Midpoint Drive Industrial FOR SALE


Mineral, VA
$6,750,000 USD
804-599-7278
, Mineral, VA for Sale
$6,750,000 USD
Industrial - FOR SALE
1/6
null | 6.5% Cap Rate

Midpoint Drive
Mineral, VA


HIGHLIGHTS

  • Two newly constructed industrial buildings totaling approximately 21,120 SF on 7.5± acres of fenced, graveled yard
  • Fully leased to two regional-credit tenants under NNN structures, ensuring stable cash flow
  • Modern design with 18’–21’ clear heights, clear-span interiors, and multiple 14’ x 12’ drive-in doors
  • Located along the I-64 corridor with direct access to Richmond (36 miles) and Charlottesville (33 miles)
  • Offered at $6,750,000 with a 6.5% capitalization rate, providing strong investment fundamentals
  • Positioned in a growing industrial hub with limited supply of new construction and strong tenant demand

OVERVIEW

121 Midpoint Drive presents a rare opportunity to acquire a newly constructed, fully leased industrial investment in Louisa County, Virginia. This two-building property spans approximately 21,120 SF across 7.5± acres of fenced and graveled heavy-industrial land. Each pre-engineered metal building offers clear-span interiors, 18’–21’ ceiling heights, and multiple 14’ x 12’ drive-in doors, making the site ideal for equipment-intensive and fleet-oriented users. The asset is 100% leased to two strong regional-credit tenants, Henkels & McCoy (a MasTec subsidiary) and NLS Technologies, both serving infrastructure-driven industries such as data center construction, utilities, and event staging. These tenants operate under NNN leases, providing durable cash flow with minimal landlord responsibilities. The property benefits from contractual rent escalations and a favorable 6.5% capitalization rate, offering investors a stable income stream and long-term upside in a supply-constrained industrial market. Strategically located along the I-64 corridor, the site provides direct access to both Greater Richmond and Charlottesville, positioning it as a key industrial and commercial midpoint between these growing markets. Louisa County continues to experience strong economic expansion, driven by population growth, industrial development, and a pro-business environment. This property’s combination of modern construction, strong tenancy, and strategic location makes it a premier investment opportunity in Central Virginia.

ASK ABOUT THIS PROPERTY

Michael MayhewCommonwealth Commercial PartnersMore Info
804-599-7278

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

Michael MayhewCommonwealth Commercial PartnersMore Info
804-599-7278

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