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Divisible Medical Office Space
For Lease
$5,600/Mo

527 Oyster Point Rd, Newport News, VA 23602

Office and medical space offering full-building occupancy or smaller suites near Tech Center and Costco.

Space Size970 SF
Days on Market35

Property Features for 527 Oyster Point Rd

General Information

Standard status Active
Size 970 SF
Net Rentable 970 SF

Space & Availability

Available Space 970 SF
Divisible Yes
Space Use Medical Office

Lease Terms

Lease Rate $5,600 /USD/MO
Total Rate $5,600
Monthly Rent $5,600
Lease Term 12 months
Month-to-Month No
Flexible Term Yes

Building Details

Year Built 2000
Listing Agency: Frank & Shapiro Real Estate
Listed By: Leonard Frank
Source: Distinctlyrealestate
Added: Jul 27 Changed: Aug 29 Last Checked: Aug 29 at 4:28PM

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 Frank & Shapiro Real Estate

Investment Insights

Based on property information with market context.

Built in 2000, this 5,025-square-foot office and medical property can accommodate an occupant seeking the entire building or a smaller configuration. The space may be divided, with the smallest available area measuring 970 square feet, providing flexibility for different operational requirements.

The property is located on Oyster Point Road near Tech Center and Costco. The offering requires a minimum one-year lease, with longer lease terms preferred.

Key Highlights

  • 5,025‑square‑foot office and medical property
  • Divisible configuration with a smallest available area of 970 square feet
  • Located on Oyster Point Road near Tech Center and Costco

Property Analytics

Current Use

Cardinal Ambulance Services, ... Ambulance Service Peninsula Foot & Ankle ... Medical Clinic

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Auto Repair Shop HVAC Service Auto Parts Store

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

757
Businesses Nearby
Balanced
Demand for This Use

Demographics for 23602, VA

42,004
Population
18,876
Households
2.2
Avg Household Size
37
Median Age
36%
College-Educated
94%
High-School Grad
13.2 sq mi
ZIP Area
3,182
Density / Sq Mi
$72,487
Median Household Income
$46,125
Median Earnings
$1,446
Median Rent
$270,200
Median Home Value

Market

Lease Benchmarks for Newport News, VA

$19.75 /SF/Yr
Avg Asking Price
$18–$23 /SF/Yr
Price Range
3,393 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Paws Clinic 301 Oyster Point Rd, Newport News, VA 23602
  • Vots 301 Oyster Point Rd, Newport News, VA 23602
  • Banfield Pet Hospital 12142 Jefferson Ave, Newport News, VA 23602

Frequently Asked Questions

What type of property is this?
Medical Office Space - Office and medical space offering full-building occupancy or smaller suites near Tech Center and Costco.
Where is this medical office space located?
The property is located at 527 Oyster Point Rd Newport News, VA.
What is the lease rate?
The lease rate is $5,600/Mo.
What are key features of this property?
This property features: 5,025‑square‑foot office and medical property; Divisible configuration with a smallest available area of 970 square feet; Located on Oyster Point Road near Tech Center and Costco
More about this property
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