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    5029 Corporate Wood Dr. Virginia Bch Virginia Beach, VA 23462

    For Lease
    $19 SF/Yr

    Executive Suites, 7 Spaces Available

    Lot size:
    26,022 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Corporate Woods, located at 5029 & 5041 Corporate Woods Dr. in Virginia Beach, VA 23462, offers a premier office opportunity. This exceptional property boasts a total of 26,022 square feet of meticulously maintained office space, currently featuring 25,102 square feet available for lease. The building is ideally suited for businesses seeking flexible space options, with a minimum divisible unit of 1,321 square feet and a maximum contiguous space of 10,414 square feet. Seven individual spaces are currently available, providing a range of sizes to accommodate various business needs and growth strategies. The property's convenient location in Virginia Beach offers easy access to major transportation routes, ensuring seamless commutes for employees and clients. This is an excellent chance to secure high-quality office space in a thriving business community. The property is classified as both Executive Office and Commercial, catering to a diverse range of potential tenants. The building's design and amenities are tailored to provide a productive and comfortable work environment. Inquire today to learn more about leasing options and secure your ideal space within this sought-after Virginia Beach location.

    Property Features for 5029 Corporate Wood Dr. Virginia Bch

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,022 SF
    Total Rate
    42285.75

    Unit(s) available at that property

    Space
    Suite C225
    Size
    10,315 SF
    Rate per SF
    $19
    Space
    Suite C230
    Size
    2,551 SF
    Rate per SF
    $19
    Space
    Suite C301
    Size
    4,925 SF
    Rate per SF
    $19
    Space
    Suite G100
    Size
    1,944 SF
    Rate per SF
    $19
    Space
    Suite C180
    Size
    2,453 SF
    Rate per SF
    $19
    Space
    Suite C185
    Size
    1,321 SF
    Rate per SF
    $19
    Space
    Suite C200
    Size
    5,951 SF
    Rate per SF
    $19

    HighLights

    • $19.50/SF, full‑service gross lease.
    • Ample parking.
    • Convenient interstate access.
    • Professionally landscaped grounds.
    • Shared conference space available to tenants in both buildings.
    • Adjacent to the Simon Family Jewish Community Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Virginia Beach
    County
    Virginia Beach City
    State
    Virginia
    Longitude
    -76.1543713
    Latitude
    36.8338275

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Suites, 7 Spaces Available
    Where is this office property / space located?
    The property is located at 5029 Corporate Wood Dr. Virginia Bch Virginia Beach, VA.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: $19.50/SF, full-service gross lease.; Ample parking.; Convenient interstate access.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5029 Corporate Wood Dr. Virginia Bch Virginia Beach, VA 23462
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