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750 J Clyde Morris Blvd 5,544 SF Retail Building Newport News, VA 23601 $1,361,022 CAD ($245.49 CAD/SF)
EXECUTIVE SUMMARY
Below market rents with long term investment upside
- Rare opportunity on J Clyde Morris
- 6,000 square feet on 0.42 acres in the heart of Oyster Point retail corridor
- Tidewater Sew Vac just renewed their lease for an additional 5 year term
- Current lease has gross fixed rent for full term
- Landlord pays taxes, insurance and maintenance
- Rare opportunity on J Clyde Morris
- 6,000 square feet on 0.42 acres in the heart of Oyster Point retail corridor
- Tidewater Sew Vac just renewed their lease for an additional 5 year term
- Current lease has gross fixed rent for full term
- Landlord pays taxes, insurance and maintenance
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,544 SF
Building Class
C
Year Built
1969
Price
$1,361,022 CAD
Price Per SF
$245.49 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.42 AC
Zoning
C1
Parking
20 Spaces (8.12 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 205.00-04-04 | Improvements Assessment | $621,558 CAD |
| Land Assessment | $386,660 CAD | Total Assessment | $1,008,218 CAD |
PROPERTY TAXES
Parcel Number
205.00-04-04
Land Assessment
$386,660 CAD
Improvements Assessment
$621,558 CAD
Total Assessment
$1,008,218 CAD
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750 J Clyde Morris Blvd
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