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Class A Logistics Warehouse
For Lease
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1010 Centerpoint Dr, Suffolk, VA 23434

Class A warehouse available within Virginia Port Logistics Park, supported by planned roadway and signalized park entrances.

Space Size245,712 SF
Days on Market205

Property Features for 1010 Centerpoint Dr

General Information

Standard status Active
Size 245,712 SF
Class A
Property subtype INDUSTRIAL

Spaces For Lease

at 1010 Centerpoint Dr
1010 Centerpoint Dr AVAILABLE, Now
Floor 1
Size 245,712 SF
Type INDUSTRIAL
Rate Contact for pricing
Sublease No
- The Virginia Port Logistics 1010 Building is a class A Warehouse located in the 932-Acre Virginia Port Logistics Park (“VPLP”), a premier master-planned logistics development near the Port of Virginia. Equus Capital Partners has completed 3 million square feet of speculative and build-to-suit Class A development in VPLP since 2020 for Amazon, Lowe’s, NFI, Dart Warehousing, GXO, and Massimo-Zanetti Beverage USA. - The City of Suffolk is on schedule for Summer 2025 completion of a major improvement to the Route 58 / Holland Road corridor to a six-lane divided roadway and new intersections at the Centerpoint Drive and Enterprise Drive signalized entrances to the park. The burgeoning Route 58 Corridor is a proven logistics destination with 15 buildings totaling 7.7 million square feet, nearly 9% of the entire Norfolk/ Port of Virginia industrial market.
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Listing Agency: Colliers | Norfolk
Listed By: Lang Williams
Source: Moodyscre
Added: Apr 7 Changed: Oct 25 Last Checked: Oct 26 at 4:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Norfolk

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Investment Insights

Based on property information with market context.

The Virginia Port Logistics 1010 Building is a Class A warehouse located within the Virginia Port Logistics Park (VPLP). The property is part of a master-planned logistics development near the Port of Virginia, where Equus Capital Partners has completed 3 million square feet of speculative and build-to-suit Class A development since 2020 for multiple major operators.

Planned improvements to the Route 58 / Holland Road corridor include a six-lane divided roadway and new intersections at Centerpoint Drive and Enterprise Drive signalized entrances to the park, targeted for completion in Summer 2025. VPLP is positioned as a logistics destination along the Route 58 corridor, which is described as home to 15 industrial buildings totaling 7.7 million square feet.

This offering is for lease and is identified as the 1010 building at 1010 Centerpoint Dr in Suffolk, Virginia.

Key Highlights

  • Class A warehouse in the 932‑acre Virginia Port Logistics Park (VPLP) near the Port of Virginia.
  • VPLP improvement planned: Route 58/Holland Road corridor upgraded to a six‑lane divided roadway (Summer 2025).
  • Planned signalized park entrances at Centerpoint Drive and Enterprise Drive (Summer 2025).

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Friant & Associates Production Facility Pacific Best Inc Auto Parts Store

Suggested Use

Top Pick Auto Repair Shop Building Supply Auto Parts Store Electrical Service Plumbing Service Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby
Well-served
Demand for This Use

Demographics for 23434, VA

51,430
Population
21,764
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
90%
High-School Grad
206.8 sq mi
ZIP Area
249
Density / Sq Mi
$75,798
Median Household Income
$47,291
Median Earnings
$1,242
Median Rent
$293,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Route 58 Self Storage — 2108 Holland Rd, Suffolk, VA 23434
  • Enterprise Self Storage Facility — 2150 Enterprise Dr, Suffolk, VA 23434

Frequently Asked Questions

What type of property is this?
Warehouse - Class A warehouse available within Virginia Port Logistics Park, supported by planned roadway and signalized park entrances.
Where is this warehouse located?
The property is located at 1010 Centerpoint Dr Suffolk, VA.
What are key features of this property?
This property features: Class A warehouse in the 932‑acre Virginia Port Logistics Park (VPLP) near the Port of Virginia.; VPLP improvement planned: Route 58/Holland Road corridor upgraded to a six‑lane divided roadway (Summer 2025).; Planned signalized park entrances at Centerpoint Drive and Enterprise Drive (Summer 2025).
(757) 679-9106 Call to check price and availability
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