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Retail Suite Built-Out for Credit Union Use
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12492 Warwick Blvd, Newport News, VA 23606

Retail suite built out for a credit union, positioned front and center from the shopping center’s main ingress.

Property Size1,825 SF
Days on Market896

Property Features for 12492 Warwick Blvd

General Information

Standard status Active
Size 1,825 SF
Property subtype RETAIL
Lease Type SF/mo

Additional Details

Space Use Retail
Road Access Yes
Listing Agency: Campana Waltz Commercial Real Estate, LLC - West
Listed By: Vince A Campana III
Source: Moodyscre
Added: Feb 16, 2024 Changed: Jul 30 Last Checked: Jul 31 at 8:52AM

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 retail suite was built out for a long-standing credit union, with numerous improvements made to the space. The suite is positioned between Ace Hardware and Pivot Physical Therapy, front and center from the shopping center’s main ingress.

The shopping center has also seen improvements to its parking area to provide easier entry for patrons off Warwick Boulevard. The location is across the street from Todd Stadium and less than a mile from the Christopher Newport University campus, supporting a wide range of retail and service-oriented businesses.

The suite contains 1,825 square feet of space and is available for lease at 12492 Warwick Blvd, Newport News, VA 23606.

Key Highlights

  • 1,825 SF retail suite built out for a long‑standing credit union
  • Located between Ace Hardware and Pivot Physical Therapy
  • Front and center from the shopping center’s main ingress

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Auto Parts Store Law Firm Daycare Center

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.47 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby

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

$17.03 /SF/Yr
Avg Asking Price
$12–$25 /SF/Yr
Price Range
3,018 SF
Avg Space Size

This space is priced 3% below the average of $17.03 /SF/Yr.

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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Frequently Asked Questions

What type of property is this?
Retail space - Retail suite built out for a credit union, positioned front and center from the shopping center’s main ingress.
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: 1,825 SF retail suite built out for a long‑standing credit union; Located between Ace Hardware and Pivot Physical Therapy; Front and center from the shopping center’s main ingress
(757) 327-0333 Call to check price and availability
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