801 East 25th Street Norfolk, VA 23504
Fully leased flex building with four tenant suites, grade-level doors, and convenient access to major transportation routes.
Property Features for 801 East 25th Street
General Information
- Standard status
- Active
- Size
- 18,740 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2009
Listing office S.L. Nusbaum Realty Co - Corporate (757) 640-2254
Listing date Jun 29, 2026
Source Slnusbaum
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.
Located in the West Norfolk industrial submarket, the asset offers direct access to I-664 and Route 164 and proximity to the Port of Virginia. The surrounding corridor supports efficient regional connectivity, which can be a key consideration for logistics and distribution-adjacent users.
With 100% leasing and stable in-place tenancy, this is suited for buyers seeking a move-forward opportunity in a flex/warehouse configuration already arranged for multiple occupancies. The four-suite layout can also be useful for tenants or operators who prefer compartmentalized space within one building while relying on the existing functional features such as grade-level access, parking, and vehicle maneuvering.
Key Highlights
- Fully leased 18,740 SF flex building demised into four (4) tenant suites
- 100% leased with a diverse tenant mix and stable cash flow
- Grade‑level doors with ample parking and maneuverability
Local Financial Insights For Flex RnD
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 | $292.3k | $15.60 |
| − Vacancy | −$11.7k | −$0.62 |
| EGI | $280.7k | $14.98 |
| − OpEx | −$98.2k | −$5.24 |
| NOI | $182.4k | $9.73 |
Alternative Uses
Property Analytics
Current Use by Public Records
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