Search
 

Gretna Industrial Park Building Up for Sale or Lease

GRETNA, VA-Philadelphia-based Binswanger/CBB becomes the exclusive agent for the sale or lease of a 135,000-sf multi-use property in the Gretna Industrial Park. Binswanger is offering the building at a selling price of $1.875 million.

By Barbra Murray | Updated on January 28, 2002

GRETNA, VA-A 135,00sf multi-use building has been put on the market for sale or lease through the Charlotte, NC office of Philadelphia-based Binswanger/CBB. Binswanger, which was appointed the property’s exclusive agent by PMI Realty, is offering the space at a purchase price of $1.875 million, or a lease cost of $2.75 per-sf.

The structure is a one-story building and offers 10,500 sf of office space, as well as seven dock doors and two drive-in doors. “That is an excellent building,” Binswanger’s Doug Faris tells GlobeSt.com. “It’s fully air-conditioned and sits overlooking the bypass.” The location, just adjacent to Highway 29, provides direct access to the Lynchburg Commercial Airport. “[The building] lends itself to the occupancy of one or two tenants,” he says, adding that the design of the structure is suitable for a wide variety of businesses. At the moment, however, Faris confides it is more likely that leasers, as opposed to buyers, will take the space. Without naming names, he says, “we have a couple of fairly interesting lease prospects right now.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.