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1606 Magnolia St
Richmond, VA 23222 Highland Park Southern Tip

$13,333 USD/MO

Manufacturing For Lease  •  16,000 SF

Property Details

  • Property Type Manufacturing
  • Year Built 1953
  • Total Building Size 16,323 SF
  • Tenancy Single
  • Building Class C
  • Zoning M-1
40 Transit Score
33 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Industrial 16,000 SF $10.00 USD/SF/YR
NAI Dominion is pleased to offer this Industrial/Flex or Light Manufacturing opportunity! We are marketing 16,000 SF of  industrial space,  zoned M1, on 1.4 acres. The subject site is located about 3 miles from Downtown Richmond, on the fringe of the Magnolia Industrial Park. FOR SALE OR LEASE _ ASKING $2,125,000 or $10/SF NNN.
 
Ownership, a multi-state regional roofing supply group, purchased and improved the site about 3 years ago and has had great success in this location. So much so they need to expand and need a larger facility. The building is cinder-block and brick construction, originally constructed in 1953, at 10,000. The site was later expanded in the 1990's to incorporate another 10,000 SF. The site features approx. 1,500 SF of office space and 18,500 SF of sectioned warehouse/manufacturing and distribution space, 2 loading docks, and a drive-in grade level door. The site has a large, flat and fenced yard, with ample parking for trucks, trailers or possible expansion of the site, offers quick and easy highway access, and appealing M1 zoning. The Metal roof is about 35 years into its 100-year life.
 
This asset is being made available and is very attractive to a number of potential tenants, owner-operators or investors. Richmond has a thin industrial inventory thanks to its designation as a five-star logistics city. More than 50 percent of the US population is within a one-day drive. The Richmond Airport is Foreign Trade Zone #207.  Logistics and transportation infrastructure are complemented by a skilled workforce numbering nearly 750,000 and rapidly growing. Richmond’s central location on the U.S. east coast provides an ideal advantage. Businesses benefit from proximity to major business, financial and governmental and shipping/logistics hubs, and availability to global markets.

  • Date available: 60 Days
  • Lease term: Negotiable
  • Service type: Industrial Gross
  • Space Type: Relet

Description

NAI is pleased to market this 16,000 SF industrial space sitting on almost 1.5 acres. Subject site has excellent location about 3 miles from downtown and fantastic highway access! Zoned M1 - Light Industrial.

Highlights

Strong Location and Highway Access
Zoned M1 Light Industrial

Property Flyers

Amenities

  • Bus Line
  • Fenced Lot
  • Yard

Public Transportation

Commuter RailDriveWalkDistance
Richmond Main Street Amtrak Station (Northeast Regional - Amtrak) 6 min - 3.6 mi
Richmond Staples Mill Road Amtrak Station (Carolinian - Amtrak, Northeast Regional - Amtrak, Palmetto - Amtrak, Silver Meteor - Amtrak) 13 min - 7.2 mi
AirportDriveWalkDistance
Richmond International 15 min - 8.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 17
Type: Surface
Included in Rent: Yes
Dennis Shubert 804-346-5000 NAI Dominion
Dennis Shubert 804-346-5000 NAI Dominion