501 & 503 Industry Drive
$2,050,000
501 & 503 Industry Drive, Hampton, VA 23661
For Sale
Industrial
Manufacturing
Active
Last Updated: 07/21/2026
14,500 sqft
Building Size
1.707 acres
Lot Area
Details:
Building Size: 14,500 sqft
Lot Area: 1.707 acres
Highlights:
- Fully leased 14,500 SF industrial portfolio on 1.71 acres comprised of two separate buildings and parcels.
- Stable in-place cash flow from two established tenants, including MCA, a national communications contractor that recently extended its lease.
- Current NOI of approximately $149,051 with projected NOI upside to $161,801 through rent growth opportunities.
- Below-market rent at 503 Industry Drive provides a near-term value-add opportunity for investors.
- Attractive 7.27% in-place cap rate with tenants responsible for real estate taxes and insurance reimbursements.
Description:
Investment opportunity to acquire a fully leased two-building industrial portfolio totaling 14,500 SF on 1.71 acres in Hampton, Virginia. The portfolio is occupied by established industrial tenants and provides immediate cash flow with future rental upside through below-market rents. Strategically located within Copeland Industrial Park with convenient access to Newport News Shipbuilding, Hampton, and the greater Hampton Roads market
Industrial campus along Industry Drive within Hampton’s Copeland Industrial Park, minutes from downtown Norfolk and Newport News shipbuilding facilities.
Documents:
| Title | ||
|---|---|---|
| 501_-_503_Industry_Drive_-_Marketing_Package.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
