Seven Hills Distribution Center | Building 4 — Lease in Henrico, VA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Henrico, VA 23231

Description

Industrial | For Lease: 75,000 - 148,720 SF New 148,720 SF Class A build-to-suit industrial facilityFront‑load design with 36' clear height, modern building systems, flexible demising options, and ample parking. Key Facts Zoning: M-2C (General Industrial) Dimensions: 260’ D x 572’ W Clear Height: 36' Spec Office: ±3,000 SF with restrooms Column Spacing: 54’ x 50’ w/ 60’ speed bay Floor Slab: 7” 4,000 psi concrete on 6” of stone base w/ 6mil vapor barrier under slab Loading: Front loaded Manual Overhead Doors: Thirty-four (34) 9’ x 10’ Mechanical Levelers: Seventeen (17) 45,000 lb. mechanical levelers + seals Drive-In Doors: Two (2) 14’ x 16’ motorized roll-up doors at drive-ins Truck Court: 130’-deep truck court with 70’ concrete apron and heavy-duty drive aisle Lighting: 30 foot candles throughout; Motion sensors

Market Context

This industrial in Henrico, VA is listed for lease. It has been on the market for 176 days. Compare it against other industrial listings for lease in Henrico, VA — view the full market.

As of Q4 2025, the Richmond industrial market showed a 5.2% vacancy rate, average asking rents near $9.38/SF/yr, and cap rates around 5.5%. Source: multiple brokerage reports, Q4 2025.

Tight vacancy keeps competition for quality space elevated.

Industrial market FAQ

What is the typical cap rate for industrial in Richmond?
About 5.5% as of Q4 2025, per multiple brokerage reports.
Is the Richmond industrial market tightening or softening?
Vacancy is around 5.2% (Q4 2025).

Estimated Market Rate

$0.73/SF/mo – $0.98/SF/mo

Mid: $0.85/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Based on comparable properties in similar markets rather than local sales.

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