Industrial Property for Sale in Norfolk, VA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Norfolk, VA 23502

Description

Located in the thriving Norfolk Industrial submarket, 1157 Production Rd offers a premier sublease opportunity for businesses seeking expansive and versatile industrial space. Spanning an impressive 109,400 square feet, this property is ideal for manufacturers, distributors, and logistics providers who require ample room to streamline operations and support growth. Strategically positioned in Norfolk, Virginia, the property offers excellent accessibility to major transportation hubs, including highways, ports, and rail systems. Its location ensures seamless connectivity for shipping and receiving needs, reducing transit times and optimizing supply chain efficiencies. Designed to accommodate industrial operations, the building features wide, open layouts suitable for diverse configurations. High ceilings, robust infrastructure, and potential loading dock access make it well-suited for warehousing, production, or storage. The surrounding area supports business continuity, with a network of nearby suppliers, services, and amenities. Ideal for businesses looking to expand or establish a footprint in one of Virginia’s most active industrial markets, this property combines convenience, functionality, and scale to meet contemporary operational demands. Whether your focus is on manufacturing, warehousing, or distribution, 1157 Production Rd provides the space and accessibility needed to drive business success. Secure this highly sought-after industrial leasing opportunity today.

Market Context

This industrial in Norfolk, VA is listed for sale. It has been on the market for 5 days. Compare it against other industrial listings for sale in Norfolk, VA — <a href="/search/sale/industrial/virginia/norfolk">view the full market</a>.

As of Q4 2022, the Hampton Roads industrial market showed average asking rents near $12.37/SF/yr, and rents up 53.0% year over year. Source: Colliers Q4 2022 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

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