Hampton Industrial for Lease - Downtown Newport News
Discover this new construction industrial facility in the Copeland Industrial Park, located at 324 E Street, a state-of-the-art 53,760-square-foot industrial warehouse. This versatile property is also available in two subdivided sections of 26,880 square feet each, offering a wealth of features that make it an ideal solution for a range of industrial, manufacturing, and commercial uses.
The space boasts durable metal construction, clear heights between 22 to 32 feet, and top-tier amenities, including LED lighting, an ESFR sprinkler system, and a robust 1,200-amp, 270/440-volt, 3-phase power supply. The property is designed for optimal space utilization with a layout featuring 60-foot by 28-foot center column spacing per partition, four 12-foot by 12-foot dock-level, and two grade-level doors for seamless logistics, with 30 surface parking spaces, exterior lighting for enhanced security, and 6-inch slab over rebar with a 4,000 PSI slab for durable, long-term use. Ceiling-mounted gas heaters ensure climate control throughout the warehouse, offering modern solutions to all business needs. 324 E Street is also for sale, representing a prime owner/user and value-add opportunity.
324 E Street is strategically located in Hampton Roads, a region known for its excellent connectivity and proximity to vital transportation routes. Situated just 3.5 miles from Newport News Shipyard and 4.4 miles from Newport News Marine Terminals, the location is perfectly positioned for businesses engaged in international trade, manufacturing, and logistics. It offers direct access to Interstates 664 and 64 within a mile and is just 16 miles from Virginia International Gateway and 18 miles from Norfolk International Airport. The state-of-the-art warehouse facility is within the Virginia Enterprise Zone and the City of Hampton’s Urban Enterprise Zone, offering businesses attractive incentives like tax credits, property tax exemptions, and grants. It’s also in Virginia’s largest Foreign-Trade Zones (FTZ), an ideal location for businesses involved in international trade, manufacturing, distribution, and logistics. Its HUBZone designation offers companies access to federal contracting opportunities.
The Copeland Industrial Park area is part of a growing submarket in Hampton Roads, with consistently low vacancy rates and increasing rental demand. Located in a densely populated area, 324 E Street is home to 388,000 people within a 10-mile radius, ensuring a skilled workforce for any business operation. The area boasts vibrant neighborhood amenities with national retailers such as Dollar Tree, McDonald’s, Wendy’s, and 7-Eleven within a mile, which further enhances its appeal for businesses looking to establish themselves in a thriving locale. Its M3 zoning allows for heavy industrial and manufacturing activities, including warehousing, distribution, R&D, and more, offering businesses a wide range of uses. 324 E Street represents an exceptional opportunity for businesses seeking a highly functional, strategically positioned, and economically advantageous location for their operations.
