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Class A Distribution Facility
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953 Airport Drive, Richmond, VA 23150

Modern distribution center with high-volume logistics support, available Q3 2026.

Space SizeContact for details
Days on Market130

Property Features for 953 Airport Drive

General Information

Standard status Active
Property subtype Industrial
Listing Agency:
Listed By: Jason Hetherington, SIOR
Source: Cbre
Added: Apr 15 Changed: Aug 21 Last Checked: Aug 21 at 12:29PM

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 Jason Hetherington, SIOR

Investment Insights

Based on property information with market context.

The Sauer Industrial Center is a Class A cross-dock distribution facility constructed in 2022, designed to support high-volume logistics and modern supply chain operations. The building has a total area of 446,692 square feet and features a 36-foot clear height, 83 dock-high doors, and two drive-in doors. The warehouse is equipped with 4,000-amp electrical service, ESFR fire protection, and LED motion-controlled lighting. It includes 7,500 square feet of main administrative office space, along with warehouse restrooms and driver waiting areas. Approximately 50,760 square feet of conditioned space is maintained at a controlled temperature of 68°F and 50% relative humidity. The facility has an 8-inch unreinforced concrete slab, heavy-duty truck courts, and 242 trailer parking stalls. The site is fenced and features motorized entry arms, integrated CCTV, and access control. The property is available for sublease through November 30, 2032, with availability anticipated in Q3 2026. The configuration is cross-dock with dimensions of 470 feet by 950 feet. There is also a 5,000 square feet battery charging area. Separate restroom and driver waiting areas are available. The dock-high doors are equipped with Rite-Hite levelers and automatic Dok-Loks, along with full seals and shelters. There are also two compactor doors, a diesel fire pump, and a perimeter fire loop and hydrants.

Key Highlights

  • Newly constructed (2022) Class A cross‑dock distribution facility with 446,692 SF, designed for high‑volume logistics.
  • Sublease available through November 30, 2032, with anticipated availability in Q3 2026.
  • Benefit from 36‑foot clear height and 83 dock‑high doors for exceptional loading efficiency.

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick HVAC Service Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Bakery Electrical Service

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

204
Businesses Nearby

Demographics for 23150, VA

12,556
Population
5,446
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
29.5 sq mi
ZIP Area
426
Density / Sq Mi
$76,184
Median Household Income
$45,540
Median Earnings
$1,185
Median Rent
$264,600
Median Home Value

Market

Vacancy Rate% for Industrial in Richmond, VA

2.9% 2019
3.7% 2020
2.5% 2021
2.8% 2022
3.1% 2023
3.7% 2024
3.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - Modern distribution center with high-volume logistics support, available Q3 2026.
Where is this distribution center located?
The property is located at 953 Airport Drive Richmond, VA.
What are key features of this property?
This property features: Newly constructed (2022) Class A cross‑dock distribution facility with 446,692 SF, designed for high‑volume logistics.; Sublease available through November 30, 2032, with anticipated availability in Q3 2026.; Benefit from **36‑foot clear height and 83 dock‑high doors** for exceptional loading efficiency.
More about this property
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