Light Industrial Flex
For Lease
Contact for pricing
500 Confederate Ave, Portsmouth, VA 23704
Industrial facility with 16 docks, four grade-level doors, and 1,500 RSF of office space on a light-industrial site.
Space Size69,000 SF
Lot Size2.75 Acres
Days on Market1071
Property Features for 500 Confederate Ave
General Information
Standard status
Active
Size
69,000 SF
Lot size
2.75 Acres
Property subtype
INDUSTRIAL
Zoning
IL
Warehouse & Industrial
Dock-High Doors
16
Drive-In Doors
4
Heavy Power
Yes
Spaces For Lease
at 500 Confederate Ave
500 Confederate Ave
AVAILABLE, Now
Floor
Bldg
Size
69,000 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Sublease
No
- ±69,000 RSF industrial facility for sale or lease
- Majority warehouse with ±1,500 RSF office space
- Located on 2.75 AC site
- Zoned IL (Light Industrial)
- Easily subdividable for multi-tenant use
- Loading: 16 docks and 4 grade level doors
- 3-phase, 480V power
- Close proximity to Port of Virginia facilities (NNMT, NIT, VIG, PMT)
- Sale Price: $3,060,000
- Lease Rate: Negotiable
- Strong Tenant Improvement package available for creditworthy tenant
Contact us
Listing Agency:
Colliers | Norfolk
(757) 490-3300
Listed By:
Ricky Anderson · License #0225181900
(757) 217-1892
Source:
Moodyscre
Added: Nov 22, 2023
Changed: Oct 25
Last Checked: Oct 26 at 8:04PM
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 Colliers | Norfolk
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial facility includes a large warehouse area with approximately 1,500 RSF of office space, offering a flexible setup for storage and administrative functions. The site is planned on a 2.75-acre parcel and is zoned IL (Light Industrial), with the property described as easily subdividable for multi-tenant use.
Loading is supported by 16 docks and four grade-level doors, along with 3-phase, 480V power. The property is also noted as being in close proximity to Port of Virginia facilities (NNMT, NIT, VIG, PMT).
The listing also states that a strong tenant improvement package is available for creditworthy tenants, which may help accommodate a tenant’s operating needs.
Loading is supported by 16 docks and four grade-level doors, along with 3-phase, 480V power. The property is also noted as being in close proximity to Port of Virginia facilities (NNMT, NIT, VIG, PMT).
The listing also states that a strong tenant improvement package is available for creditworthy tenants, which may help accommodate a tenant’s operating needs.
Key Highlights
- ±169,000 RSF industrial facility for sale or lease
- Majority warehouse plus ±1,500 RSF office space
- On a 2.75 AC site zoned IL (Light Industrial)
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
16
Dock-high doors
4
Drive-in doors
Yes
Heavy power
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
427
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 23704, VA
19,505
Population
9,538
Households
2
Avg Household Size
36
Median Age
22%
College-Educated
86%
High-School Grad
4.5 sq mi
ZIP Area
4,334
Density / Sq Mi
$44,739
Median Household Income
$34,488
Median Earnings
$1,279
Median Rent
$197,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- EZ Move of VA — 2227 Pulaski St, Portsmouth, VA 23704
- Ison Distribution Services LLC — 500 CONFEDERATE AVE, 2401 High St, Portsmouth, VA 23704
- Stewart Moving & Storage — 830 Douglas Ave, Portsmouth, VA 23707
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial facility with 16 docks, four grade-level doors, and 1,500 RSF of office space on a light-industrial site.
Where is this warehouse located?
The property is located at 500 Confederate Ave Portsmouth, VA.
What are key features of this property?
This property features: ±169,000 RSF industrial facility for sale or lease; Majority warehouse plus ±1,500 RSF office space; On a 2.75 AC site zoned IL (Light Industrial)
