711 79th St | Newport News, VA 23605
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- LoopNet Team
711 79th St
Newport News, VA 23605
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- About $2,000,000 In Improvements Since Start of Lease - Showing Commitment To Location
- + 8 Years Remaining On Lease With Two Options Till 2035 | 10% Rent Increases Every 5 Years
- National Credit Tenant | NYSE:DVA | $11.6 Billion Dollars In Revenue in 2021
- 5,500 SQFT Additional Shopping Center Frontage Retail Space & Additional +/- 13,000 SQFT Commercial Vacant Pad
- Fee Simple Ownership (Land & Building + Additional Retail & Commercial Pad)
- NN+ (Tenant Responsible For Maintenance and 100% of HVAC, Property Taxes & Insurance)
PROPERTY FACTS
Property Type
Retail
Building Size
20,000 SF
Building Class
B
Year Built
2003
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
2.12 AC
Zoning
C1
Parking
86 Spaces (4.46 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 274.00-01-30 | Improvements Assessment | $2,544,500 |
| Land Assessment | $277,800 | Total Assessment | $2,822,300 |
PROPERTY TAXES
Parcel Number
274.00-01-30
Land Assessment
$277,800
Improvements Assessment
$2,544,500
Total Assessment
$2,822,300
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