Newport News, VA Commercial Real Estate for Lease and Sale

Explore 111 listing(s) of commercial real estate in Newport News, VA to find the best space for your business.

CRE Market FAQs

14350 Warwick Blvd

14350 Warwick Blvd, Warwick Lawns, Newport News, VA
Space Type

Retail
For Lease Contact for pricing

1 space available / 6,500 SF
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Tech Center Research Park - Building 2 Now Leasing!

800 Tech Center Pkwy, Wendwood, Newport News, VA
Space Type

Office
For Lease Contact for pricing

1 space available / 67,080 SF
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6034 Jefferson Ave

6034 Jefferson Ave, Parkview, Newport News, VA
Property Type

Retail
For Sale

$695,000
Built in 1978 / Property size 3,552 SF
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11076 Warwick Blvd

11076 Warwick Blvd, Dutch Village, Newport News, VA
Property Type

Retail
For Sale Contact for pricing

Built in 2017 / Property size 36,185 SF
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728 Bluecrab Rd

728 Bluecrab Rd, Oyster Point City Center, Newport News, VA
Space Type

Office
For Lease Contact for pricing

1 space available / 2,110 SF
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Frequently Asked Questions

Here is a rundown of the primary commercial real estate property types currently available in Newport News:
- Office Space: The market includes 1,204,437 square feet of office spaces in addition to 65 coworking locations.
- Retail Space: Between malls, restaurants and stores, Newport News is home to 2,005,617 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 176,419 square feet of available space in Newport News.
The average rent for commercial real estate in Newport News is $16.05 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Newport News costs $11.25, while the city’s premium locations ask up to $19.5.
Office space here averages $17.36 per square foot while industrial space averages $11.93 per square foot. The variation reflects differences in property types, quality, and demand. 
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
- Class A/A+ properties have an average size of 46,760 square feet.
- Class B properties are sized 39,039 square feet, on average.
- Class C properties span an average of 8,838 square feet.
The best area for commercial real estate in Newport News will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Oyster Point City Center, home to no fewer than 42 listings for space of all types. If you're looking for office space, Oyster Point City Center has the highest concentration of office listings at 36.

Meanwhile, Oyster Point City Center has the highest number of industrial availabilities (5), while Turnberry boasts the largest number of retail listings in the city (7).
CommercialCafe’s CRE offering in Newport News is enabled by a network of 71 active brokers from 34 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.

To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
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, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.

Asking rents in the city can be as high as $19.5 per square foot. In particular, the property type commanding the highest lease rates in Newport News is Office space.
The average size of a commercial property here stands at 142,005. However, different asset classes and zoning laws will result in vastly different property sizes. Here is a breakdown of the average size of different commercial asset classes in Newport News:
Office properties:
- Average size: 32,553 square feet.
- Largest property: Space Available (67,080 square feet).
Retail properties:
- Average size: 77,140 square feet.
- Largest property: Space Available (250,000 square feet).
Industrial properties:
- Average size: 22,053 square feet.
- Largest property: Full Building (5,600 square feet).

Newport News, VA Commercial Space Listings

Commercial Space for Lease - Breakdown

The 74 listings for commercial real estate currently available for rent in Newport News add up to 1,227,202 square feet across various property types. Here's a breakdown of the available space by category:

Property Type	Count of Listings	Total Sq. Ft.
Office	36	315,092
Retail	29	739,009
Industrial	8	31,096
Other	1	142,005

Office properties:

The market has 36 active office listings, encompassing 315,092 square feet.
Newport News office spaces currently listed on CommercialCafe represent 48% of the total commercial real estate market in Newport News, compared to an average of 40% across all markets tracked by CommercialCafe.

Retail Space:

There are 29 retail listings available, adding up to a total of 739,009 square feet.
Retail spaces account for approximately 39% of the local commercial market, while the average share taken up by retail in all U.S. markets is 35%.

Industrial Space:

The industrial market in Newport News offers 8 listings, amounting to 31,096 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 10% of the total commercial space available in the market, compared to a nationwide average of 24%.

Commercial Space for Sale - Breakdown

There are currently 35 properties listed for sale in the Newport News market, adding up to 274,993 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

14 office properties
10 retail properties
0 industrial properties

Property Type	Count of Listings	Total Sq. Ft.
Office	14	182,589
Retail	10	85,199
Other	11	7,205

Newport News, VA Commercial Real Estate for Lease and Sale

14350 Warwick Blvd

Tech Center Research Park - Building 2 Now Leasing!

6034 Jefferson Ave

11076 Warwick Blvd

728 Bluecrab Rd

Frequently Asked Questions

Newport News, VA Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

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