For Sale
$38,750,000

230 Industrial DrFredericksburg, VA 22408

Prime Industrial Portfolio: 221,000 SF, Multi-Tenant

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a portfolio of four industrial buildings totaling 221,000 square feet, situated on a substantial 35.67-acre lot in Spotsylvania County, Virginia. The portfolio comprises three large multi-tenant warehouses, ideal for various storage and distribution needs, along with a separate 5,000-square-foot free-standing office warehouse. Strategically located in the Four Mile Fork Industrial Park, this property enjoys unparalleled access to major transportation arteries. Its proximity to US Route 1, Route 208/Courthouse Road, and Interstate 95 (exit 126 Massaponax, just one mile north) ensures seamless logistics and efficient distribution. The buildings were constructed in phases, with completion dates ranging from 1990 to 2022, reflecting a blend of established infrastructure and modern additions. The property is zoned I1 - Light Industrial, offering flexibility for a range of uses. With a total asking price of $38,750,000, and a price per square foot of $175.34, this portfolio represents a compelling investment in a thriving industrial market. The lease type is NNN, and the property features ceiling heights exceeding 26 feet. This is a multi-tenant property offering significant potential for long-term growth and income generation.

Highlights

  • Four-building industrial portfolio in Spotsylvania County.
  • Three multi-tenant warehouses, two land parcels, and one freestanding office warehouse.
  • Prime location in Four Mile Fork Industrial Park, near US Route 1 and Route 208.
  • Suitable for storage, distribution, and office uses.
  • Excellent highway access: Interstate 95 (Exit 126) and major state routes.
  • Construction dates range from the early 1990s to mid-2022.

Property Details for 230 Industrial Dr

Property type
Warehouses, Industrial properties
Square Feet
221,000 SF
Lot Size (sq. ft)
1,553,785 SF

Location Insight

City
Fredericksburg
County
Spotsylvania
State
Virginia
Latitude
38.2597939
Longitude
-77.506895
230 Industrial Dr, Fredericksburg, Virginia

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230 Industrial Dr
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