2010-2048 Exploration Way - Light Distribution FOR SALE


Hampton, VA 23666- Hampton Roads Center
$4,650,000 USD
757-719-6495
2010-2048 Exploration Way, Hampton, VA for Sale
$4,650,000 USD
Light Distribution - FOR SALE
1/19
null | 7.2% Cap Rate

2010-2048 Exploration Way
Hampton, VA 23666
Hampton Roads Center


HIGHLIGHTS

  • Situated within King Commerce Center, an established Hampton business park.
  • Approximately 18-foot clear ceiling height enhances storage and operational capabilities.
  • On-site amenities include 93 dedicated parking spaces for employees and visitors.
  • Functional loading options and multiple drive-in doors.
  • Full utility service includes gas, water, sewer, and heating for operational reliability.
  • Convenient access to I-64 ensures direct connectivity to regional distribution routes.

OVERVIEW

Located in the King Commerce Center, this light industrial flex property at 2010-2048 Exploration Way provides a rare acquisition opportunity within the Hampton Roads area. 100% Occupied. Built in 2010, the single-story building offers versatile design features suitable for logistics, distribution, and service-oriented businesses. Clear ceiling heights of approximately 18 feet and multiple grade-level drive-in doors, along with one dock-high loading position, support efficient operations for a wide range of users. The site includes ample on-site parking, with approximately 70 spaces available, accommodating both employees and visitor requirements. Modern utility infrastructure, including gas, heating, water, and sewer, ensures operational flexibility for the property. Its location within a well-established business park places it in close proximity to interstate corridors such as I-64, providing excellent transportation connectivity throughout Hampton Roads and beyond. The surrounding area features a mix of commerce hubs and residential communities, just minutes from Hampton’s retail districts and regional amenities. Positioned within a dynamic submarket known for its growing industrial and service base, this property represents an appealing option for owner-users or investors seeking stabilized flex assets in a robust economic environment.

FOR SALE DETAILS

PRICE

$4,650,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

King Commerce Center

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

18 Ft

DOCKS

1

DRIVE INS

16

PARKING SPACES

98

LAND DETAILS

LAND ACRES

3.33

LAND SF

145,055

ZONING

33 HRC-2 H

APN/PARCEL ID

13002305

ASK ABOUT THIS PROPERTY

Matt LefflerHarvey Lindsay Commercial Real EstateMore Info
757-719-6495

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Matt LefflerHarvey Lindsay Commercial Real EstateMore Info
757-719-6495

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.