Building Details

Building Size 61,488 SF

Year Built 1992

Tenancy Multiple

Spaces For Lease

at 514 Butler Farm Rd Contact us

1

Size

15,033 SF

Type

Office

Lease Type

Full Service

Availability

Active

Contact us

Listing Agency: Harvey Lindsay Commercial Real Estate Peninsula Show Phone

Listed By: Matt Leffler CCIM · License #0225065290

Source: Crexi

Added: Mar 4, 2025 Changed: Aug 31 Last Checked: Aug 29 at 10:16AM

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Investment Insights

Based on property information with market context.

This is a 61,488 square foot office building constructed in 1992.

Key Highlights

• 61,488 SF Office Building
• Building Built in 1992

Property Analytics

Property Profile

Current Use

Dcaa Military Base IBEX Corporate Office

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Restaurant Spa & Massage Center Auto Parts Store

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

$2.48 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

517

Businesses Nearby

Explore this area Business Placement

Demographics for 23666, VA

52,845

Population

25,117

Households

2.1

Avg Household Size

37

Median Age

27%

College-Educated

91%

High-School Grad

19.4 sq mi

ZIP Area

2,724

Density / Sq Mi

$70,798

Median Household Income

$42,552

Median Earnings

$1,439

Median Rent

$241,600

Median Home Value

Market

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 building - 61,488 SF office building constructed in 1992.

Where is this office building located?

The property is located at 514 Butler Farm Rd Hampton, VA.

What is the lease rate?

The lease rate is $16.50 SF/Yr.

What are key features of this property?

This property features: 61,488 SF Office Building; Building Built in 1992