760 McGuire Pl, Newport News, VA 23601
Versatile office building in central Newport News with income potential.
- Added:
- Sep 5, 2025
- Days on Market:
- 297
- Last Refresh:
- Mar 16 at 1:25 pm
Property Features for 760 McGuire Pl
General Information
- Standard status
- Active
- Size
- 5,230 SF
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing office Re/Max Connect
Listing date Sep 5, 2025
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Connect
HighLights
- Income‑producing property with two existing leases
- Prime central location in Newport News with excellent visibility and accessibility
- Versatile office building suitable for investors or owner‑occupants
- Flexible space adaptable to a wide variety of professional uses
- Opportunity to occupy one unit while generating rental income from others
- Close proximity to major business corridors, shopping, dining, and transportation
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.0k | $17.40 |
| − Vacancy | −$13.7k | −$2.61 |
| EGI | $77.4k | $14.79 |
| − OpEx | −$19.3k | −$3.70 |
| NOI | $58.0k | $11.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newport News
- County
- Newport News
- State
- Virginia
- Longitude
- -76.46039
- Latitude
- 37.0789488
