1104 Jensen Dr, Virginia Beach, VA for sale

Investment Overview

1104 Jensen Drive presents an opportunity for both investors and future owner-occupants. Located in the Owl Creek Commerce Center within Virginia Beach’s Lynnhaven Submarket, this 4,000 SF single-tenant flex building offers a blend of industrial and office space on a 0.22-acre lot. Constructed with durable masonry and 18-foot clear height, the property is currently leased to Mihaly Contracting through March 2027, providing immediate income for investors. Upon lease expiration, owner-occupants can take advantage of the versatile layout and strategic location.

Investment Highlights

• ±4,000 SF of well-balanced flex space featuring an approximate 50/50 mix of office and warehouse
• In-place tenant, Mihaly Contracting, with a lease term through March 2027, generating stable cash flow
• Easy access to major arterial roads and interstates, including I-264 and I-64
• Well-configured layout offering a reception area, five (5) private offices, kitchenette, two (2) restrooms and warehouse space
• Zoned I-1 (Light Industrial), allowing for a broad range of business and industrial uses