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.