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600 Thimble Shoals Blvd
Newport News, VA 23606
Office Property For Sale
EXECUTIVE SUMMARY
45,344± SF office building on a prominent corner in Oyster Point, 41,499± rentable square feet
4.14± AC zoned C-4
Long-term anchor tenant Wells Fargo
Two elevators
Built in 1986, masonry and glass exterior
167 Parking spaces plus a large drive-thru lot
Fully leased with a diverse tenant mix
2026 Budget NOI - $331,270
WALT as of 1/26 - 4.17
Sale Price: $8,475,000
4.14± AC zoned C-4
Long-term anchor tenant Wells Fargo
Two elevators
Built in 1986, masonry and glass exterior
167 Parking spaces plus a large drive-thru lot
Fully leased with a diverse tenant mix
2026 Budget NOI - $331,270
WALT as of 1/26 - 4.17
Sale Price: $8,475,000
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
45,345 SF
Building Class
A
Year Built
1986
Price
$8,475,000
Price Per SF
$186.90
Cap Rate
3.91%
NOI
$331,373
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
15,115 SF
Slab To Slab
12’
Building FAR
0.26
Lot Size
3.97 AC
Opportunity Zone
Yes
Zoning
C4 - Comprehensive Plan for Regional Commerce
Parking
125 Spaces (2.76 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Bus Line
- Controlled Access
- Signage
PROPERTY TAXES
| Parcel Number | 195.00-01-27 | Improvements Assessment | $3,777,500 |
| Land Assessment | $3,114,400 | Total Assessment | $6,891,900 |
PROPERTY TAXES
Parcel Number
195.00-01-27
Land Assessment
$3,114,400
Improvements Assessment
$3,777,500
Total Assessment
$6,891,900
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