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    Industrial Warehouse in Greenbrier Park Title is generated by Realmo AI

    908 Executive Ct, Chesapeake, VA

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    10,000 SF industrial warehouse in Greenbrier Commerce Park.

    Type:INDUSTRIAL
    Property size:
    10,000 SF
    Lot size:
    1.03 Acres
    Price / SF:
    $155/SF
    Added:
    Nov 20, 2025
    Days on Market:
    210
    Last Refresh:
    Apr 5 at 9:16 pm

    Property Features for 908 Executive Ct

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Lot size
    1.03 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Lindsey R Elliott

    Listing agent Lindsey R Elliott

    Listing office Riddle Associates, Inc

    Listing date Nov 20, 2025

    Source Moodyscre

    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 Riddle Associates, Inc

    HighLights

    • 10,000 building sf on 1.05 acres
    • 100% leased with 5 tenants
    • Long standing tenant history with short lease terms
    • Fenced storage yard
    • Grade level loading
    • Zoned PUD (planned unit development) in greenbrier commerce park

    Overview

    This 10,000 square foot industrial warehouse is situated within the Greenbrier Commerce Park. The property is 100% leased to 5 tenants, offering a history of long-standing tenancy with short lease terms. It is located on a 1.05-acre lot and features grade-level loading and a fenced storage yard. The property is zoned PUD (Planned Unit Development).

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $97.2k $9.72
    − Vacancy −$3.6k −$0.36
    EGI $93.6k $9.36
    − OpEx −$14.0k −$1.40
    NOI $79.6k $7.96
    10,000 SF · lease $9.72/SF/yr · vacancy 3.70% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.14M
    $994.5K – $1.33M (±1% cap)
    NOI $79,563 @ 7.0% cap · market cap 5.13%
    Second Best
    Industrial
    $635.0K
    $555.7K – $740.9K (±1% cap)
    NOI $44,453 @ 7.0% cap · market cap 2.87%
    Theoretical Best
    Office A
    $2.96M
    $2.59M – $3.45M (±1% cap)
    NOI $206,880 @ 7.0% cap · market cap 13.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Leather Luster Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Public Storage — 940 Professional Pl, Chesapeake, VA 23320
    • Life Storage - Chesapeake — 517 Volvo Pkwy, Chesapeake, VA 23320
    • Norfolk VPC — 1215 Executive Blvd, Chesapeake, VA 23320
    • American Auto Recovery & Grassfield Towing — 860 Oak Grove Rd, Chesapeake, VA 23320
    • Mini Price Storage — 621 Volvo Pkwy, Chesapeake, VA 23320

    Location Insight

    • Map
    • Local Demand
    City
    Chesapeake
    County
    Chesapeake
    State
    Virginia
    Longitude
    -76.2307
    Latitude
    36.7609

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    FAQs

    What type of property is this?
    Warehouse - 10,000 SF industrial warehouse in Greenbrier Commerce Park.
    Where is this warehouse located?
    The property is located at 908 Executive Ct Chesapeake, VA.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: 10,000 building sf on 1.05 acres; 100% leased with 5 tenants; Long standing tenant history with short lease terms
    (757) 523-1900 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Lindsey R Elliott
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