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5055 Virginia Beach Blvd 2,042 SF of Industrial Space Available in Virginia Beach, VA 23462
Highlights
- 0.432 +/- acre triangular parcel
- Zoned B-2 Community Business District
- Convenient access to I-64 & I-264
- Approximately 195 feet of Virginia Beach Blvd frontage
- Excellent visibility and traffic counts
- Completely updated
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,042 SF | Negotiable | $11.46 /SF/YR $0.96 /SF/MO $23,401 /YR $1,950 /MO | Triple Net (NNN) |
1st Floor
Sales Center / Office The sales center features a welcoming lounge area, two private offices, and two in-suite restrooms. Expansive glass on three sides provides abundant natural light and visibility, while a high-definition security camera system supports daily operations and monitoring. Conditioning & Prep Garage The conditioning and preparation garage includes two service bays, two overhead doors, and a dedicated restroom. Four skylights and new LED lighting enhance interior visibility, while the aluminum foam-sealed roof contributes to the functionality of the workspace.
- Lease rate does not include utilities, property expenses or building services
- Includes 870 SF of dedicated office space
- Security System
- Space is an outparcel at this property
- Two private offices support management functions.
- Dedicated lounge area enhances staff comfort.
- High-definition security camera system installed.
- Two service bays support vehicle preparation.
- Two overhead doors allow efficient access.
- New LED lighting installed throughout the space.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,042 SF | Gross Leasable Area | 2,740 SF |
| Property Type | Retail | Year Built | 1965 |
| Property Subtype | Auto Dealership | Parking Ratio | 10/1,000 SF |
| Total Space Available | 2,042 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 2,740 SF |
| Year Built | 1965 |
| Parking Ratio | 10/1,000 SF |
About the Property
The property is located at 5055 Virginia Beach Blvd in Virginia Beach, Virginia. The site is improved with a retail building constructed in 1965 and is identified as an automotive dealership property. The property includes vehicle display areas, a two-car garage, and pylon signage. The location fronts Virginia Beach Boulevard and is situated within a commercial corridor near Interstate 264 and other regional transportation routes.
- Pylon Sign
Nearby Major Retailers
Contact the Leasing Agent
5055 Virginia Beach Blvd