750 J Clyde Morris Blvd - Freestanding FOR SALE


Newport News, VA 23601- Watkins
$975,000 USD
757-620-2932
750 J Clyde Morris Blvd, Newport News, VA for Sale
$975,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

750 J Clyde Morris Blvd
Newport News, VA 23601
Watkins


HIGHLIGHTS

  • Positioned on J Clyde Morris Boulevard in the Oyster Point retail corridor.
  • Recently renewed five-year lease with Tidewater Sew Vac.
  • Below-market rents provide significant long-term investment potential.
  • 6,000 SF building on 0.42 acres with strong visibility and access.
  • Gross lease includes landlord coverage of taxes, insurance, and maintenance.

OVERVIEW

Rare investment opportunity on J Clyde Morris within the heart of Oyster Point’s retail corridor. This 6,000-square-foot property, situated on 0.42 acres, offers stable tenancy and below-market rents, creating strong long-term upside. Tidewater Sew Vac recently renewed on a five-year term, ensuring predictable income. Current lease structure includes gross fixed rent for the full term, with the landlord responsible for taxes, insurance, and maintenance.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

C1

APN/PARCEL ID

205.00-04-04

ASK ABOUT THIS PROPERTY

Jonathan GuionJonathan Commercial PropertiesMore Info
757-620-2932

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Jonathan GuionJonathan Commercial PropertiesMore Info
757-620-2932

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