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Norfolk Commerce Center III - Availability Details
5425 Robin Hood Road, Norfolk, VA 23513
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- Property Type Office - Flex - Office
- Property Size 180,702 Sqft
- Lot Size 9.5 Acre
- Parking Spaces Avail. 252
- Parking Ratio 1.40/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1983
- City Norfolk, VA
- Neighborhood Foxhall
- Zip Code 23513
- Market Richmond Tidewater
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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Average Actual Rents in Norfolk
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Norfolk Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $21.52
- 2020 Office Vacancy Rate 9.51 %
- 2020 Office Completions (Sqft)
Norfolk Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per Sqft $107.60
- Y-o-Y Avg. PpSF Change -25.82 %
- 2020 Office Sales Volume $46.1M
- 2020 Number of Transactions 4
- Property Tax in 2020 $148,097
- Market Value $11,847,800
- Assessed Value $11,847,800
Find more tax info, including assessment history and abatements, on CommercialEdge