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Class A Distribution Facility
For Lease
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953 Airport Drive, Richmond, VA 23231

Modern distribution center with high volume logistics and supply chain.

Space SizeContact for details
Days on Market140

Property Features for 953 Airport Drive

General Information

Standard status Active
Property subtype Industrial
Listing Agency:
Listed By: Jason Hetherington, SIOR
Source: Cbre
Added: Apr 15 Changed: Jul 10 Last Checked: Sep 1 at 5:02PM

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 Jason Hetherington, SIOR

Investment Insights

Based on property information with market context.

This Class A cross-dock distribution facility, constructed in 2022, offers 446,692 square feet of space designed for high-volume logistics and modern supply chain operations. The building features a 36-foot clear height, 83 dock-high doors equipped with Rite-Hite levelers and automatic Dok-Loks, along with full seals and shelters, and two drive-in doors, enhancing loading efficiency and operational flexibility. It includes 7,500 square feet of main administrative office space, plus dedicated warehouse restrooms and driver waiting areas totaling 1,000 square feet. The facility is equipped with 4,000-amp electrical service, ESFR fire protection including a diesel fire pump and perimeter fire loop with hydrants, and LED motion-controlled lighting. Approximately 50,760 square feet of conditioned space is maintained at a controlled temperature of 68°F and 50% relative humidity. The building has a robust 8-inch unreinforced concrete slab that is hardened and sealed with polyurea-filled joints. The property includes heavy-duty truck courts and 242 trailer parking stalls. Security features include a fenced site, motorized entry arms, and integrated CCTV/access. There is also an opportunity for a 5,000 square foot battery charging area with quick charge capabilities. The property is available for sublease through November 30, 2032, with availability anticipated in Q3 2026. The building configuration is cross-dock with dimensions of 470 feet by 950 feet.

Key Highlights

  • Newly constructed (2022) Class A cross‑dock distribution facility with 446,692 SF, designed for high‑volume logistics.
  • Sublease available through November 30, 2032, with availability anticipated in Q3 2026.
  • High loading efficiency with 83 dock‑high doors, 2 drive‑in doors, and 242 trailer parking stalls.

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick HVAC Service Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Bakery Electrical Service

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

204
Businesses Nearby

Demographics for 23231, VA

37,455
Population
17,028
Households
2.2
Avg Household Size
40
Median Age
29%
College-Educated
92%
High-School Grad
88.2 sq mi
ZIP Area
425
Density / Sq Mi
$74,245
Median Household Income
$43,315
Median Earnings
$1,272
Median Rent
$270,400
Median Home Value

Market

Vacancy Rate% for Industrial in Richmond, VA

2.9% 2019
3.7% 2020
2.5% 2021
2.8% 2022
3.1% 2023
3.7% 2024
3.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - Modern distribution center with high volume logistics and supply chain.
Where is this distribution center located?
The property is located at 953 Airport Drive Richmond, VA.
What are key features of this property?
This property features: Newly constructed (2022) Class A cross‑dock distribution facility with 446,692 SF, designed for high‑volume logistics.; Sublease available through November 30, 2032, with availability anticipated in Q3 2026.; High loading efficiency with 83 dock‑high doors, 2 drive‑in doors, and 242 trailer parking stalls.
More about this property
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