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Highlights
- In-line space located between Ace Hardware and Pivot Physical Therapy.
- High visibility location with great signage.
- Immaculate space that was built out for a long standing credit union.
- Across the street from Todd Stadium and less than one mile from Christopher Newport University.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 12492 | 1,825 SF | Negotiable | $22.43 CAD/SF/YR $1.87 CAD/SF/MO $40,931 CAD/YR $3,411 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 12492
This retail opportunity is located within the ACE Center on Warwick Boulevard in Newport News, VA, offering a highly visible position in a well-trafficked shopping center. The available suite, previously built out for a credit union, features a functional layout that can accommodate a variety of retail or service-oriented businesses. Positioned between ACE Hardware and Pivot Physical Therapy, the space benefits from strong co-tenancy and consistent customer traffic. The property provides ample parking and convenient ingress and egress from Warwick Boulevard, one of the city’s primary commercial corridors. Recent improvements to the shopping center enhance accessibility and curb appeal, creating a welcoming environment for patrons. Located less than a mile from Christopher Newport University and across from Todd Stadium, the site draws from a dense daytime population and a vibrant local community. This location offers excellent connectivity to major roadways and is surrounded by established retail, dining, and service businesses, making it an attractive option for operators seeking visibility and convenience in Newport News.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Wheelchair Accessible
- $2,500.00/month, Triple Net.
- Ample Parking at the Center.
- Less than one mile from CNU
- Recently improved shopping center
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,825 SF | Total Land Area | 1.37 AC |
| Property Type | Retail | Year Built | 1986 |
| Property Subtype | Freestanding | Parking Ratio | 2.96/1,000 SF |
| Gross Leasable Area | 19,209 SF | Cross Streets | Middlesex Road |
| Total Space Available | 1,825 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 19,209 SF |
| Total Land Area | 1.37 AC |
| Year Built | 1986 |
| Parking Ratio | 2.96/1,000 SF |
| Cross Streets | Middlesex Road |
About the Property
The property is a retail suite located at 12492 Warwick Boulevard in Newport News, Virginia, within the ACE Center shopping center. It is situated between ACE Hardware and Pivot Physical Therapy and offers on-site parking. The site is located across from Todd Stadium and near Christopher Newport University. The property is within Newport News city limits and zoned C-1 Retail Commercial.
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
Ace Center | 12486-12494 Warwick Blvd
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