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3002 Arizona Ave 21,541 SF of Industrial Space Available in Norfolk, VA 23513
FEATURES
ALL AVAILABLE SPACE(1)
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This versatile industrial property offers +21,541 SF of total space, including a +17,366 SF main warehouse, a +2,375 SF fab shop, and +1,800 SF of office space, situated on a +0.62-acre site. Built in 1959 with durable metal construction, the property features a clear height ranging from 13’ to 20’, 3-phase electrical power, and ten grade-level loading doors, ensuring flexibility for a variety of industrial uses. Zoned I-L (Light Industrial), the site is located in an Enterprise Zone, providing potential incentives for qualifying tenants. Additional features include a fenced and stabilized yard, offering secure and functional outdoor space. Available for occupancy on May 1, 2024, this property is offered at a lease rate of $9.00 PSF, NNN, with 3% annual escalations. Operating expenses (taxes and insurance) are estimated at $0.67 PSF. The current master lease runs through January 31, 2027, and the landlord is open to a long-term lease with a quality credit tenant. This is an excellent opportunity for industrial users seeking a well-equipped and strategically located facility.
- Sublease space available from current tenant
- Includes 1,800 SF of dedicated office space
- Fenced and stabilized yard
- Lease rate does not include utilities, property expenses or building services
- Yard
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 21,541 SF | Jan 2027 | $11.17 CAD/SF/YR $0.93 CAD/SF/MO $240,556 CAD/YR $20,046 CAD/MO | Industrial | Partial Build-Out | 30 Days |
1st Floor
| Size |
| 21,541 SF |
| Term |
| Jan 2027 |
| Rental Rate |
| $11.17 CAD/SF/YR $0.93 CAD/SF/MO $240,556 CAD/YR $20,046 CAD/MO |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 21,541 SF |
| Term | Jan 2027 |
| Rental Rate | $11.17 CAD/SF/YR |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | 30 Days |
This versatile industrial property offers +21,541 SF of total space, including a +17,366 SF main warehouse, a +2,375 SF fab shop, and +1,800 SF of office space, situated on a +0.62-acre site. Built in 1959 with durable metal construction, the property features a clear height ranging from 13’ to 20’, 3-phase electrical power, and ten grade-level loading doors, ensuring flexibility for a variety of industrial uses. Zoned I-L (Light Industrial), the site is located in an Enterprise Zone, providing potential incentives for qualifying tenants. Additional features include a fenced and stabilized yard, offering secure and functional outdoor space. Available for occupancy on May 1, 2024, this property is offered at a lease rate of $9.00 PSF, NNN, with 3% annual escalations. Operating expenses (taxes and insurance) are estimated at $0.67 PSF. The current master lease runs through January 31, 2027, and the landlord is open to a long-term lease with a quality credit tenant. This is an excellent opportunity for industrial users seeking a well-equipped and strategically located facility.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Includes 1,800 SF of dedicated office space
- Yard
- Fenced and stabilized yard
PROPERTY OVERVIEW
+/-21,541 SF Available (17,366 SF Main Warehouse; 2,375 SF Fab Shop; 1,800 SF Office) Master Lease runs through 1/31/2027 Landlord will consider long term lease for quality credit tenant Fenced and stabilized yard
WAREHOUSE FACILITY FACTS
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3002 Arizona Ave
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