439 Oriana Rd Newport News, VA 23608
Newport Crossing offers exceptional medical office space in a thriving Newport News, VA location. This 194,377 square foot, multi-tenant retail center boasts 18,705 square feet of immediately available space, divisible into units ranging from 1,920 to 7,200 contiguous square feet. Situated at 439 Oriana Rd, 23608, the property benefits from a high-traffic location at a major intersection, with over 78,000 cars passing daily. The center is strategically positioned on the Denbigh/Warwick retail corridor, between Jefferson Avenue (Route 143) and Warwick Boulevard (Route 60), providing excellent visibility and accessibility. Strong anchors include Riverside Health System, Food Lion, Dollar Tree, and Citi Trends, ensuring a stable tenant mix and high foot traffic. The area's robust economy, fueled by a significant military presence, the world's largest naval base, and a major port, contributes to a low unemployment rate of 5.4%. With approximately 15,000 residents within a one-mile radius and nearly 80,000 within three miles, Newport Crossing presents a unique opportunity for medical practices seeking a prominent location in a densely populated and economically strong market. The center's location near major transportation routes and a CSX rail line further enhances its logistical advantages. This is a rare chance to acquire renovated space in a well-established, grocery-anchored retail center.
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Teresa Mcconaughy Pediatrician Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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