Retail Suite Near CNU
For Lease
Contact for pricing
12492 Warwick Blvd, Newport News, VA 23606
Retail suite near Christopher Newport University and Todd Stadium.
Space Size1,825 SF
Days on Market937
Property Features for 12492 Warwick Blvd
General Information
Standard status
Active
Size
1,825 SF
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 12492 Warwick Blvd Contact us- Floor
- 1
- Size
- 1,825 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
12492 Warwick Blvd $2,500/Mo
- This offering consists of a stunning retail suite that was built out for a long...
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Listing Agency:
Campana Waltz Commercial Real Estate, LLC - West
(757) 209-2990
Listed By:
Vince A Campana III · License #0225213857
(757) 327-0333
Source:
Moodyscre
Added: Feb 16, 2024
Changed: Sep 3
Last Checked: Sep 9 at 11:24AM
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 Campana Waltz Commercial Real Estate, LLC - West
Investment Insights
Based on property information with market context.
This offering features a retail suite, previously built out for a credit union. The suite is positioned between ACE Hardware and Pivot Physical Therapy, prominently located at the main entrance of the shopping center. Improvements have been made to the space and the shopping center's parking area to facilitate ease of access from Warwick Boulevard. Situated across the street from Todd Stadium and less than a mile from the Christopher Newport University campus, the location is suitable for various retail and service-oriented businesses.
Key Highlights
- Prime retail location between ACE Hardware and Pivot Physical Therapy.
- Front and center visibility from the shopping center's main entrance.
- Numerous improvements to the suite and shopping center parking area.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.47 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
473
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Newport News, VA
$18.09 /SF/Yr
Avg Asking Price
$14–$25 /SF/Yr
Price Range
18,356 SF
Avg Space Size
This space is priced 9% below the average of $18.09 /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 suite near Christopher Newport University and Todd Stadium.
Where is this retail space located?
The property is located at 12492 Warwick Blvd Newport News, VA.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Prime retail location between ACE Hardware and Pivot Physical Therapy.; Front and center visibility from the shopping center's main entrance.; Numerous improvements to the suite and shopping center parking area.
