11820 Merchants Walk Newport News, VA 23606
City Center at Oyster Point offers an exceptional retail investment opportunity in Newport News, Virginia. This Class A property boasts 250,000 square feet of retail space within a vibrant 52-acre mixed-use development. Currently, 32,042 square feet of retail space is available, divisible into units ranging from a minimum of 1,135 square feet to a maximum contiguous space of 5,923 square feet. Twenty individual spaces are available for lease. The property is located at 11820 Merchants Walk, Newport News, VA 23606, offering convenient access and high visibility. The larger development includes one million square feet of Class A office space and 600 residential units, creating a high-density, thriving community with significant foot traffic and consumer base. This presents a unique chance to establish or expand a retail presence in a dynamic and rapidly growing area. The property's location in Newport News city, within a high-density mixed-use development, ensures strong potential for return on investment. The ample lot size and existing infrastructure provide significant flexibility for future development or expansion. This is a rare opportunity to secure prime retail space in a thriving community.
-
Modish Muse Events and Luxury Rentals Event Planning Wedding Service
-
Newport News Sister Cities Charitable Organization Social Service Agency
-
Hayashi Sushi & Grill Restaurant
-
Saladworks Take-out & Catering
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
Similar Nearby for Sale
Similar Nearby for Lease
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.