REIT Sale | 93,434 SF Vacant Flex/Industrial Building | 2012 Built

Highlights:

• ±93,434 SF Class-A Industrial/Flex Building: Modern facility with purpose-built flex, industrial, office infrastructure, 2 drive up docks, and 22 ft clear height.
• High-Quality Construction: Structural steel, precast concrete walls, glass elements, and TPO roof for durability and efficiency.
• Showpiece Training Mezzanine: ±12,000 SF mezzanine with floor-to-ceiling glass and terrazzo floors overlooking the work floor.
• Large Campus Site: ±13.76 acres supportive for parking, expansion, or future reconfiguration.
• Business-Park Setting: Located within the Patriot Centre at Beaver Creek with ample on-site parking and modern workplace finishes.
• Excellent Regional Access & Amenities: 0.5 mi to VA-174; 4 mi to US-58; 5 mi to US-220; ±15 mi to Blue Ridge Regional Airport; ±50 mi to Piedmont International; surrounded by national dining/retail and corporate neighbors (Eastman, Monogram Foods, Carter Bank & Trust, etc.).

Description:

Ri Marketplace Online Auction December 8th - 10th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2897/reit-sale-93-434-sf-vacant-flex-industrial-building-2012-built?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=industrial_2897

Marcus & Millichap is pleased to present 980 Beaver Creek Drive, a ±93,434 SF Class-A flex/industrial facility with 22 ft clear heights and two drive up docks located in Martinsville, Virginia (the “Property”). This Property presents a rare opportunity for investors, developers, or owner-users to acquire a high quality construction, 2012 built facility with significant repositioning potential.

Delivered as a build-to-suit for ICF in 2012, the asset features structural steel and precast construction, a TPO roof, expansive glass, and a ±12,000 SF training mezzanine with floor-to-ceiling glass and terrazzo floors. Situated on 13.76 acres with 496 surface parking spaces, the Property will be delivered vacant and ready for immediate occupancy or redevelopment. On-site parking and modern finishes support large corporate users, while the location offers quick connectivity to VA-174 (0.5 mi), US-58 (4 mi), US-220 (5 mi) and regional airports, with abundant nearby dining/retail and established employers in the business park and surrounding trade area. Zoned I-2 Limited Industrial, the site provides favorable and flexible zoning to accommodate a wide range of adaptive reuse strategies.

Martinsville is located in southern Virginia near the North Carolina border and has seen recent redevelopment and new investment come to the area. Manufacturing remains the largest employment sector, with health care and retail trade also playing major roles in the local economy. The Property is located in Patriot Centre, a 1,000 acres business park offering extensive infrastructure including its own fire station, on-site electrical substation, and redundant fiber connectivity. Major tenants operating at the park include Howmet Aerospace, Eastman Chemical Company, Monogram Food Solutions, and Nautica, signaling strong business credibility and regional employment impact across multiple industries.


Lamar P. Fisher
Fisher Auction Company Inc.
License: 2907003627
Co:2908000783
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

Documents: