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Pizza Hut 10744 Jefferson Ave 1,864 SF Retail Building Newport News, VA 23601 $400,000 ($214.59/SF) 8.10% Cap Rate
EXECUTIVE SUMMARY
Great investment property in a commercial corridor. Triple Net Lease with a Cap Rate of 8% yr.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
1,864 SF
Building Class
B
Year Built/Renovated
1969/2022
Price
$400,000
Price Per SF
$214.59
Cap Rate
8.10%
NOI
$32,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.37 AC
Zoning
C-1
Parking
13 Spaces (6.97 Spaces per 1,000 SF Leased)
Frontage
104’ on Jefferson Ave
AMENITIES
- Bus Line
- Pylon Sign
- Restaurant
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- STEAK N GOD, LLC.
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| STEAK N GOD, LLC. | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 248.00-01-16 | Improvements Assessment | $225,000 |
| Land Assessment | $155,400 | Total Assessment | $380,400 |
PROPERTY TAXES
Parcel Number
248.00-01-16
Land Assessment
$155,400
Improvements Assessment
$225,000
Total Assessment
$380,400
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Pizza Hut | 10744 Jefferson Ave
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