Industrial Property for Sale in Chesapeake, VA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Chesapeake, VA 23324

Description

Warehouse Opportunity in Bainbridge Submarket 1557 & 1559 Poindexter Street is a two-building industrial complex comprising of approximately 122,213 SF on 8.894 acres of land. It is centrally located in the Hampton Streets market in close proximity to the Port of VA and many of the area’s ship repair facilities.

Market Context

This industrial in Chesapeake, VA is listed for sale. It has been on the market for 164 days. Compare it against other industrial listings for sale in Chesapeake, VA — <a href="/search/sale/industrial/virginia/chesapeake">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.

Unified Estimate

Medium Confidence

$36.46/SF – $49.32/SF

Mid: $42.89/SF

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

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