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340 Commerce Drive

60,000 SF of Industrial Space Available in South Point, OH 45680

Virtual Tour

Highlights

  • Newly built, 60,000-square-foot asset with a 34-foot clear height, one drive-in bay, 8-inch warehouse floors, and four loading docks with levelers.
  • Distribution-friendly location along the Ohio River at the borders of Ohio, West Virginia, and Kentucky, with Interstate 64 minutes away.
  • Take advantage of cost-saving benefits due to no income tax, no inventory tax, no personal property, and no corporate franchise tax.
  • Part of a new industrial park featuring truck scales, rail scales, an intermodal transport area, and on-site public port access via the River Dock.
  • Expand logistical reach, 20 minutes from Huntington Tri-State Airport, 1 hour from Charleston, 2 from Lexington and Columbus, and 2.5 from Cincinnati.
  • Available for sale or lease. Enquire now.

Features

Clear Height
34’
Warehouse Floor
8”
Drive In Bays
1
Exterior Dock Doors
4
Levelers
4

all available space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 60,000 SF
  • 1-25 Years
  • $6.85 /SF/YR $0.57 /SF/MO $73.73 /m²/YR $6.14 /m²/MO $34,250 /MO $411,000 /YR
  • Industrial
  • -
  • Now
  • Lease rate does not include utilities, property expenses or building services
  • High End Trophy Space
  • 1 Drive Bay
  • 4 Loading Docks
Space Size Term Rental Rate Space Use Condition Available
1st Floor 60,000 SF 1-25 Years $6.85 /SF/YR $0.57 /SF/MO $73.73 /m²/YR $6.14 /m²/MO $34,250 /MO $411,000 /YR Industrial - Now

1st Floor

Size
60,000 SF
Term
1-25 Years
Rental Rate
$6.85 /SF/YR $0.57 /SF/MO $73.73 /m²/YR $6.14 /m²/MO $34,250 /MO $411,000 /YR
Space Use
Industrial
Condition
-
Available
Now

1st Floor

Size 60,000 SF
Term 1-25 Years
Rental Rate $6.85 /SF/YR
Space Use Industrial
Condition -
Available Now

  • Lease rate does not include utilities, property expenses or building services
  • 1 Drive Bay
  • High End Trophy Space
  • 4 Loading Docks

Property Overview

Secure an extraordinarily connected location along the Ohio River at a tri-state border with this exclusive lease opportunity presented by the Lawrence Economic Development Corporation. 340 Commerce Drive is a 60,000-square-foot industrial warehouse built in 2023 and is operation-ready with room to expand its footprint. It features an expansive 34-foot clear height, one drive-in bay, an eight-inch warehouse floor, and four loading docks with levelers. 340 Commerce Drive is part of a newer industrial park that houses over 20 businesses, including FedEx and UPS, with direct access to US 52, a four-lane highway. The park offers several innate advantages, including truck scales, rail scales, a Foreign Trade Zone, an intermodal transport area, and on-site public port access via the River Dock. Access to 340 Commerce Drive is streamlined via nearby Highway 52, a four-lane roadway leading to Interstate 64 within 10 minutes. It can tap into the labor pools and serve the nearby communities of Huntington, Marathon, Catlettsburg, Ironton, and Calgon, all of which are within a 15-minute drive. There are over 140,000 residents within a 10-mile radius, and 27% of the employees in that area work in good-producing industries or trade transportation. Widening out, Huntington/Ashland/Ironton MSA has a total of 364,000 residents.

Warehouse FACILITY FACTS

Building Size
60,000 SF
Lot Size
5.00 AC
Year Built
2023
Construction
Metal
Sprinkler System
Wet
Water
City
Sewer
City
Heating
Gas
Gas
Natural
Power Supply
Amps: 1,600 Phase: 3 Wire: 4
Zoning
Industrial/Commercial

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Columbus
892,533
131
2 h 49 m
Indianapolis
867,125
266
5 h 14 m
Charlotte
872,498
324
6 h 9 m
Chicago
2,705,994
448
8 h 45 m
Philadelphia
1,584,138
518
9 h 45 m
New York
8,398,748
599
11 h 35 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
143,680
Total Labor Force
60,853
Unemployment Rate
4.71%
Median Household Income
$48,843
Warehouse Employees
7,937
High School Education Or Higher
88.80%

Nearby Amenities

Hotels

Rodeway Inn
48 rooms
5 min drive
Comfort Suites
61 rooms
10 min drive
Delta Hotel
152 rooms
12 min drive

Leasing Team

Leasing Team

(740) 377-4550 x225
Contact
Jeremy Clay, Associate Executive Director
(740) 377-4550 x225
Contact
Jeremy Clay, an Associate Executive Director at Lawrence Economic Development Corporation, also serves as the Business Owner of Clay Investments. Additionally, he holds a position as an Adjunct Faculty member at Ohio University.
(740) 377-4550
Contact
Marty Conley, Associate Director
(740) 377-4550
Contact
Marty is a graduate of Ohio University. He works to see that communities prosper from businesses in the area. Marty enjoys working with leadership to stimulate growth and create opportunities in the community.

About the Owner

Read More
  • Listing ID: 23920940

  • Date on Market: 8/17/2021

  • Last Updated:

  • Address: 340 Commerce Drive, South Point, OH 45680

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