Tech Center Mixed-Use
For Lease
Contact for pricing
12080 Jefferson Ave, Newport News, VA 23606
Retail, residential, commercial space near Jefferson National Accelerator Facility.
Space Size1,142 SF - 2,150 SF
Property Size230,000 SF
Lot Size100.00 Acres
Days on Market2157
Property Features for 12080 Jefferson Ave
General Information
Standard status
Active
Size
1,142 SF - 2,150 SF
Lot size
100.00 Acres
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
230,000 SF
Tenancy
Multiple
Spaces For Lease
at 12080 Jefferson Ave Contact us- Size
- 1,300 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Unit 17
- Size
- 1,142 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Unit 25
- Size
- 1,446 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Unit 31
- Size
- 1,448 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Unit 32
- Size
- 2,150 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Unit 33
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Listing Agency:
Divaris Real Estate Inc
Listed By:
Kris Fuller · License #VA
Source:
Crexi
Added: Sep 16, 2020
Changed: Aug 8
Last Checked: Jul 26 at 7:54AM
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 Divaris Real Estate Inc
Investment Insights
Based on property information with market context.
Tech Center is a $250 million development featuring retail, residential, and commercial spaces, along with a technology and research center. It is situated on 100 acres of land adjacent to the Thomas Jefferson National Accelerator Facility. A partnership with the City of Newport News, Virginia Tech, and Jefferson Labs is planning an additional 600,000-square-foot expansion to the existing corporate research center next to the site. Marketplace at Tech Center aims to create a desirable lifestyle community with options for dining, errands, workouts, and social gatherings. The location is at 12080 Jefferson Avenue, at the busiest intersection in Newport News, Virginia, with an Average Annual Daily Traffic (AADT) count of 100,000. The location is accessible to a large population, with over 1.8 million people residing within a 60-minute drive.
Key Highlights
- Part of a $250 million mixed‑use development.
- Located at the busiest intersection in Newport News, VA (100,000 AADT).
- Adjacent to Thomas Jefferson National Accelerator Facility.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.35 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
Business Placement
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
$18.23 /SF/Yr
Avg Asking Price
$14.57–$25 /SF/Yr
Price Range
14,450 SF
Avg Space Size
This space is priced 59% above the average of $18.23 /SF/Yr.
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail, residential, commercial space near Jefferson National Accelerator Facility.
Where is this retail space located?
The property is located at 12080 Jefferson Ave Newport News, VA.
What is the lease rate?
The lease rate is $29 SF/Yr.
What are key features of this property?
This property features: Part of a $250 million mixed‑use development.; Located at the busiest intersection in Newport News, VA (100,000 AADT).; Adjacent to Thomas Jefferson National Accelerator Facility.
