12170 Jefferson Ave - Freestanding FOR SALE


Newport News, VA 23602
$5,600,000 USD
757-952-6660
12170 Jefferson Ave, Newport News, VA for Sale
$5,600,000 USD
Freestanding - FOR SALE
1/12
null | 7% Cap Rate

12170 Jefferson Ave
Newport News, VA 23602


HIGHLIGHTS

  • 281 feet of frontage on Jefferson Avenue
  • Traffic Count: 53,435 Vehicles Per Day
  • Premium location for retail on Virginia Peninsula

OVERVIEW

Triple Net Corporate Tenant Investment Sale New 10-year lease renewal with expiration out to January 2035 New roof Freestanding 24,860 sq. ft. building on +/- 2.14 acres of land; Zoned C1-Commercial Premium location at ground zero for retail on the Virginia Peninsula 281 feet of frontage on Jefferson Avenue with 53,435 vehicles per day Parking of 176 spaces with a parking ratio of 7.55/1000

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Barnes & Noble Yoder Plaza, Newport News, VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

170

LAND DETAILS

LAND ACRES

2.14 AC

LAND SF

93,218 SF

ZONING

C1

APN/PARCEL ID

151.00-05-04

ASK ABOUT THIS PROPERTY

Michael AllenHarvey Lindsay Commercial Real EstateMore Info
757-952-6660

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Michael AllenHarvey Lindsay Commercial Real EstateMore Info
757-952-6660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.