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600 Thimble Shoals Blvd 45,345 SF 100% Leased Office Building Newport News, VA 23606 $8,475,000 ($186.90/SF) 3.91% Cap Rate

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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

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

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Center for Autism and Related Disorders
  • Health Care and Social Assistance
  • -
  • -
  • Full Service
  • -
  • Professional, Scientific, and Technical Services
  • -
  • -
  • Full Service
  • Apr 2025

KB Murov Law Firm takes pride in representing individuals only. They fight insurance companies and corporations to level the playing field for the people. You deserve aggressive legal representation; you deserve results. They have been successfully handling personal injury cases for decades and take great pride in helping injured victims and their families recover full compensation for their injuries. Their highly skilled and fierce advocates understand what is at stake and the approach required to achieve a favorable outcome. To ensure you receive full compensation, they strive to fully appreciate and establish the impact the injuries have had on your life—physically, emotionally and financially.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • Full Service
  • -

Moore Candella & Associates is a full service CPA firm delivering expertise in a small firm environment. The three words beneath their name explain precisely why they’re better: Expertise. Agility. Attention. They chose those words with care because they find joy in helping others succeed and reach their goals and, as professionals, they are energized by the opportunity to use their experience to identify the needs of their clients, provide creative solutions and offer superior customer service. Building personal relationships is tantamount to what they do. Yes, their work is their profession, but maintaining well-informed, updated, overjoyed clients is their mission.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

At Promise Law, they know that planning for the future can feel overwhelming—whether you’re thinking about your own estate plan or managing the affairs of a loved one. That’s why they lead with education, kindness, and a step-by-step approach that puts you at ease. They don’t just offer legal services—they offer a partnership – one where you feel informed, empowered, and supported every step of the way.

  • Virginia Enterprises, Inc.
  • Construction
  • -
  • -
  • -
  • -

Commercial real estate and property management company in Newport News, Virginia.

  • Finance and Insurance
  • -
  • -
  • -
  • -

Wells Fargo is a leading global financial services company headquartered in San Francisco with hub offices in major cities across the United States. They are proud to serve many households and many of small businesses in the U.S. They provide a diversified set of banking, investment, and mortgage products and services, as well as consumer and commercial finance, through their reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo has office locations across the world to help their business customers succeed on an international scale. Outside of the U.S., they focus on providing banking services for large corporate, government and financial institution clients. They have worldwide expertise and services to help their customers improve earnings, manage risk, and develop opportunities in the global marketplace.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Center for Autism and Related Disorders Health Care and Social Assistance - - Full Service -
Professional, Scientific, and Technical Services - - Full Service Apr 2025
Professional, Scientific, and Technical Services - - Full Service -
Professional, Scientific, and Technical Services - - - -
Virginia Enterprises, Inc. Construction - - - -
Finance and Insurance - - - -
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
195.00-01-27
Land Assessment
$3,114,400
Improvements Assessment
$3,777,500
Total Assessment
$6,891,900
  • Listing ID: 38644503

  • Date on Market: 12/3/2025

  • Last Updated:

  • Address: 600 Thimble Shoals Blvd, Newport News, VA 23606

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