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6707 Warwick Rd 35,492 SF 100% Leased Industrial Building Richmond, VA 23225 $4,250,000 ($119.75/SF) 6.60% Cap Rate
Investment Highlights
- ±3.34-acre site with versatile dock and drive-in loading
- Surrounded by major employers and a growing workforce
- Excellent access to I-95, I-64, and Richmond International Airport
- Ideal for logistics, distribution, or light manufacturing
Executive Summary
35,436± SF Three Tenant Fully Leased Flex Building
Three suites:
23,436± SF with fenced yard + two 6,000± SF suites
Versatile dock and drive in loading appealing to future Tenants
Strong infill location
Building financials available upon prospect signed Confidentiality Agreement
Sale Price: $4,250,000 (±6.6% Capitalization Rate)
Three suites:
23,436± SF with fenced yard + two 6,000± SF suites
Versatile dock and drive in loading appealing to future Tenants
Strong infill location
Building financials available upon prospect signed Confidentiality Agreement
Sale Price: $4,250,000 (±6.6% Capitalization Rate)
Property Facts
| Price | $4,250,000 | Rentable Building Area | 35,492 SF |
| Price Per SF | $119.75 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1966 |
| Cap Rate | 6.60% | Parking Ratio | 2.54/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 13’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 4 |
| Building Class | B | No. Drive In / Grade-Level Doors | 8 |
| Lot Size | 1.86 AC | ||
| Zoning | B-3 | ||
| Price | $4,250,000 |
| Price Per SF | $119.75 |
| Sale Type | Investment |
| Cap Rate | 6.60% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.86 AC |
| Rentable Building Area | 35,492 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Parking Ratio | 2.54/1,000 SF |
| Clear Ceiling Height | 13’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 8 |
| Zoning | B-3 |
Amenities
- Bus Line
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Services
- -
- -
- -
TruGreen began in Michigan as a lawn treatment business and grew into a company focused on residential and commercial lawn care across North America. The company provides fertilization, weed control, soil amendments, aeration and overseeding, insect and disease control, and tree and shrub plans, while excluding mowing and landscaping from its core offering. TruGreen also serves businesses and property managers through commercial lawn, turf, plant, and tree maintenance services, offering lawn care, tree and shrub care, and mosquito-related services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Services | - | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | C005-0987-024 | Improvements Assessment | $2,412,000 |
| Land Assessment | $691,000 | Total Assessment | $3,103,000 |
Property Taxes
Parcel Number
C005-0987-024
Land Assessment
$691,000
Improvements Assessment
$2,412,000
Total Assessment
$3,103,000
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