www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29089066
29089067

11883 Jefferson Ave, Newport News, VA 23606

DA
VA VA 0225094359, FL FL BK3274104
S.L. Nusbaum Realty Co
Listed by S.L. Nusbaum Realty Co
$2,650,000
177 days on market
Updated 8 days ago

Sushi King

Details
Property Type Hospitality, Land (+2)
Sub Type Commercial, Restaurant
Square Footage 10,684
Occupancy 100%
Tenancy Single
Brand/Tenant Sushi King
Lease Type NNN
Price per SqFt $248
Broker Co-Op Yes
Buildings 1
Acreage 2.300
Investment Type Net Lease
Ownership Fee Simple
Sale Condition 1031 exchange

Suitable for owner/user or investor who wants passive income. Tenant willing to sign longterm lease.

Marketing description

SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to exclusively present for sale the Sushi King restaurant property located at 11883 Jefferson Avenue, in Newport News, VA.

Sushi King has been operating in this location for more than 15 years. The tenant will consider signing a new long-term lease or will vacate for an owner/user.

The site consists of a 10,684 turnkey restaurant situated on an oversized 2.3ac parcel. The property is equidistant and about a mile to City Center, a high-density mixed-use development and the Marketplace at Tech Center (Whole Foods, DSW, HomeSense, Ulta Beauty).

The property is zoned C1, allowing multiple uses including retail, office and hotel.

Investment highlights

• Large site for multiple re-tenant/redevelopment plays.

• Turnkey restaurant if desired.

• Big traffic count: 49,000 vpd on Jefferson Ave.

• Huge parking available.

• Suitable for owner/user or investor who wants passive income. Tenant willing to sign longterm lease. Talk to broker for details.

Listing Contacts

DA
VA VA 0225094359, FL FL BK3274104
S.L. Nusbaum Realty Co
Listed by S.L. Nusbaum Realty Co

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
C1 CommercialRetail CommercialRetail Commercial
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 255 uses
View all 255 uses
Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Doug Aronson
License
VA 0225094359
Brokerage Phone
7572826510
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591