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Signalized-Corner Retail Space

398 Denbigh Blvd, Newport News, VA 23608

For Lease
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The site faces a major retail intersection with national retailers, restaurants, and service businesses in the surrounding trade area.

Space Size2,400 SF
Days on Market42

Property Features for 398 Denbigh Blvd

General Information

Standard status Active
Size 2,400 SF
Property subtype Retail

Spaces For Lease

at 398 Denbigh Blvd
Whole Building Active
Size 2,400 SF
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Listing Agency: Colliers - Norfolk, Virginia
Listed By: George Fox · License #VA0225079080
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 8 at 5:42PM

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 Colliers - Norfolk, Virginia

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Investment Insights

Based on property information with market context.

Retail space at 398 Denbigh Blvd is positioned at the signalized intersection of Warwick Boulevard and Denbigh Boulevard in Newport News. The intersection records approximately 67,000 vehicles per day. The surrounding retail area includes the 341,400-square-foot DW Center, with Ollie's, Surge Trampoline Park, Bank of America, Verizon, and Advance Auto Parts, as well as a Chipotle development and multiple nearby restaurant, pharmacy, grocery, and discount retailers.

Within five miles, the area has more than 135,000 residents and 131,000 daytime workers. Newport News/Williamsburg International Airport is described as minutes away, and an I-64 interchange is located at Denbigh Boulevard.

Key Highlights

  • Signalized intersection of Warwick Boulevard and Denbigh Boulevard
  • Approximately 67,000 vehicles pass the intersection daily
  • DW Center, a 341,400 SF retail center, anchors the surrounding area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Cash Loans Loan Service

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

648
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Newport News, VA

$17.91 /SF/Yr
Avg Asking Price
$14–$25 /SF/Yr
Price Range
5,001 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Newport News, VA

$17.19 Jul
$17.59 Aug
$17.36 Sep
$17.91 Oct

Properties on Market for Retail space in Newport News

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The site faces a major retail intersection with national retailers, restaurants, and service businesses in the surrounding trade area.
Where is this retail space located?
The property is located at 398 Denbigh Blvd Newport News, VA.
What are key features of this property?
This property features: Signalized intersection of Warwick Boulevard and Denbigh Boulevard; Approximately 67,000 vehicles pass the intersection daily; DW Center, a 341,400 SF retail center, anchors the surrounding area
(757) 333-4380 Call to check price and availability
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