- For Sale $3,500,000
- Property Type Office - General Office
- Property Size 28,062 SF
- Lot Size 0.87 Acre
- Date Updated May 14, 2026
Description
This prominent three-building office park features one two-story and two single-story assets & represents a prime purchase opportunity for an owner/user. The park is conveniently located in Oyster Point, the business hub of the Virginia Peninsula, with prime frontage on Jefferson Avenue.
Offering Price: $3,500,000
Building Size: 20,504 SF (11719-B)
5,080 SF (11717)
2,425 SF (11719)
28,062 SF (Total)
Price/SF: $124.72
NOI (Projected): 350,264
Cap Rate: 10.0%
Occupancy: 66.1%
Site Area: ±2.68 Acres
Year Built: 2008 (11719-B)
2006 (11717)
1980 (11719)
Zoning: C-1
Highlights
- Drive, with a signalized intersection at the entrance of the park
- Excellent opportunity for an owner/user to occupy the 9,510 SF vacancy and enjoy supplementary income from the remaining 18,552 SF of leased space
- Nearby amenities include City Centre at Oyster Point, Port Warwick, Marketplace at Tech Center and Patrick Henry Mall
- Strategically located with high exposure at Jefferson Avenue and Pilot House
- Strong tenant mix including legal, medical, real estate, and other service uses
- Well maintained office park at the gateway to Oyster Point
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Contacts
Jason Oliver
Divaris Real Estate
Location
Located at 11717, 11719, & 11719-B Jefferson Ave, Newport News, VA 23606, this property is part of the Wendwood neighborhood and Richmond Tidewater market.
Contact Listing Broker
Jason Oliver
Divaris Real Estate
