12140 Jefferson Ave Newport News, VA 23602
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.
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Michaels (Bike/Boat/Book/etc) Store
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Michaels Custom Framing (Bike/Boat/Book/etc) Store Home Decor Store
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UPS Access Point location Courier Service Postal Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.