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1072 Laskin Rd
Virginia Beach, VA 23451
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Prime location near Laskin Road and Birdneck Road in Virginia Beach Oceanfront submarket.
- Recent renovations include new roof, siding, and exterior upgrades completed in 2022.
- Strong surrounding demographics with high household income and growth projections.
- Fully leased office property with diversified tenant mix and staggered rent roll.
- Ample on-site parking for tenants and visitors.
EXECUTIVE SUMMARY
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.
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
8,375 SF
Building Class
B
Year Built
1982
Price
$2,515,452 CAD
Price Per SF
$300.35 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,699 SF
Slab To Slab
10’
Building FAR
0.32
Lot Size
0.60 AC
Zoning
O2 - Office Park District Zoning
Parking
31 Spaces (3.7 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
PROPERTY TAXES
| Parcel Number | 2418-50-8892 | Improvements Assessment | $630,224 CAD |
| Land Assessment | $922,631 CAD | Total Assessment | $1,552,855 CAD |
PROPERTY TAXES
Parcel Number
2418-50-8892
Land Assessment
$922,631 CAD
Improvements Assessment
$630,224 CAD
Total Assessment
$1,552,855 CAD
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