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Medical Office Space Sublease
For Lease
$26.50 SF/Yr

885 Kempsville Rd, Norfolk, VA 23502

Class 'A' medical office space near Sentara Leigh Hospital.

Space Size7,936 SF
Property Size73,896 SF
Days on Market165

Property Features for 885 Kempsville Rd

General Information

Standard status Active
Size 7,936 SF
Class A
Property subtype Office
Lease Term Full Service

Building Details

Building Size 73,896 SF
Year Built 2001

Spaces For Lease

at 885 Kempsville Rd Contact us

Suite 221 (Sublease) $26.50/SF/Yr

Size
7,936 SF
Type
Medical
Term
Negotiable
Contact us
Listing Agency: S.L. Nusbaum Realty Co - Corporate
Listed By: Michael Good
Source: Slnusbaum
Added: Mar 6 Changed: Aug 17 Last Checked: Aug 18 at 6:21AM

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 sublease opportunity is situated in the Amelia Building, a Class 'A' medical office building within Park Central Office Park. The location provides convenient access to Downtown Norfolk, Virginia Beach Oceanfront, and Chesapeake, with proximity to the I-64/I-264 interchange and across from Sentara Leigh Hospital. Suite 221 offers approximately 3,000-7,936 contiguous square feet. The sublease is available through November 30, 2029. The flexible floorplan features expansive windows that allow ample natural light. The floor is accessible by two elevators, one of which is gurney-sized. Professional on-site management and maintenance services are provided. The building also features a convenient covered drop-off area. The property is located within the Newtown/Witchduck Office Submarket.

Key Highlights

  • Class 'A' medical office building in Park Central Office Park.
  • Located across from Sentara Leigh Hospital.
  • Convenient access to I‑64/I‑264 interchange, Downtown Norfolk, Virginia Beach Oceanfront, and Chesapeake.

Property Analytics

Current Use

Carilion Norfolk Patient Medical Clinic Integrated Dermatology Of Tidewater Medical Clinic Pediatric Specialists Pediatrician National Clinical Research ... Medical Clinic Digestive And Liver Disease ... Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Electrical Service Storage Facility Garden Center Cafe & Coffee Shop

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
$3.97 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,765
Businesses Nearby
Under-served
Demand for This Use

Demographics for 23502, VA

20,547
Population
8,839
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
89%
High-School Grad
9.9 sq mi
ZIP Area
2,075
Density / Sq Mi
$66,467
Median Household Income
$37,213
Median Earnings
$1,335
Median Rent
$244,800
Median Home Value

Market

Lease Benchmarks for Norfolk, VA

$24.08 /SF/Yr
Avg Asking Price
$14.5–$31 /SF/Yr
Price Range
8,099 SF
Avg Space Size

This space is priced 10% above the average of $24.08 /SF/Yr.

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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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Class 'A' medical office space near Sentara Leigh Hospital.
Where is this medical office space located?
The property is located at 885 Kempsville Rd Norfolk, VA.
What is the lease rate?
The lease rate is $26.50 SF/Yr.
What are key features of this property?
This property features: Class 'A' medical office building in Park Central Office Park.; Located across from Sentara Leigh Hospital.; Convenient access to I‑64/I‑264 interchange, Downtown Norfolk, Virginia Beach Oceanfront, and Chesapeake.
More about this property
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