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7440 Central Business Park Dr 11,704 SF 57% Leased Flex Building Norfolk, VA 23513 $2,210,000 ($188.82/SF)

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Investment Highlights

Owner-User & Investment Opportunity: Approximately 75% leased to Proud Moments ABA, providing stable in-place income, with the remaining ± 2,500 SF av
High-Quality Construction & Finishes: Built in 2008, the property offers modern office finishes, extensive glass, quality construction, and has been p

Long-Term Cash Flow: Proud Moments ABA is committed under a 7+ year lease, providing stable, predictable in-place income.
Strategic Location: Convenient access to I-64, Norfolk International Airport, and Naval Station Norfolk.

Executive Summary

7440 Central Business Park Drive offers a compelling opportunity for both owner-users and investors. The 11,704 SF property is approximately 75% leased to Proud Moments ABA, providing stable in–place income, while the remaining ± 2,500 SF office/warehouse suite is available for immediate occupancy. The property is strategically located near I-64, Norfolk International Airport, and Naval Station Norfolk

For Sale or Lease Central Business Park Drive 7.20.26

Property Facts

Price	$2,210,000	Rentable Building Area	11,704 SF
Price Per SF	$188.82	No. Stories	1
Sale Type	Investment or Owner User	Year Built	2008
Property Type	Flex	Parking Ratio	10/1,000 SF
Property Subtype	Light Distribution Flex Light Manufacturing	No. Drive In / Grade-Level Doors	4
Building Class	C	Cross Streets	Asbbury Ave
Lot Size	1.02 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	BC-O - Business & Commerce Park - Office

Price	$2,210,000
Price Per SF	$188.82
Sale Type	Investment or Owner User
Property Type	Flex
Property Subtype	Light Distribution Flex Light Manufacturing
Building Class	C
Lot Size	1.02 AC
Rentable Building Area	11,704 SF
No. Stories	1
Year Built	2008
Parking Ratio	10/1,000 SF
No. Drive In / Grade-Level Doors	4
Cross Streets	Asbbury Ave
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	BC-O - Business & Commerce Park - Office

Space Availability

Space
Size
Space Use
Build-Out
Available

1st Fl - 102
2,500 SF
Flex
-
Now

7440 Central Business Park Dr, Norfolk, VA for sale Interior Photo- Image 1 of 2 — Interior Photo

7440 Central Business Park Dr, Norfolk, VA for sale Interior Photo- Image 2 of 2 — Interior Photo

Suite 102 offers ±2,500 SF of office/warehouse space within a professionally maintained flex building. The property offers immediate access to I-64 and is conveniently positioned near Norfolk Naval Station, Norfolk International Airport, and a wide range of national retailers. The flexible floor plan can be tailored to meet specific tenant requirements, providing versatility for a variety of business operations.

Space	Size	Space Use	Build-Out	Available
1st Fl - 102	2,500 SF	Flex	-	Now

Size

2,500 SF

Space Use

Flex

Build-Out

Available

Now

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1 1

Fairly walkable

50/100

Exceptionally drivable

100/100

Limited public transit

20/100

Somewhat bikeable

30/100

Source: Local Logic^®

Property Taxes

Parcel Number	00000598	Improvements Assessment	$993,200
Land Assessment	$222,000	Total Assessment	$1,215,200

Property Taxes

Parcel Number

00000598

Land Assessment

$222,000

Improvements Assessment

$993,200

Total Assessment

$1,215,200

(757) 627-8611

Contact

Martin Murden
S.L. Nusbaum Realty Co.

Listing ID: 41376124
Date on Market: 7/21/2026
Last Updated:
Address: 7440 Central Business Park Dr, Norfolk, VA 23513

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7440 Central Business Park Dr, Norfolk, VA for sale Primary Photo- Image 1 of 7 — Primary Photo

7440 Central Business Park Dr, Norfolk, VA for sale Building Photo- Image 2 of 7 — Cover page 2

7440 Central Business Park Dr, Norfolk, VA for sale Building Photo- Image 3 of 7 — Building Photo

7440 Central Business Park Dr, Norfolk, VA for sale Building Photo- Image 4 of 7 — Building Photo

7440 Central Business Park Dr, Norfolk, VA for sale Building Photo- Image 5 of 7 — Building Photo

7440 Central Business Park Dr, Norfolk, VA for sale Building Photo- Image 6 of 7 — Building Photo

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7440 Central Business Park Dr

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