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Lynnhaven Corporate Center I 770 Lynnhaven Pky 35,421 SF 100% Leased Office Building Virginia Beach, VA 23452 $5,300,000 ($149.63/SF) 7.33% Cap Rate



Executive Summary
Attractive Weighted Average Lease Term (WALT): 4.95 Years - Well-distributed lease expirations provide near-term income visibility while preserving future rollover optionality.
Core Lynnhaven Corridor Location: Positioned along Lynnhaven Parkway with direct connectivity to I-264, Hilltop, and surrounding residential neighborhoods, benefiting from
strong population density and sustained demand for office and service-oriented tenancy.
Property Facts
Amenities
- Banking
- Bus Line
- Signage
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
Century Concrete is a privately held concrete contracting company headquartered in Virginia Beach, Virginia. Founded in 1966, the firm provides concrete construction services for commercial, industrial, and public sector projects across the region. Its areas of work include structural concrete, paving, tilt-up construction, and various specialty concrete services. The organization operates from a central corporate office in Virginia Beach and maintains additional offices in Ashland and Springfield, supporting projects throughout the state. Century Concrete manages field operations, project coordination, and administrative functions from its headquarters. As an established contractor, the firm has built a long operating history within the construction sector and continues to deliver services through its workforce of skilled trades and project personnel.
At Kinum, Inc., the commitment is to building relationships grounded in trust and competence, always prioritizing doing the right thing for clients above all else. Unlike the average debt collection agency, Kinum’s comprehensive approach alleviates the burden of accounts receivable collection from office staff, offering a more efficient solution through gentle but effective reminders.
Title company in Virginia Beach, Virginia founded in 2006.
Lonnie Bush Real Estate is a residential real estate brokerage based in Virginia Beach, Virginia, serving clients across the Hampton Roads region. The firm was founded in 2012 and provides services related to residential home sales, buyer representation, seller representation, relocation, investment properties, and property management. Its operations focus primarily on single-family homes, townhomes, condominiums, and small multifamily properties. The brokerage is led by founder and broker Lonnie Bush, a U.S. Navy veteran with experience in residential real estate transactions throughout Coastal Virginia. Over time, the firm has developed a team-based operating structure that supports transaction management, marketing, and client services across multiple market segments. In addition to brokerage services, the company maintains a property management division that handles leasing and ongoing management of residential rental properties on behalf of owners.
Osprey Property Management is a residential property management company based in Virginia Beach, Virginia. The firm provides leasing, rent collection, maintenance coordination, and tenant management services for single-family and small multifamily rental properties throughout the Hampton Roads region. Osprey Property Management has operated in the local market since 1999 and focuses on serving individual property owners and real estate investors. The company offers full-service management solutions covering the entire rental lifecycle, including market analysis, property marketing, tenant screening, lease administration, inspections, and ongoing maintenance oversight. Osprey Property Management also administers financial reporting and owner communications through online systems. In addition to traditional management services, the firm markets a guaranteed rent program designed to provide consistent monthly rental income to property owners regardless of occupancy or tenant payment status.
Rez Home Services began serving Virginia homeowners in 2018 and has since expanded its property maintenance offerings. The company provides residential and commercial cleaning, landscaping, painting, and maintenance solutions across multiple Virginia cities. Rez Home Services tailors packages to individual client needs and emphasizes quality workmanship. Their service portfolio includes carpet cleaning, pressure washing, and property management support. The company has built a reputation for reliability in the Hampton Roads region through years of experience.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Construction | - | - | - | ||
|
Administrative and Support Services | - | - | - | ||
|
Professional, Scientific, and Technical Services | - | - | - | ||
|
Real Estate | - | - | - | ||
|
Real Estate | - | - | - | ||
|
Services | - | - | - |
Property Taxes
| Parcel Number | 1496-56-3182 | Improvements Assessment | $2,174,800 |
| Land Assessment | $1,584,000 | Total Assessment | $3,758,800 |
Property Taxes
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Lynnhaven Corporate Center I | 770 Lynnhaven Pky
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