Industrial Property for Lease in Norfolk, VA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Norfolk, VA 23502
  • Size: 9,216 SF
  • Year built: 1954

Description

Building SF: 9216 | Land Size: 0.31 Ac | Year Built: 1954 | Listing Type: FOR LEASE

Market Context

This industrial in Norfolk, VA is listed for lease across 9,216 SF. The building dates to 1954. It has been on the market for 39 days. Compare it against other industrial listings for lease in Norfolk, VA — <a href="/search/lease/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 space leases quickly.

Unified Estimate

Medium Confidence

$4.31/SF/mo – $5.83/SF/mo

Mid: $5.07/SF/mo

Total estimate for 9,216 SF: $46,725

Rate estimator only; cost-of-business estimate unavailable.

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