Industrial Property for Lease in Portsmouth, VA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Portsmouth, VA 23701
  • Size: 74,868 SF
  • Year built: 1957

Description

Up to 74,868 SF of Office/Warehouse Space Available | Zoned I-L This versatile property offers up to 74,868 square feet of office/warehouse space, including approximately 3,100 square feet of office space. Situated on 3.69 acres, the building features ceiling heights ranging from 11 to 22 feet and ample power, with approximately 800 amps available. Originally built in 1954, the property has undergone recent additions and renovations, making it a functional and modern facility. Its strategic location provides excellent access to major interstates, ideal for businesses seeking a convenient, well-equipped space. Zoned I-L, the property accommodates a variety of industrial and commercial uses. Building SF: 74868 | Land Size: 3.69 Ac | Year Built: 1957 | Listing Type: FOR LEASE

Market Context

This industrial in Portsmouth, VA is listed for lease across 74,868 SF. The building dates to 1957. It has been on the market for 39 days. Compare it against other industrial listings for lease in Portsmouth, VA — <a href="/search/lease/industrial/virginia/portsmouth">view the full market</a>.

As of Q4 2019, the New Hampshire industrial market showed average asking rents near $7.08/SF/yr, and rents up 5.5% year over year. Source: Consensus Q4 2019 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Unified Estimate

Medium Confidence

$0.50/SF/mo – $0.68/SF/mo

Mid: $0.59/SF/mo

Total estimate for 74,868 SF: $44,172

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

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