Close of Escrow: Blacksburg Industrial in Blacksburg, VA

SIG is pleased to announce the recent Close of Escrow on Blacksburg Industrial in Blacksburg, Virginia.

Investment Highlights Include:

  • 92% Occupied Net Leased Industrial Investment Opportunity
  • Located Within the Blacksburg Industrial Park, a Premier Business Location for Companies Engaged in Research and Development and Manufacturing
  • Strong Tenant Mix with Three National Credit Tenants which Includes: Virginia Tech, Eck Supply CO and Federal Mogul on 5+ Year Leases
  • Thirty Minutes From the Roanoke Blacksburg Airport Which Saw Over 600,000 Passages in a 12 Month Period Ending March 2017. Roanoke Blacksburg Airport Also Serves as a FedEx Express Service to Memphis, TN and UPS Airlines Service to Greensboro, NC and Louisville, KY
  • Conveniently Located Off of VA 460 in Blacksburg, the Park is Within Minutes of Virginia Tech and its Corporate Research Center and Also Provides Quick Access to Interstate 81 and 77
  • Recent Property Improvements Include New Bathrooms, New Motorized Exterior Loading Door, New HVAC with Humidity Control and Extending the Ethernet from Virginia Tech’s Main Campus to the Site
  • Federal Mogul’s Regional Manufacturing Plant is Located Right Across the Street Ensuring Their Commitment to the Site
  • Surrounding Tenants Include: Wolverine Advanced Materials, ESS Technologies, Maptech, Mountain Precision Tool and Luna Innovations, Inc.

SIG works with Non-Resident Prospective Buyers

In Cooperation with Russell Lynn Stanfield, VA Broker Lic# 0225222336 of JDS Real Estate Services, Inc. VA Broker Lic# 0226026959 – JDS Real Estate Services, Inc. works with Prospective Virginia Resident Buyers

Closing Price: $6,150,000
Closing CAP:  8.20%

Listing Agents: Kevin Sullivan, Clifton McCrory and Chris Sands

For More Information Contact:

Kevin Sullivan
Lic #96574
843.480.0030
kevin@SIGnnn.com