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Class A Office Building
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222 Central Park Avenue, Virginia Beach, VA 23462

Premium office space in Virginia Beach's Central Business District.

Space Size2,153 SF
Property Size327,123 SF
Days on Market2075

Property Features for 222 Central Park Avenue

General Information

Standard status Active
Size 2,153 SF
Class A
Total Parking Spaces 850
Property subtype Office
Lease Type Full Service

Building Details

Building Size 327,123 SF
Tenancy Multiple

Spaces For Lease

at 222 Central Park Avenue Contact us

18th Floor

Size
2,153 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Divaris Real Estate Inc
Listed By: Michael Divaris, SIOR · License #VA
Source: Crexi
Added: Dec 7, 2020 Changed: Aug 8 Last Checked: Aug 13 at 5:58AM

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 Divaris Real Estate Inc

Investment Insights

Based on property information with market context.

Armada Hoffler Tower is a twenty-one story Class A office building located in The Town Center of Virginia Beach. The building includes 9 floors of 850 free structured parking spaces. The Town Center of Virginia Beach is a mixed-use city center, comprised of Class A office space, retail stores, restaurants, two hotels and apartments, in Virginia Beach's Central Business District. It is centrally located and close to Interstate 264. Upscale dining, banking, luxury apartments, retail shops, personal service providers and a private health club are within walking distance. Free covered parking is included.

Key Highlights

  • Class A office space in the heart of The Town Center of Virginia Beach.
  • Free structured parking (850 spaces) included.
  • Centrally located in Virginia Beach's Central Business District, with close proximity to Interstate 264.

Property Analytics

Current Use

Jeff Rosen Law Firm Willcox Savage Law Firm Mark R. Baumgartner Law Firm Moriarty Joseph P Law Firm Mark E. Slaughter, ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Tanning Salon Wine and Liquor Store Clothing & Fashion Store Pet Grooming 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

NNN (Triple Net)
Lease Type
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,574
Businesses Nearby

Demographics for 23462, VA

68,045
Population
29,729
Households
2.3
Avg Household Size
34
Median Age
31%
College-Educated
94%
High-School Grad
11.0 sq mi
ZIP Area
6,186
Density / Sq Mi
$69,680
Median Household Income
$43,613
Median Earnings
$1,652
Median Rent
$269,400
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 - Premium office space in Virginia Beach's Central Business District.
Where is this office building located?
The property is located at 222 Central Park Avenue Virginia Beach, VA.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: Class A office space in the heart of The Town Center of Virginia Beach.; Free structured parking (850 spaces) included.; Centrally located in Virginia Beach's Central Business District, with close proximity to Interstate 264.
More about this property
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