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Property profile & analytics
OFF-MARKET
Industrial properties

271 Benton Rd Suffolk, VA 23434

900,000 SF
Property ID
Property summary
AI-generated overview

This exceptional new construction distribution center, totaling 900,000 square feet, offers flexible space options ranging from 350,000 to 450,000 contiguous square feet. The entire facility is currently vacant and boasts a 36-foot clear height, ESFR sprinklers, and energy-efficient LED lighting. Strategically located on a 72-acre site with M-2 (Heavy Industrial) zoning, it provides unparalleled access to major arterial highways, including convenient proximity to the Route 58 Bypass (half a mile away) and just one traffic signal from the Virginia International Gateway (VIG). The property features up to 178 dock-high doors and 6 grade-level doors, ensuring efficient loading and unloading operations. Ample parking is available with approximately 500 automobile parking spaces. This state-of-the-art facility is ideally situated to serve as a crucial distribution hub, benefiting from its proximity to the Port of Virginia, Foreign Trade Zone (FTZ) eligibility, and Ice Coffee Futures eligibility. Estimated delivery is Q3/Q4 2022.

Property profile
Verified
Property type Industrial properties
Total area 900,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cubework Coworking & Hybrid Office
  • UNIS Logistics Company Freight Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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