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    580 City Center Blvd Newport News, VA 23606

    Sponsored
    For Lease
    $23 SF/Yr

    Newport News retail & office space for lease

    Lot size:
    56,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity in the vibrant Port Warwick area of Newport News, Virginia, offers multiple spaces ideal for a variety of businesses. Located at 580 City Center Boulevard, zip code 23606, this property boasts a total of 56,900 square feet of retail and office space. Three spaces are currently available, ranging from a minimum of 1,132 square feet to a maximum contiguous space of 4,196 square feet. Larger spaces can be created by combining available units. The flexible layout allows for customization to suit individual business needs. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a thriving commercial environment. The property's address is easily accessible from major roadways, ensuring convenient access for customers and employees. The building is situated in a dynamic area known for its blend of retail, dining, and residential spaces, creating a bustling atmosphere and a strong customer base. This is a unique chance to establish or expand your business in a highly desirable location within the Newport News market. Contact us today to learn more about leasing options and availability.

    Property Features for 580 City Center Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,900 SF
    Total Rate
    109058.33

    Unit(s) available at that property

    Space
    3
    Size
    2,284 SF
    Rate per SF
    $23
    Space
    2B
    Size
    3,730 SF
    Rate per SF
    $23
    Space
    2C
    Size
    2,445 SF
    Rate per SF
    $23

    HighLights

    • 56,900 SF of retail and office space available in Newport News, VA.
    • Three spaces available, ranging from 1,132 SF to 4,196 SF contiguous; larger spaces possible by combination.
    • Located at 580 City Center Boulevard, Newport News, VA 23606, with excellent visibility and accessibility from major roadways.
    • Prime location in the vibrant Port Warwick area, surrounded by retail, dining, and residential uses.
    • Flexible layouts adaptable to various business needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport News
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.4863391
    Latitude
    37.0865408

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    FAQs

    What type of property is this?
    Retail property - Newport News retail & office space for lease
    Where is this retail property located?
    The property is located at 580 City Center Blvd Newport News, VA.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 56,900 SF of retail and office space available in Newport News, VA.; Three spaces available, ranging from 1,132 SF to 4,196 SF contiguous; larger spaces possible by combination.; Located at 580 City Center Boulevard, Newport News, VA 23606, with excellent visibility and accessibility from major roadways.
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    580 City Center Blvd Newport News, VA 23606
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    Newport News, VA 23606
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    580 City Center Blvd Newport News, VA 23606
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