- For Lease $14.00/SF/YR
- Property Type Retail - Freestanding
- Property Size 143,932 SF
- Property Tenancy Multi-Tenant
- Date Updated May 14, 2026
Description
Excellent visibility and access from Jefferson Ave in Newport NewsJefferson Plaza presents a rare big-box sublease opportunity within Newport News’ primary retail corridor along Jefferson Avenue. The Best Buy–anchored center offers exceptional visibility, signalized access, and immediate connectivity to Interstate 64. The property is strategically positioned directly across from Patrick Henry Mall and adjacent to dominant regional retailers including Costco, The Fresh Market, and World Market. Strong co-tenancy, established retail infrastructure, and dense surrounding demographics drive consistent daily traffic and support destination-oriented retail demand.
Highlights
- ±55,800 SF former Value City Furniture with approximately 210 feet of frontage
- 24,932 SF former Babies “R” Us featuring dock-high loading
- Ample on-site parking and efficient loading configurations
- Immediate access to Interstate 64, located less than 0.5 miles from the center
- Multiple full-movement, signalized points of ingress/egress along Jefferson Avenue (±50,000 VPD)
True
2 Spaces Available
Former Babies R Us
Space Type
Power Center
Lease Rate
$14.00/SF/YR
Total Space
24,932 SF
Divisible Space
24,932 - 24,932 SF
Available Date
Immediate
Lease Type
NNN
Sublease
Yes
Former Value City Furniture
Space Type
Power Center
Lease Rate
$14.00/SF/YR
Total Space
55,800 SF
Divisible Space
55,800 - 55,800 SF
Available Date
Immediate
Lease Type
NNN
Sublease
Yes
Contacts
Levi Thomson
Divaris Real Estate
Location
Located at 12149 & 12153 Jefferson Ave, Newport News, VA 23602, this property is part of the Sluice Mill neighborhood and Richmond Tidewater market.
Contact Listing Broker
Levi Thomson
Divaris Real Estate
