For Sale
$5,600,000
12170 Jefferson AveNewport News, VA 23602
High-yield NNN retail investment in VA
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 113
Highlights
- $5,600,000 asking price for a stabilized, triple-net leased retail property.
- Class A, 24,860 square foot freestanding building on approximately 2.14 acres with C1-Commercial zoning.
- Prime retail location on the Virginia Peninsula with 281 feet of Jefferson Avenue frontage and 53,435 vehicles passing daily.
- 176 parking spaces (7.55/1000 ratio).
- New roof installed in 2024.
- $389,746 projected Year 1 NOI; 7.00% cap rate.
Property Details for 12170 Jefferson Ave
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 24,860 SF
- Class
- A
- Year Built/Renovated
- 1997/2024
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 93,218 SF
- Units
- 1
Location Insight
- City
- Newport News
- County
- Hampton City
- State
- Virginia
- Latitude
- 37.108998543653
- Longitude
- -76.496643605806
12170 Jefferson Ave, Newport News, Virginia
Nearby Similar for Sale
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Visit Broker Website