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Anchored Shopping Center
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605 Newmarket Drive, Newport News, VA 23605

Retail center with Roses and Dollar Tree anchors adjacent to Walmart.

Space Size750 SF - 2,800 SF
Property Size120,627 SF
Days on Market82

Property Features for 605 Newmarket Drive

General Information

Standard status Active
Size 750 SF - 2,800 SF
Property subtype Retail

Additional Details

Space Use Retail
Road Access Yes

Building Details

Building Size 120,627 SF
Tenancy Multiple

Spaces For Lease

at 605 Newmarket Drive Contact us

#14

Size
750 SF
Type
Retail
Availability
Active
Contact us

#21

Size
1,000 SF
Type
Retail
Availability
Active
Contact us

#22

Size
750 SF
Type
Retail
Availability
Active
Contact us

#29

Size
2,800 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Robert Brown @Assoc
Listed By: Robert R Brown, Jr · License #VA
Source: Crexi
Added: Jun 15 Changed: Aug 30 Last Checked: Sep 1 at 6:17PM

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 Robert Brown @Assoc

Investment Insights

Based on property information with market context.

The Plaza at Newmarket is a shopping center positioned at 605 Newmarket Drive in Newport News. Roses and Dollar Tree provide established retail anchors within the center, while Walmart is directly adjacent to the property.

The center sits where Mercury Boulevard meets Jefferson Avenue and serves the Newmarket area’s residential and business communities. Newport News Shipbuilding, a Huntington Ingalls division, is nearby and employs more than 21,000 people. The company is also identified as Virginia’s largest employer, providing a substantial employment presence in the surrounding area.

Key Highlights

  • Roses and Dollar Tree anchor the shopping center
  • Walmart is adjacent to the property
  • Located at Mercury Boulevard and Jefferson Avenue

Property Analytics

Current Use

Tanpopo Ramen Restaurant Skrimp Shack Restaurant Mandarin Gourmet Restaurant Subway Take-out & Catering Afriroots Hair Salon Hair Salon

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Building Supply HVAC Service Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

598
Businesses Nearby
48k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 66% Shops & Services 34%
Chick-fil-A Dining
31,584 visits/mo 0.3 miles
7-Eleven Shops & Services
10,395 visits/mo 0.5 miles
AutoZone Shops & Services
4,213 visits/mo 0.5 miles
Valvoline Instant Oil Change Shops & Services
1,952 visits/mo 0.3 miles

Demographics for 23605, VA

14,053
Population
6,944
Households
2
Avg Household Size
37
Median Age
18%
College-Educated
91%
High-School Grad
3.7 sq mi
ZIP Area
3,798
Density / Sq Mi
$52,899
Median Household Income
$36,286
Median Earnings
$1,187
Median Rent
$178,400
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Food Lion, 123 Newmarket Square, Newport News, VA 23605
  • Big Murph Tattoo Supplies 6133 Jefferson Ave, Newport News, VA 23605
  • The Plaza at Newmarket Newmarket Dr N, Newport News, VA 23605
  • Hilton Shopping Center Warwick Blvd, Newport News, VA 23601

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with Roses and Dollar Tree anchors adjacent to Walmart.
Where is this shopping center located?
The property is located at 605 Newmarket Drive Newport News, VA.
What are key features of this property?
This property features: Roses and Dollar Tree anchor the shopping center; Walmart is adjacent to the property; Located at Mercury Boulevard and Jefferson Avenue
More about this property
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