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865 Monticello Avenue, Norfolk, VA 23510

Lease availability includes rear parking, utility service, and access to HRT bus routes and the Tide’s Monticello Station.

Space Size16,810 SF
Property Size22,168 SF
Days on Market59

Property Features for 865 Monticello Avenue

General Information

Standard status Active
Size 16,810 SF
Net Rentable 16,810 SF
Class C
Property subtype Office

Space & Availability

Available Space 16,810 SF
Contiguous Space 16,810 SF
Space Use Office

Site & Location

Public Transit Yes
Utilities to Site Yes

Building Details

Building Size 22,168 SF
Year Built 1933

Spaces For Lease

at 865 Monticello Avenue Contact us

865 Monticello Ave

Size
16,810 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: S.L. Nusbaum Realty Co.
Listed By: Austin Glaser · License #0225260892
Source: Slnusbaum
Added: Jul 4 Changed: Aug 30 Last Checked: Aug 31 at 1:01PM

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.

Investment Insights

Based on property information with market context.

Approximately 16,810 rentable square feet of office space is available within a building constructed in 1933. The property occupies the northwest corner of Monticello Avenue and Virginia Beach Boulevard, with parking positioned behind the building.

Transit access includes service on the HRT bus line and proximity to the Tide’s Monticello Station, located within half a mile. Utility service includes electricity from Dominion Energy, natural gas from Virginia Natural Gas, and water and sewer. The property is in the NEON District and falls within both an Enterprise Zone and a Technology Zone.

Key Highlights

  • Approximately 16,810 rentable square feet of office space available for lease
  • Northwest corner of Monticello Avenue and Virginia Beach Boulevard
  • Rear parking available at the building

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Pet Grooming Service Carpet & Flooring Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Butcher Electrical Service

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

Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,900
Businesses Nearby

Demographics for 23510, VA

8,778
Population
4,948
Households
1.8
Avg Household Size
33
Median Age
52%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
7,980
Density / Sq Mi
$75,621
Median Household Income
$53,132
Median Earnings
$1,574
Median Rent
$349,700
Median Home Value

Market

Lease Benchmarks for Norfolk, VA

$34.69 /SF/Yr
Avg Asking Price
$12–$48 /SF/Yr
Price Range
4,469 SF
Avg Space Size

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 - Lease availability includes rear parking, utility service, and access to HRT bus routes and the Tide’s Monticello Station.
Where is this office units located?
The property is located at 865 Monticello Avenue Norfolk, VA.
What are key features of this property?
This property features: Approximately 16,810 rentable square feet of office space available for lease; Northwest corner of Monticello Avenue and Virginia Beach Boulevard; Rear parking available at the building
More about this property
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