Midtown Gateway
137,800 SF of Industrial space available at 2731 E Cary St, Chester, VA 23831. For Lease through Atlas Property Group.
For LeaseStatus
137,800 SFAvailable
$11.71/SFAsking rent
1960Year built
AClass
Property facts
| Property type | Industrial |
|---|---|
| Building class | A |
| Rentable area | 364,100 SF |
| Available | 137,800 SF |
| Stories | 1 |
| Year built | 1960 |
| Renovated | 2019 |
| Typical floor | 364,100 SF |
| Lot size | 22.05 acres |
| Parking ratio | 1.0/1,000 SF |
| Occupancy | 62.2% |
| Zoning | M1-6 |
| Parcel ID | 47-623-9002 |
| Submarket | Chesterfield |
| Market | Richmond |
| Days on market | 410 |
| Walk Score | 98 |
| Transit | Light rail 5 min |
| Listing package | Basic |
Building amenities
Security System, Restaurant, Banking, Roof Terrace, LEED Gold, EV Charging
Spaces available
| Floor | Use | Type | Size (SF) | Asking rent | Term | Status |
|---|---|---|---|---|---|---|
| P 1st | Industrial | Direct | 9,860 – 39,920 | On request | Negotiable | Jan 2027 |
| P 1st | Industrial | Direct | 32,940 | $11.92/SF | Thru Sep 2032 | Sep 2026 |
| P 1st | Office | Direct | 23,780 | $13.13/SF | Negotiable | Vacant |
| P LBBY | Warehouse | Sublet | 9,030 – 18,440 | $12.50/SF | Thru Mar 2030 | Vacant |
| P 1st | Warehouse | Direct | 1,610 – 3,510 | $13.43/SF | Thru Mar 2030 | Sep 2026 |
| P LBBY | Industrial | Direct | 3,070 – 9,160 | On request | Thru Mar 2030 | Oct 2026 |
| P 1st | Warehouse | Direct | 730 – 2,180 | On request | Thru Sep 2032 | Vacant |
| P 1st | Distribution | Direct | 300 – 2,610 | On request | 5 Years | Vacant |
| P 1st | Warehouse | Direct | 320 – 2,620 | $11.43/SF | Negotiable | 30 Days |
| P 1st | Distribution | Direct | 660 | On request | Negotiable | Sep 2026 |
| P 1st | Distribution | Direct | 270 – 570 | $9.85/SF | Negotiable | Sep 2026 |
| P LBBY | Industrial | Direct | 1,410 | $9.79/SF | Thru Oct 2029 | Sep 2026 |
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Garden State Title | Non-Profit | 1 | 28,600 | 2032-06-01 |
| Silverpoint Advisors | Energy | 1 | 24,680 | 2027-07-01 |
| Zephyr Aerospace | Professional Services | 1 | 18,930 | 2032-06-01 |
| Tidewater Shipping | Energy | 1 | 2,590 | 2034-10-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2025-02-11 | $56.62M | $155.52 | 5.64% | Aldergate Capital | Kestrel Investment Group |
| 2024-01-24 | $30.3M | $83.23 | 9.03% | Lone Star Property Trust | Kestrel Investment Group |
Public record
| Owner of record | Quarry Point Partners LLC |
|---|---|
| Assessed value | $24.33M |
| Land value | $9.72M |
| Improvement value | $14.61M |
| Annual tax | $264K |
| Tax year | 2026 |
| Lot size | 960,498 SF |
| Last deed | 2022-03-13 |
| Deed type | Bargain and Sale Deed |
| Legal description | LOT 21 BLK 79 CHESTERFIELD ADDN |
Location
2731 E Cary St
Chester, VA 23831
Chesterfield submarket · Richmond market
37.42924, -77.37991
Open in RealStarListing package
Basic — Standard placement below paid listings.
Free listing on RealStarGlobal.com with core building facts, six photos and direct broker contact.
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