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Distribution Center with Drive-Through Access
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1501 West Washington Street, Petersburg, VA 23803

Industrial space includes office area, dock loading, drive-in access, and a fenced paved yard.

Space Size60,640 SF - 100,492 SF
Days on Market137

Property Features for 1501 West Washington Street

General Information

Standard status Active
Size 60,640 SF - 100,492 SF
Net Rentable 60,640 SF
Property subtype Industrial

Space & Availability

Available Space 60,640-100,492 SF
Contiguous Space 100,492 SF
Space Use Office
Available From Immediate

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 20 ft
Office Build-Out 10,000 SF
Dock-High Doors 4
Heavy Power Yes

Building Details

Building Size 100,492 SF
Listed By: Doug Tice, IV
Source: Cbre
Added: Jun 2 Changed: Oct 15 Last Checked: Oct 16 at 6:05AM

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 Doug Tice, IV

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Investment Insights

Based on property information with market context.

This distribution center offers 60,640 SF available immediately, with the full 100,492 SF building also available. Existing office space totals approximately 10,000 SF. Loading infrastructure includes four dock doors and four overhead doors, while drive-in doors measuring 15 feet wide by 14 feet high allow trucks to move through the building.

A 5,492 SF outbuilding is scheduled to become available June 2025. It includes three 15-foot-wide by 14-foot-high drive-in doors and one 15-foot-wide by 12-foot-high drive-in door. The property also provides heavy power, a small covered storage area, and fenced, paved yard space.

Key Highlights

  • 60,640 SF available immediately; full building contains 100,492 SF
  • Existing office area of approximately 10,000 SF
  • Four dock doors and four overhead doors

Property Analytics

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Current Use

Pepsi Bottling Group Industrial Manufacturer Mid-Atlantic Field Services ... Auto Repair Shop Full Metal Pivot ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Big Box & Wholesale Store Spa & Massage Center Storage Facility

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

20 ft
Clear height
4
Dock-high doors
Yes
Heavy power
Yes
Fenced yard
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Distribution center - Industrial space includes office area, dock loading, drive-in access, and a fenced paved yard.
Where is this distribution center located?
The property is located at 1501 West Washington Street Petersburg, VA.
What are key features of this property?
This property features: 60,640 SF available immediately; full building contains 100,492 SF; Existing office area of approximately 10,000 SF; Four dock doors and four overhead doors
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