Warehouse Space With Loading
For Lease
$5,000,000
1201 Commerce St, Petersburg, VA 23803
Raw warehouse space with a planned sprinkler system and direct loading dock access is available for lease.
Space Size8,840 SF
Property Size69,000 SF
Days on Market61
Property Features for 1201 Commerce St
General Information
Standard status
Active
Size
8,840 SF
Net Rentable
8,840 SF
Property subtype
Commercial
Space & Availability
Available Space
8,840 SF
Contiguous Space
8,840 SF
Space Use
Warehouse
Warehouse & Industrial
Warehouse Space
8,840 SF
Dock-High Doors
2
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Building Details
Building Size
69,000 SF
Year Built
1987
Stories
2
Listing Agency:
Deborah Welch, Inc.
(804) 399-5871
Listed By:
Debbie Welch · License #0225043251
(804) 399-5871
Source:
Elliman
Added: Jul 1
Changed: Aug 29
Last Checked: Aug 29 at 4:18PM
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 Deborah Welch, Inc.
Investment Insights
Based on property information with market context.
This industrial property includes multiple connected warehouse buildings linked to an office building. An 8,840-square-foot portion is available as raw warehouse space and includes 2 loading docks. The space is intended for inventory or storage use, with other uses subject to evaluation, and will become available after installation of a new sprinkler system.
The property is 92+% leased, and existing tenant rights apply to occupied areas. Portions of the property operate 7 days a week with extended evening hours. The site is near a historical area and offers access to I-95 and I-85. Built in 1987, the connected warehouse and office configuration provides a range of industrial and support spaces within one property.
The property is 92+% leased, and existing tenant rights apply to occupied areas. Portions of the property operate 7 days a week with extended evening hours. The site is near a historical area and offers access to I-95 and I-85. Built in 1987, the connected warehouse and office configuration provides a range of industrial and support spaces within one property.
Key Highlights
- 8,840 sq ft of warehouse space available
- 2 loading docks serve the available area
- New sprinkler system to be installed before availability
Property Analytics
Property Profile
Current Use
Lease Details
2
Dock-high doors
Yes
Sprinkler system
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
267
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 23803, VA
44,377
Population
19,826
Households
2.2
Avg Household Size
36
Median Age
24%
College-Educated
88%
High-School Grad
72.2 sq mi
ZIP Area
615
Density / Sq Mi
$55,820
Median Household Income
$35,122
Median Earnings
$1,132
Median Rent
$208,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Raw warehouse space with a planned sprinkler system and direct loading dock access is available for lease.
Where is this warehouse located?
The property is located at 1201 Commerce St Petersburg, VA.
What is the lease rate?
The lease rate is $5,000,000.
What are key features of this property?
This property features: 8,840 sq ft of warehouse space available; 2 loading docks serve the available area; New sprinkler system to be installed before availability
