Retail Property For
For Sale
Contact for pricing
11203 Jefferson Ave, Newport News, VA 23601
For sale retail property totaling 7,677 square feet, listed with a 6.00% cap rate.
Property Size7,677 SF
Price / SF$429.86
Days on Market182
Property Features for 11203 Jefferson Ave
General Information
Standard status
Active
Size
7,677 SF
Total Parking Spaces
110
Property subtype
Retail
Zoning
General Commercial (C-2)
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$198,000
Additional Details
Cap Rate
6%
Building Details
Year Built
1973
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners New York
Listed By:
Britt Raymond · License #NY 10491212709
(704) 517-4712
Source:
Crexi
Added: Mar 10
Changed: Sep 2
Last Checked: Sep 7 at 12:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners New York
Investment Insights
Based on property information with market context.
This for-sale retail property totals 7,677 square feet and is presented with a stated 6.00% cap rate. The offering is specifically marketed as retail space.
The property is located at 11203 Jefferson Ave in Newport News, VA 23601. Interested parties can review the existing details and suitability for their retail needs as part of their due diligence.
The property is located at 11203 Jefferson Ave in Newport News, VA 23601. Interested parties can review the existing details and suitability for their retail needs as part of their due diligence.
Key Highlights
- Retail property totaling 7,677 SqFt
- Listed with a 6.00% cap rate
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
96k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Groceries 41%
Dining 6%
Walmart Neighborhood Market
Groceries
39,134 visits/mo
0.1 miles
Wawa
Shops & Services
37,031 visits/mo
0.1 miles
Exxon
Shops & Services
6,687 visits/mo
0.1 miles
Hardee's
Dining
6,025 visits/mo
0.4 miles
AutoZone
Shops & Services
3,610 visits/mo
0.3 miles
Demographics for 23601, VA
25,729
Population
12,593
Households
2
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
3,477
Density / Sq Mi
$71,345
Median Household Income
$48,310
Median Earnings
$1,231
Median Rent
$235,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - For sale retail property totaling 7,677 square feet, listed with a 6.00% cap rate.
Where is this retail space located?
The property is located at 11203 Jefferson Ave Newport News, VA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Retail property totaling 7,677 SqFt; Listed with a 6.00% cap rate
