11127 Jefferson Ave | Newport News, VA 23601
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- LoopNet Team
11127 Jefferson Ave
Newport News, VA 23601
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- CVS HEALTH CORP: INVESTMENT GRADE CREDIT TENANT (S&P: BBB+) • LARGEST PHARMACY IN THE U.S. • REVENUES OF $357.8 BILLION •
- WITHIN 1 MILE OF MAJOR MEDICAL CENTERS • JUST 2 MILES FROM CHRISTOPHER NEWPORT UNIVERSITY • PROXIMITY TO LANGLEY AFB & NASA’S LANGLEY RESEARCH CENTER
- NEWPORT NEWS: A SUBURB OF NORFOLK, 2ND-MOST POPULOUS CITY IN VIRGINIA • SITE OF NAVAL STATION NORFOLK, WORLD’S LARGEST NAVAL INSTALLATION
- 10 YEARS REMAINING ON LEASE TERM • LONG-TERM PASSIVE INCOME STREAM • ABSOLUTE NNN LEASE
- HARD CORNER SIGNALIZED INTERSECTION OF JEFFERSON AVE & HARPERSVILLE RD (COMBINED 67,600+ CPD) • ACROSS FROM WALMART NEIGHBORHOOD MARKET
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,225 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.33 AC
Zoning
C-2 - designated for commercial use in many jurisdictions. It allows for a wide range of retail, office, and service-based businesses.
Parking
64 Spaces (4.84 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 240.00-04-10 | Improvements Assessment | $3,068,100 |
| Land Assessment | $2,233,800 | Total Assessment | $5,301,900 |
PROPERTY TAXES
Parcel Number
240.00-04-10
Land Assessment
$2,233,800
Improvements Assessment
$3,068,100
Total Assessment
$5,301,900
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