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14140-14174 N Washington Hwy
Ashland, VA 23005

$6.50 - $7.50 USD/SF/YR

Distribution For Lease • 50,000+ SF

Property Details

Property Type Distribution
Year Built 1980
Total Building Size 252,632 SF
Tenancy Multiple
Building Class A
Zoning M2

0 Transit Score

6 Walk Score

2 Spaces Available

Name	Space Use	Size	Rent
1st Floor Ste 14140 (Building 1)	Industrial	50,000-56,500 SF	$7.50 USD/SF/YR
The 50,000-square-foot space features 10 loading dock doors, nine at truck height, and one with a concrete ramp and oversized door. Date available: Now Lease term: 1 - 10 Years Service type: Triple Net Space Type: Relet In Contiguous block: 240,200 SF
1st Floor Ste 14174 (Building 2)	Industrial	5,000-183,700 SF	$6.50 USD/SF/YR
The 117,000-square-foot space has a vast warehouse, a 2,500-square-foot mezzanine office, and a cross-dock area with about 50 loading docks. Date available: Now Lease term: 1 - 10 Years Service type: Triple Net Space Type: Relet In Contiguous block: 240,200 SF

Description

14140-14174 N Washington Highway is the premier opportunity to establish a base of operations in the Richmond metro and take advantage of its regional accessibility to the Mid-Atlantic. The property is securely fenced and gated, allowing for some outdoor storage or truck parking, and the owner can set up additional outdoor storage. Equipped with dock-high loading, a lofty warehouse clear height of 32 feet, and 480-volt, 2,500-amp, 3-phase power, 14140-14174 N Washington Highway is prepped for intensive operations. Current lessees include Orbit Logistics, RVA Warehousing, and The Supply Room, highlighting the broad potential of uses.

Approximately 177,200 square feet of space is available that was formerly occupied by Value City Furniture for 15 years. It is divided into two main sections spanning 50,000 and 127,200 square feet. They are connected via an oversized door and the layout can be demised for up to four tenants. Building 1, the 50,000-square-foot space, features a 2,500-square-foot mezzanine office and 10 loading dock doors, nine at truck height, and one with a concrete ramp and oversized door. Building 2, the 127,200-square-foot space, has a vast warehouse with about 50 loading docks. Floors are being redone, and the landlord is open to creative deals for tenant improvement allowances, free rent incentives, and full conversions of the spaces.

Situated off Interstate 95, the prolific artery connects tenants to the East Coast’s most important hubs and is a core roadway for Richmond. Distributors can reach massive population centers like the DC metro, the seventh-largest MSA in the US, and the Virginia Beach-Norfolk-Newport News metro, home to the world's largest naval base, in less than two hours. Ashland has a significant concentration of targeted labor as about 40% of employees within a 10-mile radius work in the industrial sector. Workers enjoy easy commutes as Interstate 95 spans the entire Richmond region from north to south. These advantages have led major corporations to lease large industrial footprints in Ashland, including Wegmans, SanMar, Amazon, FedEx, Anixter, and more. Utilize these factors to propel success and maximize reach from Richmond’s strategic location by leasing at 14140-14174 N Washington Highway today.

                
                    Highlights
                
                                14140-14174 N Washington Highway offers industrial space with flexible layouts from 30K to 177K SF,  negotiable rent incentives, and TI allowances.
                            
                                Features include a generous 32-foot clear height, mezzanine office space, 50+ loading docks, ramped doors, cross-dock configuration, and heavy power. 
                            
                                Formerly occupied by Value City Furniture for 15 years, ideal for a similar use, distribution / logistics, storage, light manufacturing, and more. 
                            
                                3 miles to I-95, placing transporters 30 minutes to Fredericksburg, 1.5 hours to DC and Norfolk, 2.5 hours to Raleigh, and 4 hours to Philadelphia. 
                            
                                14140 (Building 1): 50K SF, 32-foot high-bay warehouse, nine truck-height doors, and a 2,500-SF mezzanine office.
                            
                                14174 (Building 2): 30 to 117K SF, truck parking available, oversized door connected to Building 1, and 480-volt, 2,500-amp, 3-phase service.