Mears Corner - Virginia Beach, VA Office Space For Lease
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Centerville Commerce Center
1620 Centerville Tpke
Mears Corner, Virginia Beach, VA
This is a brand New Build-out 1,500 SF Office Condo in Virginia Beach with 3 Private Offices and (1) Large Open Work Space Area with ( 1 ) Private ADA Bathroom, and a Kitchenette. The office condo comes with two private parking spaces, and there is plentiful surrounding parking.
$1,500
1,500 SF
College Park Executive Center
900 Commonwealth Pl
Mears Corner, Virginia Beach, VA
Colliers International has been retained as the exclusive representative for the sale of College Park Executive Center in Virginia Beach, Virginia. This Class B two story, office building contains 20,180 rental square feet. The property is located in the College Park area which provides convenient access to interstates, shopping, banking, and medical facilities. The building was constructed in 1975 and is 100% leased to five tenants. Four of these tenants have occupied space in the building for the last decade.
College Park Executive Center is located in the South Norfolk submarket. This submarket consists of 534,807 square feet of office space and has a vacancy rate of 5%. The average full service market rent for South Norfolk is $17.29 per square foot.
The Norfolk office market continues to remain strong with an 11% overall vacancy rate. New developments include Summit Pointe in Chesapeake, which will deliver 150,000 square feet of Class A space in October 2020. The average rents for Class A space is currently $22.42 per square foot.
College Park Executive Center represents a unique opportunity to acquire a stable investment in an excellent location with great upside potential.
Convenient location 1/2 mile from Indian River Road exit of I-64
Strong and stable history of occupancy and performance
Quality mix of government, medical, and executive office suite tenants.
All tenants have remained current throughout the COVID-19 crisis
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6056 Indian River Rd
Mears Corner, Virginia Beach, VA
Building Size:2,576SF
Free standing former bank. High traffic count with 49,275 VPD and high visibility. 20 on-site parking spaces.
$5,366
2,576 SF
1205 Fordham Drive
1205 Fordham Dr
Mears Corner, Virginia Beach, VA
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1932 Kempsville Road
1932 Kempsville Rd
Mears Corner, Virginia Beach, VA
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880 South Military Highway
880 S Military Hwy
Mears Corner, Virginia Beach, VA
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Market Stats
Mears Corner has 53 commercial real estate spaces for lease, representing 354,120 sqft space. 3 buildings are available for sale.
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