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Class A Warehouse with Office
For Lease
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700 Carolina Road, Suffolk, VA 23434

Large distribution facility offering immediate occupancy, flexible subdivision, and access to major regional transportation routes.

Space Size357,789 SF
Property Size716,527 SF
Days on Market46

Property Features for 700 Carolina Road

General Information

Standard status Active
Size 357,789 SF
Class Class A
Property subtype Industrial

Space & Availability

Contiguous Space 357,789 SF
Divisible Yes
Space Use Warehouse
Available From Immediate

Warehouse & Industrial

Office Build-Out 2,850 SF
Loading Front Load

Additional Details

Highway Access Yes

Building Details

Building Size 716,527 SF
Listing Agency: CBRE | Norfolk
Listed By: Christopher E Todd
Source: Cbre
Added: Jul 17 Changed: Aug 30 Last Checked: Aug 31 at 1:24PM

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 CBRE | Norfolk

Investment Insights

Based on property information with market context.

This Class A warehouse facility contains 716,527 SF, with 357,789 SF available for immediate occupancy. The available area includes 2,850 SF of speculative office space and may be divided into spaces as small as the full 357,789 SF, supporting the creation of two front-load configurations. The property is suited to large-scale warehousing and distribution operations.

The facility is located near the Port of Virginia and provides access to Route 58, Route 460, and the region’s interstate network. An additional 433 trailer positions may be developed adjacent to the building, offering a potential expansion of yard capacity.

Key Highlights

  • 357,789 SF available for immediate occupancy within a 716,527 SF Class A warehouse
  • 2,850 SF of speculative office space included in the available area
  • Available space can be subdivided up to 357,789 SF for two front‑load opportunities

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Spa & Massage Center Hair Salon Auto Repair Shop

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby
Well-served
Demand for This Use

Demographics for 23434, VA

51,430
Population
21,764
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
90%
High-School Grad
206.8 sq mi
ZIP Area
249
Density / Sq Mi
$75,798
Median Household Income
$47,291
Median Earnings
$1,242
Median Rent
$293,600
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

  • Nansemond Cold Storage Co Inc 115 Dill Rd, Suffolk, VA 23434
  • Virginia Cold Storage- South 260 Benton Rd, Suffolk, VA 23434

Frequently Asked Questions

What type of property is this?
Warehouse - Large distribution facility offering immediate occupancy, flexible subdivision, and access to major regional transportation routes.
Where is this warehouse located?
The property is located at 700 Carolina Road Suffolk, VA.
What are key features of this property?
This property features: 357,789 SF available for immediate occupancy within a 716,527 SF Class A warehouse; 2,850 SF of speculative office space included in the available area; Available space can be subdivided up to 357,789 SF for two front‑load opportunities
More about this property
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