Westport Trade Center — Lease in Henrico, VA

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

Description

WestPort Trade Center offers a Class A industrial warehouse opportunity in the Richmond Airport Industrial submarket. This 174,432 SF facility is designed for modern distribution and logistics operations, featuring a rear-load configuration and customizable build-to-suit finishes. The property provides a 36-foot clear height, 28 dock doors, and two oversized drive-in doors, ensuring efficient loading and unloading capabilities. Located just 1.5 miles from I-64, 3 miles from Richmond International Airport, and 13.5 miles from the Richmond Marine Terminal, the site offers exceptional regional and national connectivity. The facility includes a 130-foot-deep truck court, ESFR fire protection, LED high-bay lighting, and HVAC for freeze protection. With 134 parking spaces (expandable) and heavy-duty truck aprons, the property is well-suited for high-volume distribution. Developed by Lingerfelt Development, LLC, WestPort Trade Center will deliver in Q1 2027, providing tenants with a state-of-the-art logistics hub in a proven industrial corridor.

Market Context

This industrial in Henrico, VA is listed for lease. Compare it against other industrial listings for lease in Henrico, VA — view the full market.

As of Q1 2026, the Richmond industrial market showed a 5.7% vacancy rate, and average asking rents near $8.21/SF/yr. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Industrial market FAQ

Is the Richmond industrial market tightening or softening?
Vacancy is around 5.7% (Q1 2026).

Estimated Market Rate

$0.68/SF/mo – $0.92/SF/mo

Mid: $0.80/SF/mo

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

First seen on CREHunt: Sep 23, 2026

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