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Leased Industrial Warehouse with Loading
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2701 Saint Julian Ave, Norfolk, VA 23504

Entire warehouse building is leased, with three grade-level and two dock-level loading doors.

Property Size39,914 SF
Price / SF$75.16
Days on Market127

Property Features for 2701 Saint Julian Ave

General Information

Standard status Active
Size 39,914 SF
Property subtype INDUSTRIAL

Warehouse & Industrial

Dock-High Doors 2
Drive-In Doors 3

Additional Details

Gross Income $326,097

Building Details

Buildings 1
Building Size 39,914 SF
Listing Agency: Cushman & Wakefield | Thalhimer - Virginia Beach
Listed By: Brett Sain
Source: Moodyscre
Added: Mar 27 Changed: Jul 29 Last Checked: Jul 30 at 1:29PM

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 Cushman & Wakefield | Thalhimer - Virginia Beach

Investment Insights

Based on property information with market context.

This leased industrial warehouse building totals 39,914 SF and is fully occupied under a lease with Top Notch Commercial Service, LLC. The lease commenced on 1/1/2024 and is scheduled to expire on 1/31/2030.

The facility includes three grade-level loading doors measuring 14x12, 16x14, and 8x8, along with two dock-level loading doors measuring 8x8. The property is located at 2701 Saint Julian Ave, Norfolk, VA 23504.

Key Highlights

  • 39,914 SF warehouse building leased to Top Notch Commercial Service, LLC.
  • Lease term runs from 1/1/2024 through 1/31/2030.
  • Current rent is $8.17 PSF, equal to $326,097.38 annually (1/1/2026 through 12/31/2026).

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Nail Salon

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

2
Dock-high doors
3
Drive-in doors

Location Intelligence

Trade Area within ½ mile

352
Businesses Nearby
Under-served
Demand for This Use

Demographics for 23504, VA

22,465
Population
9,462
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
83%
High-School Grad
4.1 sq mi
ZIP Area
5,479
Density / Sq Mi
$43,156
Median Household Income
$26,707
Median Earnings
$872
Median Rent
$259,500
Median Home Value

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
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Similar Off Market Nearby

  • Global Marine Industrial Services, LLC — 2131 Cromwell Rd, Norfolk, VA 23504
  • Norfolk Self Storage — 3203 E Princess Anne Rd, Norfolk, VA 23504
  • BRB Storage/Maltby Ave Partners — 1402 Maltby Ave, Norfolk, VA 23504

Frequently Asked Questions

What type of property is this?
Warehouse - Entire warehouse building is leased, with three grade-level and two dock-level loading doors.
Where is this warehouse located?
The property is located at 2701 Saint Julian Ave Norfolk, VA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 39,914 SF warehouse building leased to Top Notch Commercial Service, LLC.; Lease term runs from 1/1/2024 through 1/31/2030.; Current rent is $8.17 PSF, equal to $326,097.38 annually (1/1/2026 through 12/31/2026).
(757) 343-8192 Call to check price and availability
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