Flex-Office-Warehouse
369 Edwin Drive Virginia Beach, VA 23462
Details & Description
Price: $15,250,000
    S.L. Nusbaum Realty Co. is pleased to present to qualified purchasers the ESI Corporate Headquarters buildings in Virginia Beach, VA. Electronic Systems, Inc. (ESI), a Xerox Business Solutions Company, has operated in the existing office park since 1997. The asset is comprised of two separate buildings, sold together. The primary office building contains approximately 15,997 SF built out for the firm’s C-Suite level employees and support staff. The second building contains approximately 42,659 SF of office/warehouse flex space which includes five roll-up doors to accommodate both grade and dock level loading.ESI operates its main digital technology and customer support systems from its Virginia Beach location. The property is conveniently located in an office park less than one mile off of I-264 and is surrounded by hotels, restaurants and Virginia Beach’s famed Mount Trashmore Park. The location is also a five-minute drive to Virginia Beach’s Town Center, a burgeoning skyline of modern apartments, hotels, office buildings and retail shops.
    Additional Photos
    Listing Agents
    Doug Aronson

    O: 757-282-6510
    M: 757-287-1490
    daronson@slnusbaum.com
    Stephanie Sanker

    O: 757-640-2290
    M: 757-679-1065
    ssanker@slnusbaum.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    369 Edwin Drive

    Virginia Beach, VA 23462

    Electronic Systems Inc Xerox Sub

    Listing ID: 298868
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    Building Size: 58,656 SF
    Lot Size: 0.100 AC
    Land Size: 4,356 SF
    Building $/SF: $259.99
    Land $/SF: $3,500.92
    Price
    $15,250,000
    Description

    S.L. Nusbaum Realty Co. is pleased to present to qualified purchasers the ESI Corporate Headquarters buildings in Virginia Beach, VA. Electronic Systems, Inc. (ESI), a Xerox Business Solutions Company, has operated in the existing office park since 1997. The asset is comprised of two separate buildings, sold together. The primary office building contains approximately 15,997 SF built out for the firm’s C-Suite level employees and support staff. The second building contains approximately 42,659 SF of office/warehouse flex space which includes five roll-up doors to accommodate both grade and dock level loading.

    ESI operates its main digital technology and customer support systems from its Virginia Beach location. The property is conveniently located in an office park less than one mile off of I-264 and is surrounded by hotels, restaurants and Virginia Beach’s famed Mount Trashmore Park. The location is also a five-minute drive to Virginia Beach’s Town Center, a burgeoning skyline of modern apartments, hotels, office buildings and retail shops.

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    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Virginia Beach History of Flex-Office-Warehouse for Sale

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    Virginia Beach Area Market Trends

    Listing Demographics for 369 Edwin Drive Virginia Beach, VA 23462

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population15,348138,854294,698
    Population Median Age373838
    Population by Age0-9 Yrs1805 (11%)17048 (12%)37912 (12%)
    10-19 Yrs1470 (9%)15580 (11%)34743 (11%)
    20-29 Yrs3234 (21%)23241 (16%)46351 (15%)
    30-39 Yrs2486 (16%)21540 (15%)44618 (15%)
    40-49 Yrs2038 (13%)16448 (11%)35875 (12%)
    50-59 Yrs1478 (9%)16879 (12%)36650 (12%)
    60-69 Yrs1476 (9%)14929 (10%)31640 (10%)
    70+ Yrs1362 (8%)13189 (9%)26909 (9%)
    Median HH Income$62,587$70,071$73,689
    Total Household Income< 24K840 (11%)6174 (11%)12290 (11%)
    25-49K1750 (24%)11219 (20%)22049 (19%)
    50-74K1775 (25%)11775 (21%)22498 (20%)
    75-99K978 (13%)8988 (16%)17414 (15%)
    100-199K1395 (19%)13651 (25%)30430 (27%)
    200K+264 (3%)2213 (4%)6687 (6%)
    Highest Education LevelNo Diploma520653113141
    Diploma or GED21092348546024
    Some College26422502852920
    Assoc. Degree10661135622516
    Bachelors Degree28492035543532
    Higher Degree1455959323266
    Total Housing Units7,46257,108117,584
    --Owner-Occupied2,81734,39572,487
    --Renter-Occupied4,18619,62638,881
    Owner-Occupied Values< 100K17513812814
    100-199K823869316332
    200-299K10211552829123
    300-399K582619314837
    400-499K18017775147
    500K+358234235
    Total Working Age Population12,732112,511235,868
    In Work Force9,44379,501165,659
    Not In Work Force3,28933,01070,209
    Workforce Employed8,12870,381147,067
    Workforce Unemployed3233,6757,102
    Civlian Workforce8,45074,056154,169
    Military Workforce9925,44511,490
    Total Households7,00354,021111,368
    Family Households3,85635,89377,282
    Non-Family Households3,14718,12834,086
    Married Couple2,63925,02755,530
    Other Family1,21710,86621,752
    Married w/Child1,0019,81622,573
    Single Male w/Child1251,0132,255
    Single Female w/Child5764,2178,642

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Virginia7,078,515+138,001,024+88,655,021+89,331,666
    Chesapeake city199,184+12222,209+12249,244+9270,506
    Virginia Beach city425,257+3437,994+4457,699+2467,187
    Norfolk city234,403+4242,803+2246,881+1249,889

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 369 Edwin Drive in Virginia Beach?
    The asking price for 369 Edwin Drive is $15,250,000
    What is the building size of this Flex/Office Whs property in Virginia Beach, VA?
    The size of the building/unit at 369 Edwin Drive in Virginia Beach is 58,656 square feet
    How much land does the Virginia Beach, VA property at 369 Edwin Drive include?
    369 Edwin Drive in Virginia Beach includes 0.100 acres of land
    What is the population within 1 mile of 369 Edwin Drive in Virginia Beach?
    The population within 1 mile of 369 Edwin Drive Virginia Beach, VA 23462 is 15,348 people.
    Who do I contact for questions about 369 Edwin Drive?
    You should contact the listing agent, Doug Aronson, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Norfolk International Airport (ORF) 6
    Newport News Williamsburg International Airport (PHF) 29
    Richmond International Airport (RIC) 80