Spaces For Lease

at 1129 Production Rd

Bldg 4 $12.95/SF/Yr

Floor 1

Size 36,000 SF

Type INDUSTRIAL

Lease Type NNN

Availability AVAILABLE, Now

Sublease No

Contact us

Listing Agency: Cushman & Wakefield | Thalhimer - Virginia Beach Show Phone

Listed By: Geoff Poston Show Phone

Source: Moodyscre

Added: Dec 20, 2024 Changed: Oct 5 Last Checked: Oct 16 at 9:51AM

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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 Cushman & Wakefield | Thalhimer - Virginia Beach

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Investment Insights

Based on property information with market context.

This industrial property offers 36,000 square feet of warehouse space for rent. Located on Production Road in Norfolk, Virginia, this property is suitable for warehouse use.

Key Highlights

• 36,000 SF warehouse space available
• Location in Norfolk

Property Analytics

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Open Analytics

Current Use

Reddy Ice Big Box & Wholesale Store Mid-Atlantic Roofing Supply ... Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Gym & Fitness Center

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

$1.94 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

493

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Norfolk, VA

$10.91 /SF/Yr

Avg Asking Price

$9.75–$12 /SF/Yr

Price Range

16,127 SF

Avg Space Size

This space is priced 19% above the average of $10.91 /SF/Yr.

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

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Frequently Asked Questions

What type of property is this?

Industrial property - 36,000 SF warehouse space for lease in Norfolk.

Where is this industrial property located?

The property is located at 1129 Production Rd Norfolk, VA.

What is the lease rate?

The lease rate is $12.95 SF/Yr.

What are key features of this property?

This property features: 36,000 SF warehouse space available; Location in Norfolk