320 Newbern Rd, Dublin, VA 24084

Colliers International | Charlottesville, as exclusive advisor, is pleased to present the sale-leaseback offering for 320 Newbern Road in Dublin, Virginia. This 83,683 SF manufacturing and warehousing facility sits on 4.70± acres with 0.5 acres of valuable outdoor storage. The asset will be delivered with a new 15-year absolute net lease to Commercial Vehicle Group (CVG) commencing upon closing, featuring annual 3.5% escalations, and one five-year renewal option at FMV.

The property offers heavy electrical service, six dock-high doors, one grade-level drive-in door, a wet sprinkler system, and masonry/block/metal construction with 14’–16’ clear heights (TBV). Additional amenities include ample paved auto parking and convenient laydown/storage areas, supporting a range of light-to-medium industrial uses.

Strategically positioned just off Interstate 81, the arterial backbone of Southwest Virginia’s industrial corridor, the property benefits from direct regional connectivity to Blacksburg, the New River Valley, and major OEM and advanced manufacturing clusters located throughout Pulaski County and the broader Roanoke–New River Valley metro. The region continues to attract investment in automotive, electrification, aerospace, and logistics sectors, supported by a highly capable labor force and a cost-competitive operating environment.

As the tenant, CVG brings institutional-grade credit stability, operating 24 global facilities with approximately 7,500 employees and generating an estimated $723 million in 2024 revenue. The company maintains long-standing relationships with Volvo Group, PACCAR, and Navistar, and is expanding its electrification and automation product platforms as part of a global restructuring and modernization strategy. This mission-critical facility supports CVG’s ongoing production needs within an established regional manufacturing ecosystem.

Collectively, these attributes position 320 Newbern Road as a compelling opportunity for investors seeking durable long-term income, a high-quality industrial location, and an absolute-net lease structure backed by a global manufacturing operator.