12122 Jefferson Ave Newport News, VA 23602
- Commercial real estate
- 7,503 SF
- 0.71 lot acres
Current Use by Public Records
- TGI Fridays / Restaurant / American Restaurant
- Yoder Farms Shopping Center / Farm
Property Details for 12122 Jefferson Ave
- Year built
- 1999
- Construction
- FRAME
- Lot size
- 0.71 lot acres
- Property size
- 7,503 SF
- Zone code
- C1
- Property type
- Commercial real estate
- APN
- 151000511
- APU
- 151000511
Description
This exceptional 7,140 square foot free-standing restaurant building presents a unique investment opportunity in Newport News, Virginia. Located at 12122 Jefferson Avenue, this single-tenant property boasts 250 feet of frontage on a high-traffic thoroughfare with an average annual daily traffic count exceeding 51,000 vehicles. Situated on a 1.42-acre outparcel within Yoder Plaza, a premier power center, the property benefits from exceptional visibility and proximity to major retailers. The location's strategic placement directly across from a Costco, which attracts over 2 million annual visitors, and adjacent to Virginia's top-performing Target store (drawing 2.2 million annual visitors), ensures consistent high foot traffic and significant brand exposure. The building's substantial size and prime location make it ideal for a variety of restaurant concepts or potential redevelopment. This is a rare opportunity to acquire a well-positioned property in a thriving retail environment with significant growth potential. The property's address is 12122 Jefferson Ave, Newport News, VA 23602. The property is zoned for commercial use.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newport News
- County
- Newport News City
- State
- Virginia
- Longitude
- -76.4945
- Latitude
- 37.1068
- CBSA code
- 47260
- CBSA name
- VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC METROPOLITAN STATISTICAL AREA
