Newport News Retail Space
For Lease
$25 SF/Yr
12090 Jefferson Avenue, Newport News, VA 23606
8,009 SF retail space in a power center.
Space Size8,009 SF
Property Size210,501 SF
Days on Market164
Property Features for 12090 Jefferson Avenue
General Information
Standard status
Active
Size
8,009 SF
Property subtype
Retail
Lease Term
NNN
Building Details
Building Size
210,501 SF
Year Built
2015
Spaces For Lease
at 12090 Jefferson Avenue Contact us- Size
- 8,009 SF
- Type
- Power Center
- Term
- Negotiable
A4 $25/SF/Yr
Listing Agency:
Taylor Long Properties
(804) 539-7793
Listed By:
Ellen Long · License #0225090856
(804) 539-7793
Source:
Taylorlongproperties
Added: Mar 6
Changed: Aug 14
Last Checked: Aug 16 at 4:18AM
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 Taylor Long Properties
Investment Insights
Based on property information with market context.
An 8,009 square foot retail space is available for lease within a 210,501 square foot power center. The property is positioned at the intersection of Jefferson Avenue and Oyster Point Road in Newport News, Virginia, a location characterized by high traffic volume. The center is anchored by Whole Foods Market, Ulta, DSW, Shoe Warehouse, Stein Mart, and P.F. Chang's. The location is one of two power centers in Newport News and features a tenant mix of national credit tenants, many of whom are new to the market. Signage visibility is enhanced by its Jefferson Avenue frontage, with additional monument panel signage available at one of the entrances off Jefferson Avenue. The property is strategically located adjacent to Venture Apartments in Tech Center, which comprises 288 units. Situated at a prime intersection within the trade area, the property benefits from its proximity to Interstate 64, located just 1 mile away. The area benefits from a good daytime population and high traffic generators, including Whole Foods and multiple restaurants such as First Watch, Mellow Mushroom, and PF Chang’s.
Key Highlights
- Located in a 210,501 SF Power Center anchored by Whole Foods Market, Ulta, DSW, Shoe Warehouse, Stein Mart, and P.F. Chang's.
- High visibility location at the intersection of heavily traveled Jefferson Avenue and Oyster Point Road.
- Excellent signage opportunities, including visibility from Jefferson Avenue and monument panel signage.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
637
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 37% above the average of $18.23 /SF/Yr.
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 - 8,009 SF retail space in a power center.
Where is this retail space located?
The property is located at 12090 Jefferson Avenue Newport News, VA.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Located in a 210,501 SF Power Center anchored by Whole Foods Market, Ulta, DSW, Shoe Warehouse, Stein Mart, and P.F. Chang's.; High visibility location at the intersection of heavily traveled Jefferson Avenue and Oyster Point Road.; Excellent signage opportunities, including visibility from Jefferson Avenue and monument panel signage.
