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Midpoint Drive 2 Industrial Properties Offered at $6,750,000 in Mineral, VA



Investment Highlights
- Two newly constructed industrial buildings totaling approximately 21,120 SF on 7.5± acres of fenced, graveled yard
- Modern design with 18’–21’ clear heights, clear-span interiors, and multiple 14’ x 12’ drive-in doors
- Offered at $6,750,000 with a 6.5% capitalization rate, providing strong investment fundamentals
- Fully leased to two regional-credit tenants under NNN structures, ensuring stable cash flow
- Located along the I-64 corridor with direct access to Richmond (36 miles) and Charlottesville (33 miles)
- Positioned in a growing industrial hub with limited supply of new construction and strong tenant demand
Executive Summary
121 Midpoint Drive presents a rare opportunity to acquire a newly constructed, fully leased industrial investment in Louisa County, Virginia. This two-building property spans approximately 21,120 SF across 7.5± acres of fenced and graveled heavy-industrial land. Each pre-engineered metal building offers clear-span interiors, 18’–21’ ceiling heights, and multiple 14’ x 12’ drive-in doors, making the site ideal for equipment-intensive and fleet-oriented users.
The asset is 100% leased to two strong regional-credit tenants, Henkels & McCoy (a MasTec subsidiary) and NLS Technologies, both serving infrastructure-driven industries such as data center construction, utilities, and event staging. These tenants operate under NNN leases, providing durable cash flow with minimal landlord responsibilities. The property benefits from contractual rent escalations and a favorable 6.5% capitalization rate, offering investors a stable income stream and long-term upside in a supply-constrained industrial market.
Strategically located along the I-64 corridor, the site provides direct access to both Greater Richmond and Charlottesville, positioning it as a key industrial and commercial midpoint between these growing markets. Louisa County continues to experience strong economic expansion, driven by population growth, industrial development, and a pro-business environment. This property’s combination of modern construction, strong tenancy, and strategic location makes it a premier investment opportunity in Central Virginia.
The asset is 100% leased to two strong regional-credit tenants, Henkels & McCoy (a MasTec subsidiary) and NLS Technologies, both serving infrastructure-driven industries such as data center construction, utilities, and event staging. These tenants operate under NNN leases, providing durable cash flow with minimal landlord responsibilities. The property benefits from contractual rent escalations and a favorable 6.5% capitalization rate, offering investors a stable income stream and long-term upside in a supply-constrained industrial market.
Strategically located along the I-64 corridor, the site provides direct access to both Greater Richmond and Charlottesville, positioning it as a key industrial and commercial midpoint between these growing markets. Louisa County continues to experience strong economic expansion, driven by population growth, industrial development, and a pro-business environment. This property’s combination of modern construction, strong tenancy, and strategic location makes it a premier investment opportunity in Central Virginia.
Property Facts
| Price | $6,750,000 | Number of Properties | 2 |
| Price / SF | $319.60 / SF | Individually For Sale | 0 |
| Cap Rate | 6.50% | Total Building Size | 21,120 SF |
| Sale Type | Investment NNN | Total Land Area | 10.06 AC |
| Status | Active |
| Price | $6,750,000 |
| Price / SF | $319.60 / SF |
| Cap Rate | 6.50% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 21,120 SF |
| Total Land Area | 10.06 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Phase 2
121 Midpoint Dr, Mineral, VA 23117 |
Industrial | 10,560 SF | 2026 | - |
|
Phase 1
121 Midpoint Dr, Mineral, VA 23117 |
Industrial | 10,560 SF | 2026 | - |
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