- For Sale $2,950,000
- Property Type Office - General Office
- Lot Size 1.9 SF
- Parking Spaces Avail. 92
- Year Built 1984
- Date Updated Jun 27, 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. New ownership will be
well positioned to capture this upside in the near term
with a weighted average lease term of 2.1 years.
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Contacts
Colliers
