Distribution/Manufacturing Facility in Franklin,
221 Progress Parkway, Franklin, VA 23851
For Lease
Contact for pricing
138,800 SF distribution/manufacturing facility on 14.64 acres for lease.
Space Size25,000 SF
Property Size138,800 SF
Lot Size14.64 Acres
Days on Market2116
Property Features for 221 Progress Parkway
General Information
Standard status
Size
Lot size
Property subtype
Lease Type
Building Details
Building Size
Year Built
Tenancy
Spaces For Lease
at 221 Progress Parkway
Suite Warehouse Space
Active
Size
25,000 SF
Type
Industrial
Lease Type
NNN
Listing Agency:
Divaris Real Estate Inc
Listed By:
David Bickford · License DC #649916
(757) 333-4351
Source:
Crexi
Added: Jan 29, 2021
Changed: Aug 8
Last Checked: Aug 8 at 4:04AM
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 Divaris Real Estate Inc
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Investment Insights
Based on property information with market context.
This distribution/manufacturing facility offers 138,800 square feet of space on a 14.64-acre lot in Franklin, Virginia. The original building, constructed in 1998, comprises 58,000 square feet, with an 80,000-square-foot addition completed in 2008. The property also includes a 3,800-square-foot, two-story office building. The property is located in Franklin, Virginia.
Key Highlights
- Large 138,800 SF distribution/manufacturing facility.
- Substantial 14.64 acre property.
- Includes a 3,800 SF two‑story office.
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.13 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
Demographics for 23851, VA
13,258
Population
6,063
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
88%
High-School Grad
108.7 sq mi
ZIP Area
122
Density / Sq Mi
$73,333
Median Household Income
$42,841
Median Earnings
$1,006
Median Rent
$222,700
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Distribution center - 138,800 SF distribution/manufacturing facility on 14.64 acres for lease.
Where is this distribution center located?
The property is located at 221 Progress Parkway Franklin, VA.
What is the lease rate?
The lease rate is $7.50 SF/Yr.
What are key features of this property?
This property features: Large 138,800 SF distribution/manufacturing facility.; Substantial 14.64 acre property.; Includes a 3,800 SF two‑story office.
