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320 Newbern Rd
Dublin, VA 24084
Industrial Property For Sale
Investment Highlights
- The property offers heavy electrical service, six dock-high doors, one grade-level drive-in door, a wet sprinkler system
- Additional amenities include ample paved auto parking and convenient laydown/storage areas
- Metal construction with 14’–16’ clear heights (TBV).
- Supporting a range of light-to-medium industrial uses
Executive Summary
Colliers International | Charlottesville, as exclusive advisor, is pleased to present the sale-leaseback offering for 320 Newbern Road in Dublin, Virginia. This 83,683 SF manufacturing and warehousing facility sits on 4.70± acres with 0.5 acres of valuable outdoor storage. The asset will be delivered with a new 15-year absolute net lease to Commercial Vehicle Group (CVG) commencing upon closing, featuring annual 3.5% escalations, and one five-year renewal option at FMV.
Strategically positioned just off Interstate 81, the arterial backbone of Southwest Virginia’s industrial corridor, the property benefits from direct regional connectivity to Blacksburg, the New River Valley, and major OEM and advanced manufacturing clusters located throughout Pulaski County and the broader Roanoke–New River Valley metro. The region continues to attract investment in automotive, electrification, aerospace, and logistics sectors, supported by a highly capable labor force and a cost-competitive operating environment.
Strategically positioned just off Interstate 81, the arterial backbone of Southwest Virginia’s industrial corridor, the property benefits from direct regional connectivity to Blacksburg, the New River Valley, and major OEM and advanced manufacturing clusters located throughout Pulaski County and the broader Roanoke–New River Valley metro. The region continues to attract investment in automotive, electrification, aerospace, and logistics sectors, supported by a highly capable labor force and a cost-competitive operating environment.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1960 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | B | Clear Ceiling Height | 16’ |
| Lot Size | 50.34 AC | No. Dock-High Doors/Loading | 6 |
| Rentable Building Area | 88,000 SF | ||
| Zoning | DM1 - Manufacturing Warehousing | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 50.34 AC |
| Rentable Building Area | 88,000 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Tenancy | Single |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 6 |
| Zoning | DM1 - Manufacturing Warehousing |
Property Taxes
| Parcel Number | 05845 | Improvements Assessment | $2,221,183 CAD |
| Land Assessment | $205,058 CAD | Total Assessment | $2,426,240 CAD |
Property Taxes
Parcel Number
05845
Land Assessment
$205,058 CAD
Improvements Assessment
$2,221,183 CAD
Total Assessment
$2,426,240 CAD
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