177 Industrial Blvd OFF MARKET
Toano, VA 23168 OFF MARKET

4% Office (980 SF) with five (5) small offices, kitchen and a small 12' x 10' secondary office at Drive-In roll-up entry (16' x 16') with 
Fully Conditioned Warehouse with four (4) 15-ton HVAC units - 60 tons of total cooling; chill to 70 F degrees with 100 F degree outside temp
Two (2) walk-in Freezer/Refrigerators 19' W x 19'8" L x 8' H 
Easy Access 3.3 miles to Interstate I-64
Port of Virginia 42.8 miles | 43 minutes
Foreign Trade Zone

Potential State Incentives:
Cash Grants - COMMONWEALTH’S DEVELOPMENT OPPORTUNITY FUND (COF)
The Commonwealth’s Development Opportunity Fund (COF) is a “deal-closing” fund to be employed at the Governor’s discretion to secure a company location or expansion in Virginia. Administered by the Virginia Economic Development Partnership (VEDP), the COF serves as a final resource for Virginia in the face of serious competition from other states or countries. The COF grant is a negotiated amount determined by the Secretary of Commerce and Trade, based on the recommendation of VEDP, and subject to approval of the Governor.
Tax Credits and Exemptions - COMMERCIAL AND INDUSTRIAL SALES AND USE TAX EXEMPTION
Virginia offers sales and use tax exemptions for eligible equipment used directly in manufacturing and research and development operations. Prior to exemptions, the Commonwealth’s combined state and local sales and use tax is 5.3% (4.3% state tax and 1% local tax). An additional regional sales tax is imposed in the Hampton Roads and Northern Virginia regions at a rate of 0.7%, for a total 6.0% rate.
Tax Credits and Exemptions - MAJOR BUSINESS FACILITY JOB TAX CREDIT
Qualified companies locating or expanding in Virginia are eligible to receive a $1,000 income tax credit for each new full-time job created over a threshold number of jobs beginning in the first taxable year following the taxable year in which the major business facility commenced or expanded its operations.