Seven Hills Distribution Center | Building 3 — Lease in Richmond, VA

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

Description

Industrial | For Lease: 75,000 - 186,000 SF New 186,000 SF Class A build-to-suit industrial facilityRear‑load design with 36' clear height, modern building systems, flexible demising options, and ample parking and trailer capacity. Ideal for di Key Facts Zoning: M-2C (General Industrial) Dimensions: 310’ D x 600’ 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: Rear 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: 190’-deep truck court with 70’ concrete apron and heavy-duty drive aisle Lighting: 30 foot candles throughout; Motion sensors

Market Context

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

Contact

Explore this market

Similar Industrial Property for Lease in Richmond, VA