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750 J Clyde Morris Blvd 5,544 SF Retail Building Newport News, VA 23601 $1,332,874 CAD ($240.42 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
$1,332,874 CAD
Price Per SF
$240.42 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 | $597,823 CAD |
| Land Assessment | $371,894 CAD | Total Assessment | $969,717 CAD |
Property Taxes
Parcel Number
205.00-04-04
Land Assessment
$371,894 CAD
Improvements Assessment
$597,823 CAD
Total Assessment
$969,717 CAD
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750 J Clyde Morris Blvd
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