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240 Corporate Blvd Norfolk, VA 23502

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Prime Norfolk Office, 94,027 SF, $13.5M

Property size:
94,027 SF

Property Features for 240 Corporate Blvd

General Information

Property type
Office properties & Spaces
Square Feet
94,027 SF
Lot Size
213,444 SF

Building Details

Year Built
1989
Buildings
1
Stories
4

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Listing Contact
Clark Baldwin
Clark Baldwin

Listing Agency: Harvey Lindsay Commercial Real Estate Listing Agent: Clark Baldwin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

The Riverside Corporate Center, located at 240 Corporate Blvd, Norfolk, VA 23502, presents a compelling investment opportunity. This four-story, 94,027 square foot office building, constructed in 1989, sits on a 4.9-acre lot and offers both executive and traditional office spaces. The property is situated in a highly desirable location within the Hampton Roads area, benefiting from excellent access to major transportation arteries including I-64 and I-264. Public transportation is readily available via The Tide Light Rail (Military Highway Station) and an HRT bus stop directly at the intersection of Corporate and Military Boulevards. The building operates under an Absolute NNN lease type with multiple tenants. The asking price is $13,500,000, translating to a price per square foot of $143.58. The property's strategic location provides easy access to a variety of amenities, including numerous restaurants and retail establishments. Furthermore, its proximity to the Military Circle Mall, slated for a significant mixed-use redevelopment, promises future growth and increased value. This presents a rare opportunity to acquire a substantial, well-located office building in a thriving market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

AtWork Personnel Employment Agency First Lab Medical Laboratory FHC Health Systems Crisis Center J L Marshall ... Business Management Consultant

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Norfolk
County
Norfolk City
State
Virginia
Longitude
-76.212333357652
Latitude
36.837020325565

FAQs

What type of property is this?
Office property - Prime Norfolk Office, 94,027 SF, $13.5M
Where is this office property located?
The property is located at 240 Corporate Blvd Norfolk, VA.
What is the asking price?
The asking price for this property is $13,500,000.
What are key features of this property?
This property features: Excellent walkability to diverse restaurants and retail options.; Proximity to Military Circle Mall, undergoing a significant mixed-use redevelopment.;
(757) 640-9290 Call to check price and availability
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