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Glen DeVere Building 5511 Princess Anne Rd, Virginia Beach, VA 23462
Medical Office
Special Purpose / Other
Property Description
Position your business where visibility, access, and flexibility drive results. This executive office and medical building delivers strong exposure on Princess Anne Road in the heart of Kempsville. High traffic counts, prominent signage, and dual ingress/egress from both northbound and southbound lanes put your business in front of daily demand. Spanning over 17,000 square feet, this two-story freestanding building offers scale and versatility for an owner-occupant, medical group, or investor. An elevator provides full accessibility, while 84 parking spaces support staff, patients, and clients with ease. Devised of six suites, with three current vacancies creating immediate upside: First-floor vacancy ideal for medical or high-traffic use, & Two second-floor vacancies suited for professional or administrative users
Area Description
Discover The Glen DeVere Building, an exclusive hub for Executive and Medical Offices in the sought-after Kempsville area. Just minutes away from Sentara Leigh Hospital and I-64 & 264, our establishment offers a unique design with only 7 tailored suites, catering to both the Business and Medical industries. If you're in search of a prime location that seamlessly combines convenience and professionalism, The Glen DeVere Building is the ideal choice. With great exposure on Princess Anne Rd and accessibility from either direction to or from Norfolk, the building & street Signage ensure visibility and ease of access. Curb cuts and parking on both sides of the building enhance the accessibility of the space. Whether you're a thriving business or a medical professional, The Glen DeVere Building provides the perfect setting for success. Seize this rare opportunity now! Contact us today to secure your space and elevate your business presence.
Highlights
Tenants are responsible for: Phone, (system & lines) Internet/Cable Services & Optional Security for Suite and Exterior Sign and/or Building Advertisement and HVAC service & Maintenance
Full Address: 5511 Princess Anne Rd, Virginia Beach, VA 23462
Listing Type: FOR SALE
Status: Active
Occupancy Rate: 42%
Building Class: B
Zoning: O-2
Region: E-ME
Closest Cross Streets: Hill Prince & Citation
Use Type: Medical Office
Property ID: 4112483
Heating: Yes
Cooling: Yes
Has Sprinkler: Yes
Has Water: Yes
Has Broadband: Yes
Has Gas: Yes
Has Sewer: Yes
Has Waste: Yes
Has Electric: Yes
Traffic Count: 21,920 VPD
Building Sf: 17,115
Number Units: 7
Number Buildings: 1
Year Built: 1987
Year Renovation: 2024
Free Standing: Yes
Number Parking Spaces: 84
Cap Rate: 3.22%
Tenancy Type: Multi-Tenant
Tenants are responsible for: Phone, (system & lines) Internet/Cable Services & Optional Security for Suite and Exterior Sign and/or Building Advertisement and HVAC service & Maintenance
Average Monthly Rent - Suite #100:
Average Monthly Rent - Suite #102:
Average Monthly Rent - Suite #103:
Average Monthly Rent - Suite #200 - #202:
Average Monthly Rent - Suite #201:
Average Monthly Rent - Suite # 203:
1: Suite # 201 - VA Beach Dental & Implants SP Practices Group VA Occupied: 2061 SF Lease Expiration: 4/30/2030
2: Suite # 102 - Barry Iacono Occupied: 1771 SF Lease Expiration: 9/30/2027+
3: Suite # 103 - Labs To Go Occupied: 2550 SF Lease Expiration: 7/31/2028