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    10143-10153 Jefferson Ave Newport News, VA 23605

    For Lease
    $11 SF/Yr

    Newport News retail space available

    Lot size:
    56,720 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Francisco Village, located at 10143-10153 Jefferson Avenue in Newport News, Virginia (zip code 23605), offers exceptional retail opportunities. This established shopping center boasts a total of 56,720 square feet of leasable space, perfect for a variety of businesses. Multiple tenancy options are available, with spaces ranging from a minimum of 1,120 square feet to a maximum contiguous space of 29,000 square feet. This flexibility allows for businesses of all sizes to find a suitable location within the center. The property is conveniently situated in Newport News City County, providing easy access to a substantial customer base. The address is easily accessible for both customers and employees. The center's design and layout are conducive to a thriving retail environment, offering ample parking and high visibility. Interested parties are encouraged to review the available floor plans and specifications to determine the best fit for their business needs. The property is classified as a retail mall, offering a diverse range of potential uses. This prime location in Newport News presents a unique opportunity for businesses seeking to establish or expand their presence in a vibrant and growing market. Contact us today to learn more about the available spaces and to schedule a viewing.

    Property Features for 10143-10153 Jefferson Ave

    General Information

    Property type
    Shopping malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,720 SF
    Total Rate
    51993.33

    Unit(s) available at that property

    Space
    10153B
    Size
    1,200 SF
    Rate per SF
    $11
    Space
    10143D
    Size
    29,000 SF
    Rate per SF
    $11
    Space
    10143E
    Size
    3,226 SF
    Rate per SF
    $11
    Space
    10153H-I
    Size
    2,203 SF
    Rate per SF
    $11
    Space
    10153-K
    Size
    1,120 SF
    Rate per SF
    $11
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport News
    County
    Newport News City
    State
    Virginia
    Longitude
    -76.4576004
    Latitude
    37.0393788

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    FAQs

    What type of property is this?
    Shopping mall - Newport News retail space available
    Where is this shopping mall located?
    The property is located at 10143-10153 Jefferson Ave Newport News, VA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    Request Owner's contact information
    10143-10153 Jefferson Ave Newport News, VA 23605
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    Newport News, VA 23605
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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
    10143-10153 Jefferson Ave Newport News, VA 23605
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