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27149996
27150020

401 Oyster Point Rd, Newport News, VA 23602 For Sale

CM
VA VA 0225104023
Re/Max Connect
Listed by Re/Max Connect
$3,975,000
299 days on market
Updated 4 days ago

401 Oyster Point Road

Details
APN 150-000-123
Property Type Office
Sub Type Medical Office
Square Footage 17,840
Net Rentable (SqFt) 17,840
Units 3
Cap Rate 6.96%
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.96%
Price per SqFt $223
Year Built 1990
Buildings 1
Stories 1
Acreage 1.270
Zoning C1
Investment Type Stabilized

Office | 6.96% CAP | 17,840 SqFt

Marketing description

Outstanding investment opportunity in the heart of Newport News! This 17,840 sq. ft. medical office building features three fully leased units, providing immediate and stable income. Strategically located in a highly visible and easily accessible area, the property is surrounded by established businesses, medical providers, and retail amenities. With strong tenancy in place and professional curb appeal, this property offers investors a turnkey, income-producing asset in a thriving corridor. Ideal for those seeking a reliable commercial investment in a prime location.

Investment highlights

Strategically located in a highly visible and easily accessible area, the property is surrounded by established businesses, medical providers, and retail amenities.

Income producing asset

Listing Contacts

CM
VA VA 0225104023
Re/Max Connect
Listed by Re/Max Connect

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Additional Information

Name
Carlyn Menser
License
VA 0225104023
Brokerage
Re/MAX Connect
Title
Associate Broker/Owner
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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