Office Warehouse

Belt Trade Center - Industrial Flex

Listing Price: $2,599,999

Cap Rate
9.63%
Gross SF
59,444
Price/Gross SF
$43.74
Lot Size
3.93 acres
Year Built
1996
Rentable SF
59,444

Investment Overview

133 Belt Trade Center is a unique industrial/flex investment opportunity, with multiple tenants and historically strong occupies.

The Fully leased property offers great visibility and access to Midlothian Turnpike and Hull Street. There are 19 separated and flexible tenant spaces, many are below market. There is a hefty opportunity to

increase rents and capture some CAM, Real Estate Taxes and Insurance.

The property is ideally situated for auto service tenants with 26 loading bays for storage or service uses. It is also well suited for contractors, warehouse, distribution and general commercial uses.

The surrounding area has seen lots of improvements with the GRTC Transit System facility, the City of Richmond Police 2nd Precinct, and the national chains on Belt Blvd and at Circle Shopping Center.

By right, the zoning is Zoned B-3 and accommodates a number of users, with great frontage on Belt Boulevard with additional signage.

Investment Highlights

  • Multiple tenancy to mute vacancies and ability to capture strong rent growth.
  • A strong Net Operating Income with low expenses.
  • 14' ceiling heights, 24 grade level doors, fenced yard, and ample parking
  • A strong central location with access to Midlothian Turnpike.

Exclusively Listed By

Office Warehouse

Belt Trade Center - Industrial Flex

Listing Price: $2,599,999

Cap Rate
9.63%
Gross SF
59,444
Price/Gross SF
$43.74
Lot Size
3.93 acres
Year Built
1996
Rentable SF
59,444

Investment Highlights

  • Multiple tenancy to mute vacancies and ability to capture strong rent growth.
  • A strong Net Operating Income with low expenses.
  • 14' ceiling heights, 24 grade level doors, fenced yard, and ample parking
  • A strong central location with access to Midlothian Turnpike.

Investment Overview

133 Belt Trade Center is a unique industrial/flex investment opportunity, with multiple tenants and historically strong occupies.

The Fully leased property offers great visibility and access to Midlothian Turnpike and Hull Street. There are 19 separated and flexible tenant spaces, many are below market. There is a hefty opportunity to

increase rents and capture some CAM, Real Estate Taxes and Insurance.

The property is ideally situated for auto service tenants with 26 loading bays for storage or service uses. It is also well suited for contractors, warehouse, distribution and general commercial uses.

The surrounding area has seen lots of improvements with the GRTC Transit System facility, the City of Richmond Police 2nd Precinct, and the national chains on Belt Blvd and at Circle Shopping Center.

By right, the zoning is Zoned B-3 and accommodates a number of users, with great frontage on Belt Boulevard with additional signage.

Exclusively Listed By

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