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Property profile & analytics
OFF-MARKET
Power centers

12090 Jefferson Ave Newport News, VA 23606

210,501 SF Built 2015
Property ID
Property summary
AI-generated overview

This exceptional 8,009 square foot retail space is available for lease within The Marketplace at Tech Center, a thriving power center located in the desirable Oyster Point submarket of Newport News, Virginia. Built in 2015, this property boasts a total of 210,501 square feet and benefits from a prime location at the intersection of high-traffic Jefferson Avenue and Oyster Point Road. The center enjoys strong anchor tenants, including Whole Foods Market, creating a vibrant and attractive shopping destination. Other notable tenants include Ulta, DSW, Shoe Warehouse, Stein Mart, and P.F. Chang's, ensuring high foot traffic and a diverse customer base. This space presents a unique opportunity for businesses seeking a prominent location within a well-established and successful retail center. The property is situated in Newport News City, in the Oyster Point submarket, offering excellent visibility and accessibility. The address is 12090 Jefferson Avenue, Newport News, VA 23606. This is a multi-tenant property, providing a collaborative and dynamic retail environment. The available space offers significant potential for a variety of retail uses. Contact us today to learn more about this outstanding opportunity.

Property profile
Verified
Property type Power centers
Year built 2015
Total area 210,501 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Whole Foods Market Grocery & Convenience Store Food Market
  • The Good Feet Store Orthotics & Prosthetics Service
  • Genji Sushi Restaurant
  • Marketplace at Tech Center Shopping Center & Mall
  • Willy's Cigars (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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