Old Donation Executive Park offers investors a fully occupied, income-producing asset positioned just minutes from Virginia Beach Town Center. This three-building office complex spans 20,372 square feet across a 1.9-acre site, delivering immediate in-place cash flow combined with value-add upside. Current rents are approximately 16 percent below market, creating an opportunity for mark-to-market adjustments and enhanced returns.
The property features direct-access, single-story layouts in a wood-frame construction, with convenient surface parking across 92 spaces. Its strategic location near the Hampton Roads commercial corridor and Independence Boulevard ensures exceptional connectivity, while proximity to prominent employers, retail destinations, and residential communities enhances long-term demand. New ownership can capitalize on the property’s stable occupancy and near-term lease rollover for future income growth. Offered at a price well below replacement cost, this asset supports strong investment fundamentals within a growing coastal market.