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Retail Space in High-Traffic Area
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3101-3099 Jefferson Ave, Newport News, VA

Retail space available in a busy shopping center.

Space SizeContact for details
Property Size3,000 SF
Lot Size2.04 Acres
Days on Market1275

Property Features for 3101-3099 Jefferson Ave

General Information

Standard status Active
Size 3,000 SF
Lot size 2.04 Acres
Property subtype RETAIL
Listing Agency: Cushman & Wakefield | Thalhimer - Virginia Beach
Listed By: Wick Smith
Source: Moodyscre
Added: Feb 7, 2023 Changed: Jul 10 Last Checked: Jul 21 at 4:32AM

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 Cushman & Wakefield | Thalhimer - Virginia Beach

Investment Insights

Based on property information with market context.

This retail space is located within a shopping center anchored by a 28,000-square-foot Piggly Wiggly grocery store. The shopping center is the only one within approximately three miles. A Newport News police precinct is located on site, along with a 100,000-square-foot, four-story office building with over 500 employees. Bay Port Credit Union is inside the grocery store, which also features a deli counter, bakery, fresh produce, fresh cut meats, and dairy sections. Outparcels are available for ground lease or build-to-suit options. The location offers quick and easy access to downtown and I-664. It is situated near Newport News Shipyard, downtown, Newport News City Hall, and the courthouse, with approximately 30,000 daytime employees in the vicinity. The available retail space is 3,000 square feet.

Key Highlights

  • The only neighborhood shopping center within ±3 miles.
  • Anchored by a Piggly Wiggly grocery store (28,000 sf) with deli, bakery, fresh produce, fresh cut meats, and dairy sections.
  • Newport News Police precinct on site.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Parts Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

605
Businesses Nearby
Under-served
Demand for This Use

Market

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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Similar Off Market Nearby

  • Southeast Shopping Center Jefferson Ave, Newport News, VA 23607
  • East End Shopping Center Newport News, VA 23607

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space available in a busy shopping center.
Where is this shopping center located?
The property is located at 3101-3099 Jefferson Ave Newport News, VA.
What are key features of this property?
This property features: The only neighborhood shopping center within ±3 miles.; Anchored by a Piggly Wiggly grocery store (28,000 sf) with deli, bakery, fresh produce, fresh cut meats, and dairy sections.; Newport News Police precinct on site.
(919) 423-4428 Call to check price and availability
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