Virginia Beach, VA Commercial Real Estate for Lease and Sale

Explore 267 listings of Virginia Beach commercial real estate to find the best space for your business.

5732 Bayside Road

5732 Bayside Road, Diamond Springs Homes, Virginia Beach, VA
Property

Industrial

71,777 SF
Availability

1 Space

71,777 SF
For Lease Contact for pricing
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Reflections II

200 Golden Oak Ct, Arbor Brook, Virginia Beach, VA
Property

Office

74,290 SF
Availability

3 Spaces

7,393 SF
Year Built

1988
For Lease

$21.25/SF/YR
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College Park Square III

6465 College Park Square, Knob Hill, Virginia Beach, VA
Property

Office
Availability

1 Space

6,818 SF
For Lease Contact for pricing
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Lynnhaven Convenience Center

2718 Virginia Beach Blvd, Chesopeian Colony, Virginia Beach, VA
Property

Retail

7,330 SF
Availability

3 Spaces

5,804 SF
For Lease

$21.00/SF/YR
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1660 Independence Boulevard - Former Rite Aid

1660 Independence Blvd, Gracetown, Virginia Beach, VA
Property

Retail
Availability

1 Space

11,178 SF
For Lease Contact for pricing
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709 Independence Blvd - Former Red Lobster

709 Independence Blvd, Bayside Villas, Virginia Beach, VA
Property

Retail
Availability

1 Space

7,881 SF
Year Built

1975
For Lease Contact for pricing
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609-619 Jack Rabbit Rd

609-619 Jack Rabbit Rd, Hilltop Manor, Virginia Beach, VA
Property

Office

10,825 SF
Availability

1 Space

4,175 SF
For Lease

$15.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.
- Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Virginia Beach commercial real estate market incorporates 3,786,992 square feet of office space across 135 buildings.
  
  Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Virginia Beach, the coworking segment of the commercial real estate market incorporates about 1,618 square feet.
- Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Virginia Beach commercial real estate market includes 3,222,550 square feet of retail space in a variety of settings.
- Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Virginia Beach market, there is a total of 542,313 square feet of industrial property.
The listing inventory in Virginia Beach incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Virginia Beach is represented by Office space, which accounts for 1,336,709 square feet of available listings. Retail space available in Virginia Beach adds up to 1,120,061 square feet.

Meanwhile, most of the listings of commercial property for sale in Virginia Beach are in the Office category.
The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.
The average rent for commercial real estate space listed for lease in Virginia Beach is $19.24 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Virginia Beach can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $23.17 per square foot, industrial space in Virginia Beach saw average rents of $13.4 per square foot.
Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Virginia Beach, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Virginia Beach is in the Princess Anne Plaza neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Princess Anne Plaza area.

Meanwhile, retail space opportunities are most abundant in the Birdneck Acres submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Fair Meadows - Boulevard Manor.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.
Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $27.5 per square foot. In particular, the property type commanding the highest lease rates in Virginia Beach was Retail space.

Conversely, the highest sale price last year was $4,350,000 that is located at 1206 Laskin Road.
The average size of a commercial property in Virginia Beach depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:
- In Virginia Beach, the average size of an office property is 44,553 square feet.
- Retail properties here incorporate an average of 56,536 square feet.
- Industrial space in Virginia Beach is in buildings that are, on average 41,717 square feet in size.

Virginia Beach, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Virginia Beach currently add up to 3,345,976 square feet. The market offers 115 active office listing(s), which amount to 1,253,575 square feet and account for 51% of commercial spaces on the market. Local retail availability includes 960,655 square feet across 78 retail space(s). Industrial space for rent opportunities in Virginia Beach amount to 317,225 square feet across a total of 21 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	115	1,253,575
Retail	78	960,655
Industrial	21	317,225
Other	8	814,521

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Virginia Beach, VA. Currently, there is 290,536 square feet of commercial property for sale here , which includes 17 office building(s) for sale , 5 retail investment opportunity listing(s) , and 2 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	17	211,331
Retail	5	32,320
Industrial	2	22,599
Other	18	24,286

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Virginia Beach, VA Commercial Real Estate for Lease and Sale

5732 Bayside Road

Reflections II

College Park Square III

Lynnhaven Convenience Center

1660 Independence Boulevard - Former Rite Aid

709 Independence Blvd - Former Red Lobster

609-619 Jack Rabbit Rd

Frequently Asked Questions

Virginia Beach, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Virginia Beach, VA Commercial Real Estate for Lease and Sale

5732 Bayside Road

Reflections II

College Park Square III

Lynnhaven Convenience Center

1660 Independence Boulevard - Former Rite Aid

709 Independence Blvd - Former Red Lobster

609-619 Jack Rabbit Rd

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Virginia Beach, VA?

What factors affect the price of commercial real estate in Virginia Beach, VA?

What is the average rent for commercial space in Virginia Beach, VA?

What are the best areas for commercial real estate in Virginia Beach, VA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Virginia Beach, VA?

Virginia Beach, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us