12842 Jefferson Ave - Freestanding FOR SALE


Newport News, VA 23608
$750,000 USD
516-532-2825
12842 Jefferson Ave, Newport News, VA for Sale
$750,000 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

12842 Jefferson Ave
Newport News, VA 23608


HIGHLIGHTS

  • Redevelopment opportunity to add drive-thru
  • Lots of parking

OVERVIEW

Property Overview: Philly Shack presents an exceptional owner-user retail opportunity to acquire both the business and the real estate. Located at the bustling intersection of Jefferson Ave and Buchanan Drive, this well-established eatery enjoys high visibility and a steady flow of traffic, ensuring a constant stream of potential customers. Business Highlights: Type: Fast Casual Restaurant Specialty: Authentic Philadelphia-style cheesesteaks, sandwiches, and other fast-casual fare. Customer Base: Established local customer base with strong community support and repeat business. Reputation: Known for high-quality ingredients, excellent service, and a welcoming atmosphere.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$262 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bldg B

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

CROSS STREETS

Buchanan Drive (nearest)

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

Commercial

APN/PARCEL ID

080.00-05-12

ASK ABOUT THIS PROPERTY

Ricky KumarSky Blu Holding LLCMore Info
516-532-2825

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Ricky KumarSky Blu Holding LLCMore Info
516-532-2825

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