Norfolk, VA Commercial Inventory Breakdown
Office Spaces
Total: 7,081,939 SF
By square footage range:
- 50k to 100k SF: 2,703,625 SF / 38.18% of total office
- 100k to 500k SF: 4,378,314 SF / 61.82% of total office
By class:
- Class A: 3,784,645 SF / 53.44% of total office
- Class B: 3,297,294 SF / 46.56% of total office
Top 10 Largest Office Buildings
in Norfolk
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Dominion Tower | 999 Waterside Drive, 23510 | 403,276 | 1987 |
| World Trade Center | 101 West Main Street, 23510 | 365,488 | 1986 |
| Dominion Enterprises Building | 150 Granby Street, 23510 | 336,408 | 2006 |
| The Concourse | 5800 Northampton Blvd, 23502 | 315,000 | 1992 |
| The Arnold B. McKinnon Building | 3 Commercial Place, 23510 | 293,880 | 1989 |
| 2 Commercial Place | 2 Commercial Place, 23510 | 287,858 | 1974 |
| The Wells Fargo Center | 440 Monticello Avenue, 23510 | 276,500 | 2011 |
| The BB&T Building | 500 East Main Street, 23510 | 231,107 | 1972 |
| 150 West Main Street | 150 West Main Street, 23510 | 225,498 | 2002 |
| Fort Norfolk Plaza | 301 Riverview Avenue, 23517 | 213,000 | 2010 |
Most Recently-Built Office Buildings
in Norfolk
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Bon Secours - DePaul Medical Plaza | 155 Kingsley Lane, 23505 | 99,236 | 2015 |
| Ghent Station - Medical Office Building | 930 West 21st Street, 23517 | 27,000 | 2015 |
| The Wells Fargo Center | 440 Monticello Avenue, 23510 | 276,500 | 2011 |
| Fort Norfolk Plaza | 301 Riverview Avenue, 23517 | 213,000 | 2010 |
| 2740 Azalea Garden | 2740 Azalea Garden, 23513 | 30,040 | 2009 |
| Innovation Research Park @ODU - IRP Building 2 | 4211 Monarch Way, 23508 | 100,000 | 2008 |
| Innovation Research Park @ODU - IRP Building 1 | 4111 Monarch Way, 23508 | 100,257 | 2007 |
| 6160 Commander Pkwy | 6160 Commander Pkwy, 23502 | 65,000 | 2007 |
| 5850 Lake Herbert Drive | 5850 Lake Herbert Drive, 23502 | 53,917 | 2007 |
| 7447 Central Business Park Drive | 7447 Central Business Park Drive, 23513 | 53,338 | 2007 |
FREQUENTLY ASKED QUESTIONS
How much does office space cost in Norfolk, VA?
The average office rental rate in Norfolk, VA is $19.2 per square foot. Asking prices vary based on the property’s location, overall rating, amenities, proximity to restaurants, cafes and entertainment venues, as well as public transport, airports and highways.
What is the size of available office spaces in Norfolk, VA?
The Norfolk, VA office market can accommodate various businesses, sporting a range of office space availabilities. The average size of office space availabilities is 20,416 square feet. If you’re just starting out as a company or as an entrepreneur, the smallest available office space in Norfolk, VA is 465 square feet, while the maximum rentable space on the market now is 40,367 square feet.
How do I get office space in Norfolk, VA?
Start your search for office space in Norfolk, VA by using our filters that allow you to find the best space for your business needs. Filter listings by location, property size, available space or lease rate. Property pages will offer details about an office building’s rating, year built, availabilities, price per square foot and more. After drawing up a shortlist, make sure you contact the listed broker(s) to schedule a viewing and begin the negotiation process for your lease contract.
How many office listings are available in Norfolk, VA?
There are 98 office listings on the Norfolk, VA market.
Norfolk Demographics
Population
- Total Population245,592
- Male Population(52.2 %) 128,293
- Female Population(47.8 %) 117,299
- Median Age30.50
Income/Financial
- Average Household Income$69,410
- Median Household Income$49,146
- Median Income Under 25$34,304
- Median Income 25-44$51,310
- Median Income 45-64$57,577
- Median Income Over 65$40,885