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Leased Industrial Facility with Multiple Parcels
For Sale
Contact for pricing
Pending

2901-3101 Cofer Road, Richmond, VA 23224

Industrial facility on four parcels totaling 15.86 acres, currently leased to LBP Manufacturing with a term commencing Dec. 1, 2018.

Property Size246,615 SF
Lot Size15.86 Acres
Days on Market111

Property Features for 2901-3101 Cofer Road

General Information

Standard status Pending
Size 246,615 SF
Lot size 15.86 Acres
Property subtype Industrial
Listing Agency: Commonwealth Commercial Partners
Listed By: Ben Bruni · License #VA 0225215363
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 29 at 11:08AM

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 Commonwealth Commercial Partners

Investment Insights

Based on property information with market context.

This offering presents a 246,615 square foot industrial facility on four separate parcels totaling 15.86 acres. The property is located within the Broad Rock Industrial Complex in the Jefferson Davis Corridor Industrial Submarket of the Richmond MSA.

The building is occupied by LBP Manufacturing, an international foodservice packaging innovator based in Chicago, IL. LBP Manufacturing recently executed a ten-year lease commencing December 1, 2018. The offering includes the multi-parcel configuration supporting an industrial layout within the complex.

Key Highlights

  • 246,615 SF industrial facility in the Broad Rock Industrial Complex in the Jefferson Davis Corridor Industrial Submarket
  • Offered as four separate parcels totaling 15.86 acres
  • Currently occupied by LBP Manufacturing, an international foodservice packaging innovator based in Chicago, IL

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Law Firm Hair Salon Spa & Massage 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.

Location Intelligence

Trade Area within ½ mile

229
Businesses Nearby

Demographics for 23224, VA

39,468
Population
18,201
Households
2.2
Avg Household Size
33
Median Age
19%
College-Educated
80%
High-School Grad
11.6 sq mi
ZIP Area
3,402
Density / Sq Mi
$49,263
Median Household Income
$36,275
Median Earnings
$1,268
Median Rent
$189,200
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?
Manufacturing property - Industrial facility on four parcels totaling 15.86 acres, currently leased to LBP Manufacturing with a term commencing Dec. 1, 2018.
Where is this manufacturing property located?
The property is located at 2901-3101 Cofer Road Richmond, VA.
What are key features of this property?
This property features: 246,615 SF industrial facility in the Broad Rock Industrial Complex in the Jefferson Davis Corridor Industrial Submarket; Offered as four separate parcels totaling 15.86 acres; Currently occupied by LBP Manufacturing, an international foodservice packaging innovator based in Chicago, IL
(804) 346-4966 Call to check price and availability
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