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600 Thimble Shoals Blvd 45,345 SF 96% Leased Office Building Newport News, VA 23606 $11,500,575 CAD ($253.62 CAD/SF) 3.91% Cap Rate

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Executive Summary

45,344± SF office building on a prominent corner in Oyster Point, 41,499± rentable square feet
Furnished office suite for lease in Oyster Point
Suite 130: 1,724± SF (two private offices, conference room, kitchenette, bathroom, 8 cubicles)
4.14± AC zoned C-4
Long-term anchor tenant Wells Fargo
Two elevators
Built in 1986, masonry and glass exterior
167 Parking spaces plus a large drive-thru lot
2026 Budget NOI - $331,270
WALT as of 1/26 - 4.17
Sale Price: $8,475,000

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
45,345 SF
Building Class
A
Year Built
1986
Price
$11,500,575 CAD
Price Per SF
$253.62 CAD
Cap Rate
3.91%
NOI
$449,672 CAD
Percent Leased
96%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
15,115 SF
Slab To Slab
12’
Building FAR
0.26
Lot Size
3.97 AC
Opportunity Zone
Yes
Zoning
C4 - Comprehensive Plan for Regional Commerce
Parking
125 Spaces (2.76 Spaces per 1,000 SF Leased)

Amenities

  • Banking
  • Bus Line
  • Controlled Access
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • Full Service
  • -

The Center for Autism and Related Disorders (CARD®) leads the world in the effective treatment of autism, guided by science and inspired by compassion, to help people with autism and their families thrive. CARD® was founded on the principle that early intervention using applied behavior analysis treatment can yield outstanding clinical results for individuals with autism. CARD has trained thousands of technicians and behavior analysts on this methodology and has successfully treated tens of thousands of individuals, with many achieving optimal outcomes and leading successful, independent lives.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • Full Service
  • Apr 2025

KB Murov Law Firm takes pride in representing individuals only. They fight insurance companies and corporations to level the playing field for the people. You deserve aggressive legal representation; you deserve results. They have been successfully handling personal injury cases for decades and take great pride in helping injured victims and their families recover full compensation for their injuries. Their highly skilled and fierce advocates understand what is at stake and the approach required to achieve a favorable outcome. To ensure you receive full compensation, they strive to fully appreciate and establish the impact the injuries have had on your life—physically, emotionally and financially.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • Full Service
  • -

Moore Candella & Associates is a full service CPA firm delivering expertise in a small firm environment. The three words beneath their name explain precisely why they’re better: Expertise. Agility. Attention. They chose those words with care because they find joy in helping others succeed and reach their goals and, as professionals, they are energized by the opportunity to use their experience to identify the needs of their clients, provide creative solutions and offer superior customer service. Building personal relationships is tantamount to what they do. Yes, their work is their profession, but maintaining well-informed, updated, overjoyed clients is their mission.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

At Promise Law, they know that planning for the future can feel overwhelming—whether you’re thinking about your own estate plan or managing the affairs of a loved one. That’s why they lead with education, kindness, and a step-by-step approach that puts you at ease. They don’t just offer legal services—they offer a partnership – one where you feel informed, empowered, and supported every step of the way.

  • Virginia Enterprises, Inc.
  • Construction
  • -
  • -
  • -
  • -

Virginia Enterprises is a residential construction and homebuilding company based in Newport News, Virginia. Since its formation, Virginia Enterprises has focused on the construction of single-family homes and related residential development services within the Hampton Roads region. Its work has included new construction projects permitted across multiple local jurisdictions in southeastern Virginia. Virginia Enterprises is led by long-tenured ownership, with George E. Fiscella serving as president and treasurer and Edward G. Fiscella serving as senior vice president. The firm’s longevity reflects sustained participation in the regional housing market over multiple economic cycles.

  • Finance and Insurance
  • -
  • -
  • -
  • -

Wells Fargo is a publicly traded financial services company founded in 1852. Headquartered in San Francisco, the firm provides a broad range of banking, lending, investment, and mortgage services to individuals and businesses. Its operational structure includes multiple business segments that span consumer banking, commercial services, corporate and investment banking, and wealth management. The company maintains an extensive presence through U.S. banking locations and international offices supporting global financial activities. Over its long history, Wells Fargo has expanded into diversified financial operations through acquisitions and organizational growth. The firm is listed on the New York Stock Exchange under the ticker symbol WFC and continues to function as a major U.S. financial institution. Its corporate leadership oversees functions including risk management, administrative operations, and corporate governance from its headquarters.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Health Care and Social Assistance - - Full Service -
Professional, Scientific, and Technical Services - - Full Service Apr 2025
Professional, Scientific, and Technical Services - - Full Service -
Professional, Scientific, and Technical Services - - - -
Virginia Enterprises, Inc. Construction - - - -
Finance and Insurance - - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 130
  • 1,724 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 130 1,724 SF Office - Now

1st Fl-Ste 130

Size
1,724 SF
Space Use
Office
Condition
-
Available
Now
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
195.00-01-27
Land Assessment
$4,257,541 CAD
Improvements Assessment
$5,164,032 CAD
Total Assessment
$9,421,572 CAD
  • Listing ID: 38644503

  • Date on Market: 2025-12-03

  • Last Updated:

  • Address: 600 Thimble Shoals Blvd, Newport News, VA 23606

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