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    12140 Jefferson Ave Newport News, VA 23602
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    Property profile & analytics

    12140 Jefferson Ave, Newport News, VA 23602

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    • Lifestyle centers
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Michaels / (Bike/Boat/Book/etc) Store
    • Michaels Custom Framing / (Bike/Boat/Book/etc) Store / Home Decor Store
    • UPS Access Point location / Courier Service / Postal Service

    Property Details for 12140 Jefferson Ave

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    Yoder Plaza offers a prime 1,920 square foot retail space in the thriving Jefferson submarket of Newport News, Virginia. Located at 12140 Jefferson Avenue, zip code 23602, this Class A property is part of a power center boasting exceptional visibility and accessibility. The space is situated within a strong retail corridor, anchored by major national tenants including Target, OfficeMax, Michaels, Burlington, and Men's Wearhouse, ensuring high foot traffic and brand synergy. This single-story building offers a minimum divisible space of 1,920 square feet, with a maximum contiguous space of 1,920 square feet, ideal for a variety of retail uses. The property benefits from its strategic location, providing easy access to Interstate 64, a key transportation artery. Daily traffic counts exceed 55,000 vehicles, guaranteeing significant exposure to potential customers. The lease rate is $3.45 per square foot, NNN. This presents a unique opportunity for businesses seeking a high-visibility location in a densely populated and affluent area of Newport News. The property's strong tenant mix and high traffic volume make it an exceptional investment opportunity. Contact us today to learn more about this exceptional retail space.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Newport News
    County
    Newport News City
    State
    Virginia
    Longitude
    -76.4953
    Latitude
    37.1096
    More about this property
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