squatrito Physician Tracy Klimaz Physician

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Pet Grooming Service Hotel & Motel Auto Parts Store Wine and Liquor 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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,491
Businesses Nearby

Demographics for 23320, VA

60,412
Population
26,131
Households
2.3
Avg Household Size
39
Median Age
38%
College-Educated
93%
High-School Grad
31.7 sq mi
ZIP Area
1,906
Density / Sq Mi
$81,736
Median Household Income
$49,403
Median Earnings
$1,654
Median Rent
$323,800
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 units - Office suite with above-code free surface parking and a full-service lease that includes janitorial service.
Where is this office units located?
The property is located at 725 Volvo Pkwy Chesapeake, VA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: About 4,950 SF office suite; Minimum five‑year lease term; Above‑code free surface parking
(757) 679-3278 Call to check price and availability
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