10185 Warwick Blvd - Convenience Store FOR SALE


Newport News, VA 23601- Hilton
$600,000 USD
469-484-6091
10185 Warwick Blvd, Newport News, VA for Sale
$600,000 USD
Convenience Store - FOR SALE
1/3
null | 7.2% Cap Rate

10185 Warwick Blvd
Newport News, VA 23601
Hilton


HIGHLIGHTS

  • Value Add Opportunity: ±2,436 SF former 7-Eleven on a±0.3-acre lot with two years of lease term remaining, offering a clear path for repositioning, re
  • Flexible Freestanding Asset: Flexible freestanding asset: ±0.30-acre parcel with on-site parking and a retail-adaptable layout supporting multiple alt
  • Hard signalized corner site: Positioned at the signalized intersection of two major roads offering maximum exposure and convenient access
  • Two year income with upside: Tenant remains responsible for rent throughout the remainder of the lease term, providing stable cash flow while planning
  • Strong Demographics: Over 155,306 residents within 5-mile radius with stable population growth and favorable consumer demographics supporting future r
  • Exit Flexibility: Ideal for investors seeking short-term income with upside potential, as well as developers pursuing a prime redevelopment site at a

OVERVIEW

Broker of Record Kyle Matthews License # 226035518 (VA) Matthews Real Estate Investment Services, Inc 1600 West End Ave., Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dark 7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

0

APN/PARCEL ID

266.00-06-40

ASK ABOUT THIS PROPERTY

Will RupliMatthews Real Estate Investment ServicesMore Info
469-484-6091

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Will RupliMatthews Real Estate Investment ServicesMore Info
469-484-6091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.