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Grocery-Anchored Retail Center Space
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439-467 Oriana Rd, Newport News, VA 23608

Renovated shopping center space in a grocery-anchored center with established national and local retailers.

Property Size8,017 SF
Days on Market925

Property Features for 439-467 Oriana Rd

General Information

Standard status Active
Size 8,017 SF
Property subtype RETAIL
Occupancy 80%

Site & Location

Traffic Count 78,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Coastal Equities - Corporate
Listed By: Debbie Mauro
Source: Moodyscre
Added: Jan 17, 2024 Changed: Jul 28 Last Checked: Jul 30 at 1:38PM

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 Coastal Equities - Corporate

Investment Insights

Based on property information with market context.

Newport Crossing is a grocery-anchored shopping center offering renovated retail space, with the center reported as approximately 80% occupied by a stable long-term mix of national and local tenants. The tenant lineup includes Riverside Health System, Food Lion, Dollar Tree, Citi Trends, USA Discounters, and First Virginia Financial Services.

The center is located off a signalized intersection on the Denbigh/Warwick retail corridor, positioned between Jefferson Avenue (Route 143) and Warwick Boulevard (Route 60) at the intersection of Denbigh Road (Route 173). Public remarks indicate numerous access points and heavy nearby intersection activity, with approximately 78,000 cars crossing the intersection daily.

Population counts provided in the remarks show approximately 15,000 residents within a one-mile radius and nearly 80,000 within a three-mile radius of the shopping center, supporting a convenient trade area for retail operations. The property is listed for lease at 439-467 Oriana Rd, Newport News, Virginia 23608.

Key Highlights

  • grocery‑anchored retail center with renovated shopping center space in Newport News, Hampton Roads (VA)
  • approximately 80% occupied with a stable long‑term mix of national and local retail tenants paying low market rents
  • Anchored by Riverside Health System, Food Lion, Dollar Tree, Citi Trends, USA Discounters, and First Virginia Financial Services

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Dental Office Restaurant

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

78,000 VPD
Traffic count
80%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby
Balanced
Demand for This Use

Demographics for 23608, VA

43,943
Population
18,448
Households
2.4
Avg Household Size
35
Median Age
27%
College-Educated
90%
High-School Grad
10.7 sq mi
ZIP Area
4,107
Density / Sq Mi
$67,556
Median Household Income
$40,208
Median Earnings
$1,245
Median Rent
$243,300
Median Home Value

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
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Shopping center - Renovated shopping center space in a grocery-anchored center with established national and local retailers.
Where is this shopping center located?
The property is located at 439-467 Oriana Rd Newport News, VA.
What are key features of this property?
This property features: grocery‑anchored retail center with renovated shopping center space in Newport News, Hampton Roads (VA); approximately 80% occupied with a stable long‑term mix of national and local retail tenants paying low market rents; Anchored by Riverside Health System, Food Lion, Dollar Tree, Citi Trends, USA Discounters, and First Virginia Financial Services
(954) 302-8728 Call to check price and availability
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