$3,100,000 SALE
Retail
32,000 SF
11969 Jefferson Ave
Newport News, VA 23606



Excellent investment opportunity. Single building with 2 long term national tenants.


Property Type Retail
Property Use Rental or Investment
Year Built 2004
Level Number 1
Average Floor Size 32,000
Available Floors 1
Max Continuous Area 32,000
Min Divisible Area 15,000
Zoning C-1
Tax Year 2020
Listing ID ZD3XVY
Style Other Style
Building Size 32,000 SF
Lot Size 2.37 AC
Taxes $40,744

Property Highlights

7.27% Cap Rate Investment Property Strong National Tenants Excellent location on Jefferson Avenue with 48,000 VPD traffic Count 1031 Exchange

Area Description

Zoning Description: C-1 (Commercial)

Property Features
Docks: 2
Road Type: Main Thoroughfare, City / Town Street
Exterior Description: Concrete Block
Flooring: Linoleum
Age: 11-20 Years Old
Sewer: Public
Cooling: A/C
Heating - Fuel Type: Gas
Roof: Rubber
Heating Type: Forced Air
Water: City Water
Financials
Gross Income: $335,408
Expenses: $109,981
Additional Media Area Demographics

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