Value-Add Opportunity | 100% Leased Class B Office Park | Below Market Rents

4521 E Honeygrove Rd, Virginia Beach, VA 23455

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Property Information

  • For Sale $2,950,000
  • Property Type Office - General Office
  • Property Size 4,966 SF
  • Lot Size 1.92 SF
  • Year Built 1984
  • Date Updated Nov 3, 2026

Description

Colliers is pleased to exclusively present the opportunity
to purchase Old Donation Executive Park. The property
consists of three (3) single-story, direct-access buildings
totaling 20,372 square feet. Positioned just minutes
from the Virginia Beach Town Center, the asset benefits
from strong surrounding amenities, convenient regional
access, and proximity to one of the Hampton Road’s
most active commercial corridors.


The property presents a compelling value-add
opportunity driven by below market in-place rents
and near-term lease rollover. Current rents average
nearly 16% below market rates, offering investors
meaningful upside potential for lease renewals and
mark-to-market opportunities. 

Available

Contacts

Location

Located at 4521 E Honeygrove Rd, Virginia Beach, VA 23455, this property is part of the Old Donation Manor neighborhood and Richmond Tidewater market.

  • 65/100 Somewhat Walkable
  • 38/100 Some Transit
  • 43/100 Somewhat Bikeable
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Contact Value-Add Opportunity | 100% Leased Class B Office Park | Below Market Rents
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