240 Corporate Blvd Norfolk, VA 23502
For Sale
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Riverside Corporate Center offers exceptional Class A office space in the heart of Hampton Roads, Virginia. This single, four-story building boasts 94,027 square feet situated on 4.9 acres of land, providing ample parking and convenient access. Built in 1989, the property features a multiple tenancy structure with flexible suite sizes ranging from 1,000 to 20,000 square feet, catering to diverse business needs. Its prime location at the intersection of I-64 and I-264 ensures effortless commuting for employees and clients. The property benefits from excellent public transportation access, with immediate proximity to The Tide Light Rail at Military Highway Station and an HRT bus stop conveniently located nearby. Businesses will appreciate the abundance of nearby amenities, including a variety of restaurants and retail options. Furthermore, the property's strategic location places it near the Military Circle Mall, currently undergoing a significant mixed-use redevelopment project, promising future growth and enhanced surrounding infrastructure. This presents a unique opportunity to establish a presence in a thriving and dynamic business environment. The building's modern design and convenient location make it an ideal choice for businesses seeking a prestigious and functional workspace. Contact us today to explore available spaces and learn more about this exceptional property.
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AtWork Personnel Employment Agency
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First Lab Medical Laboratory
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FHC Health Systems Crisis Center Medical Clinic
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J L Marshall & Associates Inc Business Management Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
O-1 · Norfolk, VANorfolk. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.