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Abingdon Cold Storage Warehouse 26609 Newbanks Rd

34,000 SF Industrial Building Abingdon, VA 24210 £2,349,900 (£69/SF)

Investment Highlights

  • Modern Cold Storage
  • Fully Racked, or can be removed
  • I-81 Exit 22 Visibility

Executive Summary

Modern cold storage facility at I-81 Exit 22 close to Food City Distribution Center. 740k cubic feet of freezer with racks. Owner will lease or sell as-is, or install/upgrade refrigeration to meet Tenant demands. Note: SF does not include semi-finished and heated area above Offices.

Attachments

Abingdon FP

Taxes & Operating Expenses (Actual - 2023)

Annual Annual Per SF
Taxes £3,462 £0.10
Operating Expenses £6,658 £0.20

Taxes & Operating Expenses (Actual - 2023)

Taxes
Annual £3,462
Annual Per SF £0.10
Operating Expenses
Annual £6,658
Annual Per SF £0.20
Total Expenses
Annual £10,120
Annual Per SF £0.30

Property Facts

Price £2,349,900
Price Per SF £69
Sale Type Owner User
Sale Conditions Tenants option to buy property
Property Type Industrial
Property Subtype
Refrigeration/Cold Storage
  • Industrial Distribution
  • Industrial Food Processing
  • Industrial Manufacturing
Building Class B
Lot Size 2.98 AC
Rentable Building Area 34,000 SF
Number of Floors 1
Year Built 2000
Tenancy Single
Parking Ratio 1.47/1,000 SF
Clear Ceiling Height 30 ft
No. Dock-High Doors/Loading 4
Level Access Doors 1

Amenities

  • Cooler
  • Fenced Lot
  • Freezer (Space)
  • Security System

Utilities

  • Lighting - Metal Halide
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Electric

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 34,000 SF
  • Industrial
  • Full Build-Out
  • Now

Modern cold storage facility at I-81 Exit 22 close to Food City Distribution Center. 740k cubic feet of freezer with racks. Owner will lease or sell as-is, or install/upgrade refrigeration to meet Tenant demands. Note: SF does not include semi-finished and heated area above Offices.

Space Size Space Use Condition Available
1st Floor 34,000 SF Industrial Full Build-Out Now

1st Floor

Size
34,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 34,000 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Modern cold storage facility at I-81 Exit 22 close to Food City Distribution Center. 740k cubic feet of freezer with racks. Owner will lease or sell as-is, or install/upgrade refrigeration to meet Tenant demands. Note: SF does not include semi-finished and heated area above Offices.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
086 3 3F
Land Assessment
£70,497 (2024)
Improvements Assessment
£504,993 (2024)
Total Assessment
£575,490 (2024)
Annual Taxes
£3,462 (£0.10/sf)
Tax Year
2023

zoning

Zoning Code M-1 (Industrial)
M-1 (Industrial)
  • Listing ID: 30295726

  • Date on Market: 06/12/2023

  • Last Updated:

  • Address: 26609 Newbanks Rd, Abingdon, VA 24210

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