454 Southlake Blvd Richmond, VA 23236
Southport Business Center, located at 454 and 462 Southlake Boulevard, Richmond, VA 23236, presents a prime opportunity in the thriving Chesterfield County industrial market. This exceptional property encompasses two flex buildings totaling 57,092 square feet, situated on a generous 3.833-acre lot. Constructed in 1980, the buildings offer a blend of warehouse and flex space, perfectly suited for a variety of businesses. The property boasts 14 loading docks and 14 dock-high doors, ensuring efficient and seamless operations. The zoning is I-1, providing flexibility for various industrial uses. Security cameras enhance the safety and security of the property, which is meticulously maintained and includes a shared park area between the buildings for tenant use. The convenient location, with cross streets of Southlake Boulevard and Research Road, provides excellent access to major transportation routes. Currently, the property is fully occupied, reflecting its high demand and desirability within the Richmond market. This is a rare opportunity to acquire a well-maintained, fully-leased industrial property in a prime location. The property's features, including ample loading docks and a secure environment, make it an attractive investment for discerning buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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