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11717, 11719 & 11719B Jefferson Ave 3 Office Properties Offered at $4,838,750 CAD 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
This prominent three-building office park features one two-story and two singlestory assets and represents a prime purchase opportunity for an owner/user. The
park is conveniently located in Oyster Point, the business hub of the Virginia Peninsula, with prime frontage on Jefferson Avenue.
park is conveniently located in Oyster Point, the business hub of the Virginia Peninsula, with prime frontage on Jefferson Avenue.
PROPERTY FACTS
| Price | $4,838,750 CAD | Number of Properties | 3 |
| Price / SF | $140.25 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 10.01% | Total Building Size | 34,500 SF |
| Sale Type | Investment | Total Land Area | 10.50 AC |
| Status | Active |
| Price | $4,838,750 CAD |
| Price / SF | $140.25 CAD / SF |
| Cap Rate | 10.01% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 34,500 SF |
| Total Land Area | 10.50 AC |
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
-
Jason Oliver, CCIM -
Michael Divaris -
Elizabeth Paasch -
Divaris Real Estate, Inc.
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11717, 11719 & 11719B Jefferson Ave
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