Property profile

271 Benton Rd Suffolk, VA 23434

OFF-MARKET
Warehouses
977,000 SF Built 2024
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Property summary

AI-generated overview

This exceptional Class A industrial property, located at 271 Benton Rd, Suffolk, VA 23434, offers 64,000 square feet of immediately available space within a larger 977,000 square foot distribution center. Built in 2024, the building boasts a 36-foot clear ceiling height, ideal for high-volume storage and operations. The space includes 178 dock-high doors, three dock-level loading doors, one grade-level loading door, and ample trailer parking. The loading docks are equipped with dock seals and task lights, and some feature 40,000 lb levelers. The property also features LED lighting with auto-sensors and column spacing of 50' x 54' with 60' speed bays. Two existing single-use, unisex restrooms are included, with office space available as a build-to-suit option. Situated on a 72-acre lot, this facility is zoned M-2 (Heavy Industrial) and benefits from excellent access to arterial highways via Route 58 Bypass (1/2 mile) and is only one stoplight away from the Virginia International Gateway (VIG). Additional advantages include Foreign Trade Zone (FTZ) and ICE Coffee Futures Eligibility. This institutionally owned property presents a rare opportunity for immediate occupancy in a prime location. The minimum divisible space is 64,000 square feet, with a maximum contiguous space of 64,000 square feet. The entire facility is equipped with an ESFR sprinkler system.

Property profile

Verified
Property type Warehouses
Year built 2024
Total area 977,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Coworking & Hybrid Office
  • Logistics Company Freight Service

Location

271 Benton Rd Suffolk, VA 23434
Suffolk metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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