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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

601 Thimble Shoals Blvd Newport News, VA 23606

18,000 SF Built 2025
Property ID
Property summary
AI-generated overview

This exceptional 18,000 square foot mixed-use development, slated for completion in 2025, presents a unique investment opportunity in Newport News, Virginia. Located at the highly visible corner of Thimble Shoals Boulevard and Jefferson Avenue, this Class A property offers flexible spaces ranging from 1,200 to 18,000 contiguous square feet, ideal for medical offices, creative office spaces, or retail tenants. Currently entirely vacant, this development boasts prime positioning at the entrance to City Center, a thriving area with over 600 residences. Benefit from excellent visibility and accessibility, with over 55,000 vehicles passing daily on Jefferson Avenue. The strong local workforce, encompassing 79,530 individuals within a 5-mile radius and 22,000 within Oyster Point's Business District, ensures a robust potential tenant pool. This redevelopment project offers a chance to establish a presence in a rapidly growing area with significant foot traffic and high visibility. The property is zoned for retail, office, and restaurant uses, providing versatility for a variety of businesses. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2025
Total area 18,000 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
  • Manhattan's NY Deli and Pub Restaurant
  • Cowardin and Kim Law Firm
  • Riddle & Hanna, PLC Law Firm
  • Fulton Bank Bank Loan Service
  • T-Mobile Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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