12700 Oak Lake Trl 8,200 SF Industrial Building Midlothian, VA 23112 $1,350,000 ($164.63/SF)

Oak Lake Trail presents an opportunity to acquire a multi-building industrial asset in Midlothian, Virginia, consisting of more than two acres across 12700 Oak Lake Trail and the adjacent parcel at 2612 Oak Lake Boulevard. The property includes a 5,000-square-foot office/warehouse building, a separate 3,200-square-foot warehouse, paved parking, outdoor storage areas, and frontage along Oak Lake Boulevard. The configuration supports a variety of industrial and contractor-oriented operations while providing flexibility for future expansion.
The asset benefits from existing income generated by a tenant lease extending through January 8, 2029, providing immediate cash flow. In addition to the existing improvements, the adjacent parcel offers significant future development potential, including the ability to expand the current improvements or pursue additional industrial construction. The combination of stabilized income, outdoor storage capability, and expansion opportunities creates multiple avenues for long-term value creation.
Located within the Richmond metropolitan area, the property offers convenient access to the region's industrial and business corridors. Midlothian continues to attract commercial investment due to its proximity to major transportation routes, workforce population centers, and the broader Richmond economic base. The property's combination of functional warehouse space, office accommodations, parking, and land positions it well for owner-users, investors, and businesses seeking a flexible industrial asset with future growth potential.