401 Oyster Point Rd - Medical FOR SALE


Newport News, VA 23602- Oyster Point
$4,300,000 USD
757-879-9759
401 Oyster Point Rd, Newport News, VA for Sale
$4,300,000 USD
Medical - FOR SALE
1/39
null | 6.43% Cap Rate

401 Oyster Point Rd
Newport News, VA 23602
Oyster Point


HIGHLIGHTS

  • Highly visible and easily accessible area
  • Income producing asset

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$241 USD /SF

CAP RATE

6.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mid-peninsula Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

C1

APN/PARCEL ID

150.00-01-23

ASK ABOUT THIS PROPERTY

Carlyn MenserRE/MAX ConnectMore Info
757-879-9759

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Carlyn MenserRE/MAX ConnectMore Info
757-879-9759

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