
Newport & Valencia Ave
Valencia Ave, Tustin, CA, 92782, US
11 acres
Jones Lang LaSalle, a Virginia licensed real estate broker (“JLL”), is pleased to offer for sale a prime 62-acre industrial development opportunity (the “Project” or “Catlett Industrial Park”) in Catlett, Virginia. The Project is zoned I-1 (Industrial Park), and is located adjacent to Route 28 (Catlett Road) and is just 9 miles from Prince William Parkway offering access to Route 29, I-66, and I-95 all within a 30 minute drive of the Project. The Project benefits from incredible access to the burgeoning Washington D.C. metro population, which boasts some of the nation’s most sought after demographics including spending power, population growth, educational attainment, and home value. The property is also within 40 minute and 55 minute drives drive of two major airports, Dulles International and Reagan National, respectively offering impressive accessibility for a development opportunity of scale in a growing market.
As data center development continues to rapidly expand throughout Northern Virginia, particularly in Loudoun, Prince William, and Fairfax Counties, traditional industrial users are experiencing significant displacement due to rising land costs and limited availability. Catlett Industrial Park is strategically positioned to capitalize on this industrial migration trend, offering an ideal solution for displaced tenants seeking proximity to the D.C. metro area.
DEARTH OF UPCOMING INDUSTRIAL SUPPLY
Only ~506,000 square feet of industrial under construction in all Northern Virginia
UNPARALLELED INDUSTRIAL DISPLACEMENT
Over seven million square feet (and climbing) of industrial space is scheduled to be displaced by data centers
2.2% MARKET VACANCY IN FAUQUIER COUNTY AND 2.7% IN MANASSAS
Less than 50% of the national average
TREMENDOUS ACCESS
Direct access to Route 28, providing convenient access to Prince William Parkway (Route 234) and less than an hour from Washington, DC