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940 Orange St 79,000 SF Industrial Building Bedford, VA 24523 $3,250,000 ($41.14/SF) 5.26% Cap Rate

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Executive Summary

Fully Leased. NNN Tenant. Two Buildings. Long-Term Lease, expires 9/30/34. Gross Rent - $190,569

940 Orange St SF

Survey - 940 Orange St

Property Facts

Price	$3,250,000	No. Stories	1
Price Per SF	$41.14	Year Built	1978
Sale Type	Investment NNN	Tenancy	Single
Cap Rate	5.26%	Parking Ratio	0.25/1,000 SF
Property Type	Industrial	Clear Ceiling Height	25’
Property Subtype	Food Processing	No. Dock-High Doors/Loading	3
Building Class	B	No. Drive In / Grade-Level Doors	2
Lot Size	28.00 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	79,000 SF
Zoning	M1

Price	$3,250,000
Price Per SF	$41.14
Sale Type	Investment NNN
Cap Rate	5.26%
Property Type	Industrial
Property Subtype	Food Processing
Building Class	B
Lot Size	28.00 AC
Rentable Building Area	79,000 SF
No. Stories	1
Year Built	1978
Tenancy	Single
Parking Ratio	0.25/1,000 SF
Clear Ceiling Height	25’
No. Dock-High Doors/Loading	3
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M1

Cooler

Fenced Lot

Freezer (Space)

Security System

1 1

Somewhat walkable

30/100

Exceptionally drivable

100/100

Fairly bikeable

40/100

Source: Local Logic^®

(540) 563-9903

Contact

John Lipscomb
L & M Properties, LLC

Listing ID: 35770796
Date on Market: 5/7/2025
Last Updated:
Address: 940 Orange St, Bedford, VA 24523

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940 Orange St

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