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Shopping Center Retail Space
For Lease
$18 SF/Yr

11745 Jefferson Ave, Newport News, VA 23606

Retail or office space beside Viking Burger in a Newport News shopping center.

Space Size4,000 SF
Days on Market25

Property Features for 11745 Jefferson Ave

General Information

Standard status Active
Size 4,000 SF
Net Rentable 4,000 SF

Space & Availability

Available Space 4,000 SF
Contiguous Space 4,000 SF
Space Use Office

Additional Details

Anchor Co-Tenants I-Hop, Viking Burger

Building Details

Year Built 1992
Tenancy Multi
Listing Agency: EXIT Realty Central
Listed By: Timothy Churchwell
Source: Horakrealtygroup
Added: Aug 8 Changed: Aug 30 Last Checked: Aug 31 at 7:10PM

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 EXIT Realty Central

Investment Insights

Based on property information with market context.

This retail space is located within a shopping center and is identified for either retail or office use. The suite is positioned adjacent to Viking Burger, providing an established commercial setting with neighboring food-service tenants.

The property is at 11745 Jefferson Ave in Newport News, Virginia, with I-Hop and Viking Burger in the surrounding center. The building was constructed in 1992.

Key Highlights

  • Retail or office use supported by the property information
  • Located in a shopping center with I‑Hop and Viking Burger
  • Adjacent to Viking Burger

Property Analytics

Current Use

Queen Cuts Barber Shop Tikeama Buckingham Physician Sushi Yoma Restaurant Sweet Tooth tobacco ... (Bike/Boat/Book/etc) Store David Langille Physician

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Bakery Parking Lot & Garage Storage Facility Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,348
Businesses Nearby

Demographics for 23606, VA

31,684
Population
13,186
Households
2.4
Avg Household Size
33
Median Age
38%
College-Educated
94%
High-School Grad
9.7 sq mi
ZIP Area
3,266
Density / Sq Mi
$69,921
Median Household Income
$38,647
Median Earnings
$1,327
Median Rent
$296,900
Median Home Value

Market

Lease Benchmarks for Newport News, VA

$17.59 /SF/Yr
Avg Asking Price
$14–$25 /SF/Yr
Price Range
15,933 SF
Avg Space Size

This space is priced 2% above the average of $17.59 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail or office space beside Viking Burger in a Newport News shopping center.
Where is this retail space located?
The property is located at 11745 Jefferson Ave Newport News, VA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Retail or office use supported by the property information; Located in a shopping center with I‑Hop and Viking Burger; Adjacent to Viking Burger
More about this property
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