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14140-14174 N Washington Hwy

5,000 - 240,200 SF of 4-Star Industrial Space Available in Ashland, VA 23005

Virtual Tour

Highlights

  • 14140-14174 N Washington Highway offers industrial space with flexible layouts from 30K to 177K SF, negotiable rent incentives, and TI allowances.
  • Formerly occupied by Value City Furniture for 15 years, ideal for a similar use, distribution / logistics, storage, light manufacturing, and more.
  • 14140 (Building 1): 50K SF, 32-foot high-bay warehouse, nine truck-height doors, and a 2,500-SF mezzanine office.
  • Features include a generous 32-foot clear height, mezzanine office space, 50+ loading docks, ramped doors, cross-dock configuration, and heavy power.
  • 3 miles to I-95, placing transporters 30 minutes to Fredericksburg, 1.5 hours to DC and Norfolk, 2.5 hours to Raleigh, and 4 hours to Philadelphia.
  • 14174 (Building 2): 30 to 117K SF, truck parking available, oversized door connected to Building 1, and 480-volt, 2,500-amp, 3-phase service.

Features

Clear Height
32’
Drive In Bays
1
Exterior Dock Doors
75
Levelers
28
Standard Parking Spaces
174

all available spaces(2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor - 14140 (Building 1)
  • 50,000-56,500 SF
  • 1-10 Years
  • $7.50 /SF/YR $0.63 /SF/MO $423,750 /YR $35,313 /MO
  • Industrial
  • Full Build-Out
  • Now

The 50,000-square-foot space features 10 loading dock doors, nine at truck height, and one with a concrete ramp and oversized door.

  • Lease rate does not include utilities, property expenses or building services
  • 1 Drive Bay
  • 9 Loading Docks
  • TI and Rent Incentives Available
  • Includes 6,500 SF of dedicated office space
  • Can be combined with additional space(s) for up to 240,200 SF of adjacent space
  • 32-Foot Clear Height
  • Extra 6,500 SF Available for Office
  • 1st Floor - 14174 (Building 2)
  • 5,000-183,700 SF
  • 1-10 Years
  • $6.50 /SF/YR $0.54 /SF/MO $1,194,050 /YR $99,504 /MO
  • Industrial
  • Full Build-Out
  • Now

The 117,000-square-foot space has a vast warehouse, a 2,500-square-foot mezzanine office, and a cross-dock area with about 50 loading docks.

  • Lease rate does not include utilities, property expenses or building services
  • Can be combined with additional space(s) for up to 240,200 SF of adjacent space
  • 16-Foot Clear Height
  • Includes 2,500 SF of dedicated office space
  • 50 Loading Docks
  • TI and Rent Incentives Available
Space Size Term Rental Rate Space Use Condition Available
1st Floor - 14140 (Building 1) 50,000-56,500 SF 1-10 Years $7.50 /SF/YR $0.63 /SF/MO $423,750 /YR $35,313 /MO Industrial Full Build-Out Now
1st Floor - 14174 (Building 2) 5,000-183,700 SF 1-10 Years $6.50 /SF/YR $0.54 /SF/MO $1,194,050 /YR $99,504 /MO Industrial Full Build-Out Now

1st Floor - 14140 (Building 1)

Size
50,000-56,500 SF
Term
1-10 Years
Rental Rate
$7.50 /SF/YR $0.63 /SF/MO $423,750 /YR $35,313 /MO
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor - 14174 (Building 2)

Size
5,000-183,700 SF
Term
1-10 Years
Rental Rate
$6.50 /SF/YR $0.54 /SF/MO $1,194,050 /YR $99,504 /MO
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor - 14140 (Building 1)

Size 50,000-56,500 SF
Term 1-10 Years
Rental Rate $7.50 /SF/YR
Space Use Industrial
Condition Full Build-Out
Available Now

The 50,000-square-foot space features 10 loading dock doors, nine at truck height, and one with a concrete ramp and oversized door.

  • Lease rate does not include utilities, property expenses or building services
  • Includes 6,500 SF of dedicated office space
  • 1 Drive Bay
  • Can be combined with additional space(s) for up to 240,200 SF of adjacent space
  • 9 Loading Docks
  • 32-Foot Clear Height
  • TI and Rent Incentives Available
  • Extra 6,500 SF Available for Office

1st Floor - 14174 (Building 2)

Size 5,000-183,700 SF
Term 1-10 Years
Rental Rate $6.50 /SF/YR
Space Use Industrial
Condition Full Build-Out
Available Now

The 117,000-square-foot space has a vast warehouse, a 2,500-square-foot mezzanine office, and a cross-dock area with about 50 loading docks.

  • Lease rate does not include utilities, property expenses or building services
  • Includes 2,500 SF of dedicated office space
  • Can be combined with additional space(s) for up to 240,200 SF of adjacent space
  • 50 Loading Docks
  • 16-Foot Clear Height
  • TI and Rent Incentives Available

Property Overview

14140-14174 N Washington Highway is the premier opportunity to establish a base of operations in the Richmond metro and take advantage of its regional accessibility to the Mid-Atlantic. The property is securely fenced and gated, allowing for some outdoor storage or truck parking, and the owner can set up additional outdoor storage. Equipped with dock-high loading, a lofty warehouse clear height of 32 feet, and 480-volt, 2,500-amp, 3-phase power, 14140-14174 N Washington Highway is prepped for intensive operations. Current lessees include Orbit Logistics, RVA Warehousing, and The Supply Room, highlighting the broad potential of uses. Approximately 177,200 square feet of space is available that was formerly occupied by Value City Furniture for 15 years. It is divided into two main sections spanning 50,000 and 127,200 square feet. They are connected via an oversized door and the layout can be demised for up to four tenants. Building 1, the 50,000-square-foot space, features a 2,500-square-foot mezzanine office and 10 loading dock doors, nine at truck height, and one with a concrete ramp and oversized door. Building 2, the 127,200-square-foot space, has a vast warehouse with about 50 loading docks. Floors are being redone, and the landlord is open to creative deals for tenant improvement allowances, free rent incentives, and full conversions of the spaces. Situated off Interstate 95, the prolific artery connects tenants to the East Coast’s most important hubs and is a core roadway for Richmond. Distributors can reach massive population centers like the DC metro, the seventh-largest MSA in the US, and the Virginia Beach-Norfolk-Newport News metro, home to the world's largest naval base, in less than two hours. Ashland has a significant concentration of targeted labor as about 40% of employees within a 10-mile radius work in the industrial sector. Workers enjoy easy commutes as Interstate 95 spans the entire Richmond region from north to south. These advantages have led major corporations to lease large industrial footprints in Ashland, including Wegmans, SanMar, Amazon, FedEx, Anixter, and more. Utilize these factors to propel success and maximize reach from Richmond’s strategic location by leasing at 14140-14174 N Washington Highway today.

Distribution FACILITY FACTS

Building Size
240,200 SF
Lot Size
28.81 AC
Year Built
1980
Construction
Masonry
Sprinkler System
Wet
Power Supply
Amps: 2,500 Volts: 480 Phase: 3
Zoning
M2 - Industrial

Marketing Brochure

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Washington
702,455
91
1 h 53 m
Philadelphia
1,584,138
228
4 h 49 m
Charlotte
872,498
311
5 h 57 m
New York
8,398,748
317
6 h 33 m
Columbus
892,533
442
8 h 58 m
Indianapolis
867,125
620
11 h 59 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
87,158
Total Labor Force
50,179
Unemployment Rate
2.76%
Median Household Income
$99,525
Warehouse Employees
5,334
High School Education Or Higher
93.90%

Nearby Amenities

Hotels

Hampton by Hilton
74 rooms
6 min drive
Days Inn
90 rooms
7 min drive
Holiday Inn Express
115 rooms
8 min drive
Tru by Hilton
97 rooms
8 min drive
La Quinta Inns & Suites
72 rooms
10 min drive

Leasing Agent

Leasing Agent

(833) 732-3673
Contact
Matt Klump, Founder & CEO
(833) 732-3673
Contact
Matt Klump, Founder and CEO of Seaford Capital Partners, has over 19 years of experience within the commercial real estate industry. His primary focus has been sourcing and executing value-add opportunities for real estate-based private equity funds. With a geographic concentration in the Eastern US, he has acquired 2.5 million square feet and completed over $400,000,000 in total transactions. During this time, he actively led the redevelopment process on 40+ assets, personally leasing and managing the construction of over 600,000 square feet of vacant space. In 2018, Matt founded Seaford Capital Partners to capitalize on his ability to selectively source, manage and execute real estate investment opportunities.
  • Listing ID: 30766614

  • Date on Market: 7/4/2024

  • Last Updated:

  • Address: 14140-14174 N Washington Hwy, Ashland, VA 23005

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