For SALE or LEASE | 600 Independence Parkway

OFFERING SUMMARY
Colliers Virginia is pleased to announce its exclusive sale representation of 600 Independence Parkway, located in Chesapeake, Virginia. The 96,615-square-foot Class A office building is currently 100% leased to a diverse tenant roster, including professional services, defense, government, medical, and construction.

Chubb Insurance, currently occupies 55,161 square feet, or 57% of the building. Chubb’s current term ends on July 31, 2026. They are expected to vacate the building at the end of their term. This creates a unique opportunity for an owner-user to purchase the property at a significant discount to replacement cost. With no new speculative office buildings under construction in the market, 600 Independence Parkway is able to accommodate a 50,000-square-foot user or tenant. Other tenants in the building include Chesapeake Regional Medical Center, the Commonwealth of Virginia, and McHenry Management Group.

Located in Battlefield Corporate Park, the property overlooks a lake, has high visibility from the outer connector between Interstates 64 and 464, and has a spacious attractive lobby and large, efficient floor plates. The 200-acre park has over 1.1 million square feet of Class A office product with major tenants including General Dynamics, Fulton Financial Corporation, Sentara Healthcare, Strayer University, and the U.S. Government. The park is also arguably the premier business location within the overall Greenbrier submarket which is the region’s largest office submarket with over 50,000 workers. Greenbrier boasts a deep amenity base including extensive restaurant, entertainment, and retail options including the Greenbrier Mall, Town Center, and Market Center.