3002 Arizona Ave
Norfolk, VA 23513 Estabrook

This versatile industrial property offers +21,541 SF of total space, including a +17,366 SF main warehouse, a +2,375 SF fab shop, and +1,800 SF of office space, situated on a +0.62-acre site. Built in 1959 with durable metal construction, the property features a clear height ranging from 13’ to 20’, 3-phase electrical power, and ten grade-level loading doors, ensuring flexibility for a variety of industrial uses.

Zoned I-L (Light Industrial), the site is located in an Enterprise Zone, providing potential incentives for qualifying tenants. Additional features include a fenced and stabilized yard, offering secure and functional outdoor space.

Available for occupancy on May 1, 2024, this property is offered at a lease rate of $9.00 PSF, NNN, with 3% annual escalations. Operating expenses (taxes and insurance) are estimated at $0.67 PSF. The current master lease runs through January 31, 2027, and the landlord is open to a long-term lease with a quality credit tenant. This is an excellent opportunity for industrial users seeking a well-equipped and strategically located facility.

• Date available: 30 Days
• Lease term: None
• Service type: Triple Net
• Space Type: Sublet