760 Independence Boulevard Virginia Beach, VA 23455
5,937 SF office building in thriving Virginia Beach area.
Property Features for 760 Independence Boulevard
General Information
- Standard status
- Active
- Size
- 5,937 SF
- Property subtype
- Office
Listing office The Katsias Company (757) 285-8989
Listing date Mar 5, 2026
Source Katsias
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 The Katsias Company
Investment Insights
Based on property information with market context.
Key Highlights
- 5,937 SF building in a thriving Virginia Beach location
- Modern and versatile layout suitable for various office needs
- High visibility and easy access for tenants and clients
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $124.7k | $21.00 |
| − Vacancy | −$19.3k | −$3.26 |
| EGI | $105.4k | $17.75 |
| − OpEx | −$26.3k | −$4.44 |
| NOI | $79.0k | $13.31 |
