For Sale
$1,600,000
700 J Clyde Morris Blvd Newport News, VA 23601
High-Yield Retail Investment, VA
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- Fee-simple, 11,440 SF Aaron's Furniture storefront in Newport News, VA.
- Absolute NNN corporate lease with zero landlord responsibilities; 2.9 years remaining plus four 5-year options with 10% rent increases.
- 2022 tenant-funded renovation featuring modern Aaron's branding.
- Strong demographics: 176,000+ residents and 74,000+ households within a 5-mile radius.
Property Details for 700 J Clyde Morris Blvd
- Property type
- Retail properties, Retail space
- Square Feet
- 11,440 SF
- Year Built/Renovated
- 1969/2022
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 23,522 SF
Location Insight
- City
- Newport News
- County
- Hampton City
- State
- Virginia
- Latitude
- 37.07684087
- Longitude
- -76.46704097
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Retail Investment, VA
- Where is the retail property located?
- The property is located at 700 J Clyde Morris Blvd Newport News, VA.
- What is the asking price?
- The asking price for this property is $1,600,000.
- What are key features of this property?
- This property features: Fee-simple, 11,440 SF Aaron's Furniture storefront in Newport News, VA.; Absolute NNN corporate lease with zero landlord responsibilities; 2.9 years remaining plus four 5-year options with 10% rent increases.; 2022 tenant-funded renovation featuring modern Aaron's branding.
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