5200 City Line Rd
Hampton, VA 23661
Infinity Building · Industrial Property For Sale

The Infinity Building is a 57,024 square foot industrial building in one of the largest and tightest industrial submarkets of Virginia’s Hampton Roads area. The facility is 61% occupied with 22K vacant square feet. With a surrounding submarket vacancy of 3.9% and market asking rents of $5.64, a potential investor has the opportunity to significantly improve the property’s income through leasing. The occupied square feet of the center contains two last-mile distribution tenants: Bimbo Bakery and Schmidt Baking Co. Bimbo Bakery is the largest bakery company in the United States and is the American corporate arm of its multinational parent company Grupo Bimbo. Driving its use as a last-mile distribution facility is the Infinity Building’s regional connectivity and dense surrounding market. The property is located less than a mile from I-664 (82K VPD) near its interchange with I-64 (89K VPD). These two interstates provide immediate regional access to the markets surrounding population. 300K people live within a 20-minute drive of the Infinity Building and they earn an average household income of nearly $75K.