Newport News, VA Commercial Real Estate for Lease and Sale

Explore 91 listings of Newport News commercial real estate for lease and for sale to find the best space for your business.

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The Shoppes at Oyster Point

605-639 Pilot House Dr, Bernard Village, Newport News, VA
Property

Retail
Availability

1 Space

3,500 SF
Year Built

1988
For Lease Contact for pricing
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Jefferson Commons

12551 Jefferson Ave, Turnberry, Newport News, VA
Property

Retail

290,280 SF
Availability

8 Spaces

23,111 SF
Year Built

2005
For Lease Contact for pricing
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Office Condo For Sale or Lease | 744 Thimble Shoals Blvd

744 Thimble Shoals Blvd, Bernard Village, Newport News, VA
Property

Office

5,806 SF
For Sale

$845,000
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Oyster Point Business Park - Rock Landing IV & V

11844 Rock Landing Drive, Oyster Point City Center, Newport News, VA
Property

Office

36,250 SF
Availability

1 Space

2,401 SF
Year Built

1990
For Lease

$16.50/SF/YR
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Multi-Tenant Investment

393 Denbigh Blvd., Warwick Courthouse, Newport News, VA
Property

Office

6,500 SF
For Sale

$675,000
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Oyster Point - 600 Thimble Shoals Blvd

600 Thimble Shoals Blvd, Oyster Point City Center, Newport News, VA
Property

Office

45,344 SF
Availability

4 Spaces

10,629 SF
Year Built

1986
For Lease Contact for pricing
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Residences at Cedar Hill

Residences at Cedar Hill, Skiffes Creek Landing, Newport News, VA
Property

Other

851 SF
Year Built

1974
For Sale Contact for pricing
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703 Gum Rock CT

703 Gum Rock CT, Oyster Point City Center, Newport News, VA
Property

Office

3,210 SF
Availability Contact for availability
Year Built

1979
For Lease Contact for pricing
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675 Town Center Dr

675 Town Center Dr, Oyster Point City Center, Newport News, VA
Property

Office

1,200 SF
Availability

1 Space

1,200 SF
Year Built

2004
For Lease Contact for pricing
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800 Diligence Dr For Sale or Lease

800 Diligence Dr, Sierra Park, Newport News, VA
Property

Office

10,360 SF
For Sale Contact for pricing
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Townebank Center

1 Old Oyster Point Road, Wendwood, Newport News, VA
Property

Office

60,000 SF
Availability

3 Spaces

5,888 SF
Year Built

1999
For Lease

$20.00/SF/YR
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700 Tech Center Parkway
Gather
700 Tech Center Parkway STE 200, Newport News, VA
Services

Open Workspace

Meeting Room
Amenities

Complimentary coffee & tea

Cookies

Free water

High-speed wifi

Mail services

Mother’s room

Parking

Podcast room

Premium coffee

Privacy booths
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700 City Center Blvd

700 City Center Blvd, Oyster Point City Center, Newport News, VA
Property

Office

5,033 SF
Availability Contact for availability
Year Built

1979
For Lease Contact for pricing
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Jefferson Strip Center

12266 Jefferson , Village Green, Newport News, VA
Property

Retail

9,728 SF
Year Built

2004
For Sale

$5,239,000
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Stoneybrook Shopping Center

15432 Warwick Blvd., Courthouse Green, Newport News, VA
Property

Retail
Availability

1 Space

3,000 SF
For Lease Contact for pricing
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11719 Jefferson Avenue

11719 Jefferson Avenue, Port Warwick, Newport News, VA
Property

Office

22,000 SF
Availability Contact for availability
Year Built

2008
For Lease Contact for pricing
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Newport News II

12500 Warwick Blvd, Glendale, Newport News, VA
Property

Mixed Use

6,678 SF
Availability

1 Space

6,678 SF
Year Built

1976
For Lease Contact for pricing
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2904 West Ave

2904 West Ave, North End Newport News, Newport News, VA
Property

Office

4,000 SF
Availability

1 Space

4,000 SF
For Lease

$12.00/SF/YR
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311 Ed Wright Ln

311 Ed Wright Ln, Wendwood, Newport News, VA
Property

Industrial
Availability

1 Space

2,000 SF
For Lease

$12.72/SF/YR
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13110 Jefferson Ave

13110 Jefferson Ave, Kings Ridge, Newport News, VA
Property

Other
For Sale Contact for pricing
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SunTrust Bank Building

11817 Canon Blvd, Oyster Point City Center, Newport News, VA
Property

Office

100,746 SF
Availability

14 Spaces

71,350 SF
Year Built

1989
For Lease

$16.00/SF/YR
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14346 Warwick Blvd

14346 Warwick Blvd, Warwick Lawns, Newport News, VA
Property

Retail

341,400 SF
Availability

5 Spaces

42,419 SF
Year Built

1971
For Lease Contact for pricing
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755 Thimble Shoals Blvd

755 Thimble Shoals Blvd, Sierra Park, Newport News, VA
Property

Office

8,017 SF
Availability Contact for availability
Year Built

1986
For Lease Contact for pricing
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Marketplace at Tech Center

12080 Jefferson Ave, Wendwood, Newport News, VA
Property

Retail

230,000 SF
Availability

8 Spaces

17,361 SF
For Lease

$29.00 - $45.00/SF/YR
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DW Center - 14346 Warwick Blvd, Newport News, VA

14346 Warwick Blvd, Warwick Lawns, Newport News, VA
Property

Retail
Availability

1 Space

99,055 SF
Year Built

1998
For Lease Contact for pricing
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11847 Jefferson Ave.

11847 Jefferson Avenue, Port Warwick, Newport News, VA
Property

Retail

7,351 SF
Availability

1 Space

57,499 SF
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Newport News commercial real estate market incorporates 632,044 square feet of office space across 30 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Newport News, the coworking segment of the commercial real estate market incorporates about 1,150 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Newport News commercial real estate market includes 2,055,651 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Newport News market, there is a total of 123,919 square feet of industrial property.

The listing inventory in Newport News incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Newport News is represented by Retail space, which accounts for 753,331 square feet of available listings. Office space available in Newport News adds up to 257,592 square feet.

Meanwhile, most of the listings of commercial property for sale in Newport News are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Newport News is $15.31 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Newport News can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Newport News, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Newport News is in the Oyster Point City Center neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Oyster Point City Center area.

Meanwhile, retail space opportunities are most abundant in the Courthouse Green submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Oyster Point City Center.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $20 per square foot. In particular, the property type commanding the highest lease rates in Newport News was Retail space.

The average size of a commercial property in Newport News depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Newport News, the average size of an office property is 31,603 square feet.
Retail properties here incorporate an average of 97,889 square feet.
Industrial space in Newport News is in buildings that are, on average 20,654 square feet in size.

Newport News, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Newport News currently add up to 1,187,835 square feet. The market offers 26 active office listing(s), which amount to 257,592 square feet and account for 41% of commercial spaces on the market. Local retail availability includes 753,331 square feet across 29 retail space(s). Industrial space for rent opportunities in Newport News amount to 28,228 square feet across a total of 6 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	26	257,592
Retail	29	753,331
Industrial	6	28,228
Other	2	148,684

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Newport News, VA. Currently, there is 94,915 square feet of commercial property for sale here , which includes 4 office building(s) for sale , 6 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	4	27,973
Retail	6	20,886
Industrial	1	9,906
Other	10	36,150

Newport News, VA Commercial Real Estate for Lease and Sale

The Shoppes at Oyster Point

Jefferson Commons

Office Condo For Sale or Lease | 744 Thimble Shoals Blvd

Oyster Point Business Park - Rock Landing IV & V

Multi-Tenant Investment

Oyster Point - 600 Thimble Shoals Blvd

Residences at Cedar Hill

703 Gum Rock CT

675 Town Center Dr

800 Diligence Dr For Sale or Lease

Townebank Center

700 Tech Center Parkway

700 City Center Blvd

Jefferson Strip Center

Stoneybrook Shopping Center

11719 Jefferson Avenue

Newport News II

2904 West Ave

311 Ed Wright Ln

13110 Jefferson Ave

SunTrust Bank Building

14346 Warwick Blvd

755 Thimble Shoals Blvd

Marketplace at Tech Center

DW Center - 14346 Warwick Blvd, Newport News, VA

11847 Jefferson Ave.

Frequently Asked Questions

Newport News, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Newport News, VA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Newport News, VA?

What factors affect the price of commercial real estate in Newport News, VA?

What is the average rent for commercial space in Newport News, VA?

What are the best areas for commercial real estate in Newport News, VA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Newport News, VA?

Newport News, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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About us