5424 Distributor Dr 10,080 SF Industrial Building Richmond, VA 23225 $1,299,961 CAD ($128.96 CAD/SF)

Positioned in Richmond’s Southside industrial corridor, 5424–5428 Distributor Drive offers a rare opportunity to acquire a well-maintained 10,080 SF industrial asset with flexible B-3 zoning. The property features two dock-high loading doors and one drive-in door, supporting a range of distribution, light manufacturing, or service uses. With a 16-foot clear ceiling height and a fire sprinkler system in place, the building is equipped for operational efficiency and safety. The Building is also being offered for lease at $8.50/SF NNN.
Recent capital improvements include a roof replacement in 2018 and natural gas heating in the warehouse, enhancing long-term durability and tenant comfort. Located near major thoroughfares such as Belt Boulevard and Midlothian Turnpike, the site benefits from strong logistical connectivity to I-95, I-64, and the Richmond International Airport. The surrounding area includes a mix of industrial users, service businesses, and residential neighborhoods, offering a built-in labor pool and customer base.
This property is ideal for owner-users seeking a strategic foothold in Richmond or investors targeting stable industrial assets in a supply-constrained market. Offered at $945,000, the asset presents a compelling value proposition with immediate occupancy potential.