6410 Technology | Salem, VA 24153
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- LoopNet Team
6410 Technology
Salem, VA 24153
Lowe's Distribution Warehouse · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Long term lease with 10 years remaining
- Corporate lease & New construction
- Positioned adjacent to I-81(52,000 VPD), a major interstate spanning across the eastern United States
- 1.5% annual escalations
- Tenants in nearby industrial parks include Kroger, Mack Trucks, R+L Carriers, Blue Ridge Beverage, Koppers, and many others
- The submarket saw rents rise 10.6% in the most recent quarter of 2022 and a gain of 7.2% over the past three years
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Building Class | A | Year Built | 2022 |
| Lot Size | 8.45 AC | Tenancy | Single |
| Rentable Building Area | 60,000 SF | ||
| Zoning | I2C | ||
| Property Type | Industrial |
| Building Class | A |
| Lot Size | 8.45 AC |
| Rentable Building Area | 60,000 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Tenancy | Single |
| Zoning | I2C |
PROPERTY TAXES
| Parcel Number | 064.02-02-50 | Improvements Assessment | $3,854,200 |
| Land Assessment | $426,200 | Total Assessment | $4,280,400 |
PROPERTY TAXES
Parcel Number
064.02-02-50
Land Assessment
$426,200
Improvements Assessment
$3,854,200
Total Assessment
$4,280,400
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