Two-Story Office
For Lease
Contact for pricing
850 West 40th Street, Norfolk, VA 23508
Flexible office configuration with included utilities and separate upper-level functionality.
Space Size1,825 SF
Days on Market36
Property Features for 850 West 40th Street
General Information
Standard status
Active
Size
1,825 SF
Net Rentable
1,825 SF
Property subtype
Office
Space & Availability
Available Space
1,825 SF
Contiguous Space
1,825 SF
Divisible
Yes
Space Use
Office
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Amenities
private restrooms
Spaces For Lease
at 850 West 40th Street
#1
Active
Size
1,825 SF
Listing Agency:
S.L. Nusbaum Realty Co
Listed By:
Race Foy · License #0225280180
Source:
Crexi
Added: Sep 11
Changed: Oct 14
Last Checked: Oct 15 at 12:13AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,825 SF office suite is arranged across two levels, with multiple offices, conference rooms, and private restrooms. The upper floor can operate independently from the main level, supporting distinct departments, executive functions, training activities, or administrative work within the same premises. Utilities are included in the occupancy arrangement.
The property is near Old Dominion University in Norfolk and provides access to Hampton Boulevard, Colley Avenue, Downtown Norfolk, Naval Station Norfolk, and the regional interstate network. Its combination of defined work areas, meeting space, private restrooms, and separable floor configuration accommodates a range of office operations.
The property is near Old Dominion University in Norfolk and provides access to Hampton Boulevard, Colley Avenue, Downtown Norfolk, Naval Station Norfolk, and the regional interstate network. Its combination of defined work areas, meeting space, private restrooms, and separable floor configuration accommodates a range of office operations.
Key Highlights
- 1,825 SF office suite arranged across two levels
- Multiple offices, conference rooms, and private restrooms
- Upper level can function independently from the main floor
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,005
Businesses Nearby
Explore this area
Business Placement
Demographics for 23508, VA
20,485
Population
7,112
Households
2.9
Avg Household Size
27
Median Age
56%
College-Educated
93%
High-School Grad
3.3 sq mi
ZIP Area
6,208
Density / Sq Mi
$74,524
Median Household Income
$24,975
Median Earnings
$1,381
Median Rent
$384,800
Median Home Value
Market
Lease Benchmarks for Norfolk, VA
$29.89 /SF/Yr
Avg Asking Price
$2.74–$48 /SF/Yr
Price Range
4,688 SF
Avg Space Size
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Flexible office configuration with included utilities and separate upper-level functionality.
Where is this office units located?
The property is located at 850 West 40th Street Norfolk, VA.
What are key features of this property?
This property features: 1,825 SF office suite arranged across two levels; Multiple offices, conference rooms, and private restrooms; Upper level can function independently from the main floor
