Take 5 Oil Change Auto
For Sale
Contact for pricing
Pending
12543 Warwick Boulevard, Newport News, VA 23606
Brand-new automotive service facility offered under a long-term NNN ground lease.
Property Size1,634 SF
Lot Size0.40 Acres
Days on Market144
Property Features for 12543 Warwick Boulevard
General Information
Standard status
Pending
Size
1,634 SF
Lot size
0.40 Acres
Property subtype
Retail
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Washington, D.C.
(202) 536-3700
Listed By:
Bryn Merrey · License #MD 646476
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 1:01PM
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 Marcus & Millichap - Washington, D.C.
Investment Insights
Based on property information with market context.
This automotive service property is planned as a brand-new Take 5 Oil Change facility with 1,634 rentable square feet on an approximately 0.395-acre site. The property is structured around a ground lease rather than a conventional building lease, providing a defined operating format for the automotive-service use.
The lease term is 11 years and includes four additional five-year renewal options. Take 5 Oil Change provides the corporate guarantee, while scheduled rent escalations are set at 10 percent every five years during the base term and renewal periods. The property is located at 12543 Warwick Boulevard in Newport News, Virginia.
The lease term is 11 years and includes four additional five-year renewal options. Take 5 Oil Change provides the corporate guarantee, while scheduled rent escalations are set at 10 percent every five years during the base term and renewal periods. The property is located at 12543 Warwick Boulevard in Newport News, Virginia.
Key Highlights
- 1,634 rentable square feet
- Approximately 0.395‑acre lot
- 11‑year triple‑net (NNN) ground lease
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
480
Businesses Nearby
Balanced
Demand for This Use
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
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Firestone Complete Auto Care — 72 Hidenwood Shopping Center, Newport News, VA 23606
- InjectorsClean.com — 14 Burnham Pl, Newport News, VA 23606
- Outdoor Power Equipment Sales and Service — 12500 Warwick Blvd, Newport News, VA 23606
- Sprinkle & Williams — 12539 Warwick Blvd, Newport News, VA 23606
- Take 5 Oil Change — 12543 Warwick Blvd, Newport News, VA 23606
Frequently Asked Questions
What type of property is this?
Auto shop - Brand-new automotive service facility offered under a long-term NNN ground lease.
Where is this auto shop located?
The property is located at 12543 Warwick Boulevard Newport News, VA.
What are key features of this property?
This property features: 1,634 rentable square feet; Approximately 0.395‑acre lot; 11‑year triple‑net (NNN) ground lease
