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11717, 11719 & 11719B Jefferson Ave 3 Office Properties Offered at $3,500,000 in Newport News, VA
Investment Highlights
- Well maintained office park at the gateway to Oyster Point
- Strategically located with high exposure at Jefferson Avenue and Pilot House Drive, with a signalized intersection at the entrance of the park
- Nearby amenities include City Centre at Oyster Point, Port Warwick, Marketplace at Tech Center and Patrick Henry Mall
- Excellent opportunity for an owner/user to occupy up to 11,000 SF of contiguous space and enjoy supplementary income from the remaining leased space
- Strong tenant mix including legal, medical, real estate, and other service uses
Executive Summary
Strategically located at the intersection of Jefferson Avenue and Pilot House Drive, with a signalized entrance, Oyster Point Commons offers exceptional exposure in the Peninsula’s most desirable business district. Oyster Point is widely recognized as the commercial and professional center of Newport News, providing a dynamic environment for businesses across industries. Nearby amenities include City Centre at Oyster Point, Port Warwick, Marketplace at Tech Center, and Patrick Henry Mall, all of which contribute to the area’s convenience and appeal for tenants and visitors alike.
Property Facts
| Price | $3,500,000 | Status | Active |
| Price / SF | $101.45 / SF | Number of Properties | 3 |
| Cap Rate | 10.01% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 34,500 SF |
| Price | $3,500,000 |
| Price / SF | $101.45 / SF |
| Cap Rate | 10.01% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 34,500 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Oyster Point Commons
11719-B Jefferson Ave, Newport News, VA 23606 |
Office | 26,800 SF | 2008 | - |
| 11717 Jefferson Ave, Newport News, VA 23606 | Office | 5,200 SF | 2006 | - |
|
Oyster Point Commons
11719 Jefferson Ave, Newport News, VA 23606 |
Office | 2,500 SF | 1980 | - |
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Contacts
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Jason Oliver, CCIM -
Michael Divaris -
Elizabeth Paasch -
Divaris Real Estate, Inc.
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11717, 11719 & 11719B Jefferson Ave
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