12266 Jefferson Ave | Newport News, VA 23602
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- LoopNet Team
12266 Jefferson Ave
Newport News, VA 23602
7.59% Cap and Seller Financing! Credit Retail · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Great Location On Jefferson Avenue as an Outparcel to The Patrick Henry Mall in the Heart of Newport News Retail Corridor, Easy Access.
- 216 Feet of Frontage on Jefferson Avenue with an Average Daily Traffic Count of 49,000+ Cars Per Day.
- Brand New Lease Signed for 100% Occupancy.
- Credit Tenants are NNN Leases With Annual Increases and Multiple Options.
- Easy Access to the I-64 with Major National Retailers Adjacent.
- Vitamin Shoppe and T-Mobile both extend leases for five more years and add options.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,728 SF
Building Class
B
Year Built
2004
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.97 AC
Zoning
C1 - Retail Commercial District
Parking
32 Spaces (3.29 Spaces per 1,000 SF Leased)
Frontage
216’ on Jefferson Ave.
AMENITIES
- 24 Hour Access
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 141.00-01-16 | Improvements Assessment | $3,874,400 |
| Land Assessment | $1,308,000 | Total Assessment | $5,182,400 |
PROPERTY TAXES
Parcel Number
141.00-01-16
Land Assessment
$1,308,000
Improvements Assessment
$3,874,400
Total Assessment
$5,182,400
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