1072 Laskin Rd - Office FOR SALE


Virginia Beach, VA 23451- Northeast Virginia Beach
$1,825,000 USD
757-434-0219
1072 Laskin Rd, Virginia Beach, VA for Sale
$1,825,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

1072 Laskin Rd
Virginia Beach, VA 23451
Northeast Virginia Beach


HIGHLIGHTS

  • Prime location near Laskin Road and Birdneck Road in Virginia Beach Oceanfront submarket.
  • Fully leased office property with diversified tenant mix and staggered rent roll.
  • Recent renovations include new roof, siding, and exterior upgrades completed in 2022.
  • Ample on-site parking for tenants and visitors.
  • Strong surrounding demographics with high household income and growth projections.

OVERVIEW

This fully leased office investment opportunity at 1072 Laskin Road offers a prime location in the heart of Virginia Beach’s Oceanfront submarket. The property spans 8,375 square feet on a 0.60-acre parcel and has undergone significant renovations in 2022, including a new shingle roof, updated siding, and exterior improvements. Zoned O2 for office use, the building is well-positioned near the intersection of Laskin Road and Birdneck Road, providing excellent visibility and accessibility to major thoroughfares and the vibrant resort area. The asset features a diversified tenant mix with staggered lease terms, ensuring stable cash flow and reduced rollover risk. Current tenants include established businesses such as Whitman Brands, Events Management Group, Hudgins Real Estate, Vertican Technologies, and Seaside Behavioral Health. Ample on-site parking enhances convenience for tenants and visitors alike. Located within a strong demographic area, the property benefits from a population exceeding 52,000 within a 3-mile radius, with median household incomes projected to grow from $93,259 in 2025 to over $103,000 by 2030. This combination of location strength, recent capital improvements, and full occupancy makes 1072 Laskin Road an attractive long-term investment in one of Virginia Beach’s most desirable office corridors.

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$218 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

O2

APN/PARCEL ID

2418-50-8892

ASK ABOUT THIS PROPERTY

Peter AbrahamHarvey Lindsay Commercial Real EstateMore Info
757-434-0219

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Peter AbrahamHarvey Lindsay Commercial Real EstateMore Info
757-434-0219

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.