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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

439 Oriana Rd Newport News, VA 23608

194,377 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 194,377 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
  • Hades Seafood Restaurant
  • USAA - ATM Atm
  • InnovAge Virginia PACE - Peninsula Geriatric Care Provider Nursing Home
  • PACE Newport News Nursing Home
  • Teresa Mcconaughy Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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