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736 Thimble Shoals Blvd 5,125 SF 100% Leased Office Building Newport News, VA 23606 $799,000 ($155.90/SF)
Investment Highlights
- ±5,075 SF freestanding office on 1 AC at a signalized, hard-corner location
- Prime Oyster Point location near NASA, Jefferson Lab, Newport News Shipbuilding, and Patrick Henry Mall
- Excellent visibility and access with abundant on-site parking and walk-up entry
- Immediate connectivity to I-64, J. Clyde Morris Blvd., and Jefferson Ave. with surrounding retail and service amenities
Executive Summary
736 Thimble Shoals Blvd. offers a rare opportunity to acquire a freestanding office building in the heart of Oyster Point—the Virginia Peninsula’s premier business district.
Positioned on approximately one acre at a signalized, hard-corner intersection, the property delivers outstanding exposure.
The ±5,075 SF building features private, ground-floor access and is ideally suited for an owner-user seeking a centrally located office environment with abundant parking and immediate proximity to the region’s top employers, retail amenities, and major transportation corridors.
Positioned on approximately one acre at a signalized, hard-corner intersection, the property delivers outstanding exposure.
The ±5,075 SF building features private, ground-floor access and is ideally suited for an owner-user seeking a centrally located office environment with abundant parking and immediate proximity to the region’s top employers, retail amenities, and major transportation corridors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
5,125 SF
Building Class
B
Year Built
1982
Price
$799,000
Price Per SF
$155.90
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,125 SF
Building FAR
0.12
Lot Size
1.00 AC
Opportunity Zone
Yes
Zoning
C4
Parking
53 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 196.00-01-91 | Improvements Assessment | $435,000 |
| Land Assessment | $192,600 | Total Assessment | $627,600 |
Property Taxes
Parcel Number
196.00-01-91
Land Assessment
$192,600
Improvements Assessment
$435,000
Total Assessment
$627,600
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736 Thimble Shoals Blvd
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