11883 Jefferson Ave - Restaurant FOR SALE


Newport News, VA 23606- Deer Park
$2,650,000 USD
757-287-1490
11883 Jefferson Ave, Newport News, VA for Sale
$2,650,000 USD
Restaurant - FOR SALE
1/5
null | Request Cap Rate

11883 Jefferson Ave
Newport News, VA 23606
Deer Park


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.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$248 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Sushi King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

184

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

C1

APN/PARCEL ID

183.00-01-18

ASK ABOUT THIS PROPERTY

Doug AronsonS.L. Nusbaum Realty Co.More Info
757-287-1490

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Doug AronsonS.L. Nusbaum Realty Co.More Info
757-287-1490

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