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Office Space with Ample Parking
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952 Norfolk Sq, Norfolk, VA

Office space featuring multiple offices, reception, and parking.

Space Size1,656 SF
Lot Size0.59 Acres
Days on Market565

Property Features for 952 Norfolk Sq

General Information

Standard status Active
Size 1,656 SF
Lot size 0.59 Acres
Property subtype OFFICE

Spaces For Lease

at 952 Norfolk Sq
952 Norfolk Sq $16.50/SF/Yr
Floor 1
Size 1,656 SF
Type OFFICE
Lease Type NET_NNN
Availability AVAILABLE, Now
Sublease No
- Building heated and cooled throughout - 7 offices, 1 reception area, and 1 filing - City water and sewage - Natural gas heat - 2 restrooms - 16 parking spaces
Contact us
Listing Agency: Divaris Real Estate - Richmond
Listed By: Elizabeth Paasch
Source: Moodyscre
Added: Apr 1, 2025 Changed: Oct 6 Last Checked: Oct 16 at 8:10AM

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 - Richmond

Rey
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Investment Insights

Based on property information with market context.

This office space offers 1656 square feet of heated and cooled area. The layout includes 7 offices, a reception area, and a filing area. The property is equipped with city water and sewage services, and natural gas heating. There are 2 restrooms available. The property provides 16 parking spaces.

Key Highlights

  • 16 parking spaces available
  • 7 offices and reception area
  • Building heated and cooled throughout

Property Analytics

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Current Use

SERVPRO of Kempsville/Military Circle Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Gym & Fitness Center

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

355
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Norfolk, VA

$29.89 /SF/Yr
Avg Asking Price
$2.74–$48 /SF/Yr
Price Range
4,688 SF
Avg Space Size

This space is priced 45% below the average of $29.89 /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

Frequently Asked Questions

What type of property is this?
Office units - Office space featuring multiple offices, reception, and parking.
Where is this office units located?
The property is located at 952 Norfolk Sq Norfolk, VA.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: 16 parking spaces available; 7 offices and reception area; Building heated and cooled throughout
(757) 333-4322 Call to check price and availability
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