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    5705 Lynnhaven Pkwy Virginia Beach, VA 23464

    Sponsored
    For Lease
    $18 SF/Yr ($15,750 /Mo)

    Executive Suites, 10,500 SF Available

    Lot size:
    10,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,500 square foot commercial property, located at 5705 Lynnhaven Parkway in Virginia Beach, Virginia (zip code 23464), offers a unique opportunity for businesses seeking flexible office space. The building is classified as both retail and office, currently featuring multiple tenancies. Three spaces are immediately available, ranging from a minimum of 1,276 square feet to a maximum contiguous space of 5,465 square feet. A significant amount of space is currently vacant, totaling 10,498 square feet, presenting a rare chance to secure a substantial footprint in a desirable location. The property sits on a one-acre lot, providing ample parking and visibility. This executive office space is ideal for companies needing a prominent presence in the vibrant Virginia Beach market. The building's versatile layout allows for customization to suit various business needs. Its convenient location in Virginia Beach city, Virginia, offers easy access to major roadways, amenities, and a thriving business community. This is an excellent opportunity to establish or expand your business in a prime location. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 5705 Lynnhaven Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,500 SF
    Total Rate
    15750

    Unit(s) available at that property

    Space
    Unit 105
    Size
    5,465 SF
    Rate per SF
    $18
    Space
    Unit 103
    Size
    1,276 SF
    Rate per SF
    $18
    Space
    Unit 109
    Size
    3,757 SF
    Rate per SF
    $18

    HighLights

    • 10,500 SF commercial property at 5705 Lynnhaven Parkway, Virginia Beach, VA 23464, offering flexible office and retail space.
    • High‑end retail component linked to a 226‑unit apartment complex.
    • Excellent visibility at the intersection of Lynnhaven Parkway and Centerville Turnpike.
    • Clear signage at the front and back of each suite, plus pylon signs at entrances.
    Property Profile Location Intelligence

    Current Use by Public Records

    Learn With Me ... Day Care Center Pourfavor Coffee Shop ... Coffee Shop Anytime Fitness Gym Total Access Fitness Gym Homes by Latisha Real Estate Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach city
    State
    Virginia
    Longitude
    -76.1895247
    Latitude
    36.7704646

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Suites, 10,500 SF Available
    Where is this office property / space located?
    The property is located at 5705 Lynnhaven Pkwy Virginia Beach, VA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 10,500 SF commercial property at 5705 Lynnhaven Parkway, Virginia Beach, VA 23464, offering flexible office and retail space.; High-end retail component linked to a 226-unit apartment complex.; Excellent visibility at the intersection of Lynnhaven Parkway and Centerville Turnpike.
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    5705 Lynnhaven Pkwy Virginia Beach, VA 23464
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    Virginia Beach, VA 23464
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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
    5705 Lynnhaven Pkwy Virginia Beach, VA 23464
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