Newport News, VA Commercial Real Estate for Lease and Sale

Explore 114 listing(s) of commercial real estate in Newport News, VA to find the best space for your business.

CRE Market FAQs

Turnberry Crossing

12638 Jefferson Ave, Newport News - Williamsburg Airport, Newport News, VA
Space Type

Retail
For Lease Contact for pricing

1 space available / 53,775 SF
View Details (opens in new window)
The Shoppes at Oyster Point

340 Oyster Point Road, Wendwood, Newport News, VA
Space Type

Retail
For Lease Contact for pricing

1 space available / 85,788 SF
View Details (opens in new window)
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
View Details (opens in new window)
11850 Canon Blvd

11850 Canon Blvd, Oyster Point City Center, Newport News, VA
Space Type

Office
For Lease

$2,900.00/MO
1 space available / 2,000 SF
View Details (opens in new window)
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
View Details (opens in new window)
603 Pilot House Drive

603 Pilot House Drive, Bernard Village, Newport News, VA
Property Type

Office
For Sale

Please Contact Agent
Built in 1988 / Property size 34,841 SF
View Details (opens in new window)
763 J Clyde Morris Blvd

763 J Clyde Morris Blvd, Sierra Park, Newport News, VA
Space Type

Office
For Lease

$14.00/SF/YR
1 space available / 1,650 SF
View Details (opens in new window)
11975 Jefferson Ave

11975 Jefferson Ave, Wendwood, Newport News, VA
Space Type

Retail
For Lease Contact for pricing

1 space available / 6,400 SF
View Details (opens in new window)

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 1,291,429 square feet of office spaces in addition to 66 coworking locations.
- Retail Space: Between malls, restaurants and stores, Newport News is home to 2,085,849 square feet of available retail space.
- Industrial Space: Warehouses, distribution centers, manufacturing facilities and other industrial types total 170,419 square feet of available space in Newport News.
The average rent for commercial real estate in Newport News is $16.26 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Newport News costs $12, while the city’s premium locations ask up to $19.5.
Office space here averages $17.67 per square foot while industrial space averages $11.49 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 41,184 square feet.
- Class B properties are sized 43,882 square feet, on average.
- Class C properties span an average of 8,648 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 47 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 41.

Meanwhile, Oyster Point City Center has the highest number of industrial availabilities (5), while Wendwood boasts the largest number of retail listings in the city (8).
CommercialCafe’s CRE offering in Newport News is enabled by a network of 70 active brokers from 33 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 145,174. 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: 33,985 square feet.
- Largest property: Space Available (67,080 square feet).
Retail properties:
- Average size: 77,254 square feet.
- Largest property: Space Available (250,000 square feet).
Industrial properties:
- Average size: 24,346 square feet.
- Largest property: Full Building (5,600 square feet).

Newport News, VA Commercial Space Listings

Commercial Space for Lease - Breakdown

The 78 listings for commercial real estate currently available for rent in Newport News add up to 1,319,158 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	328,741
Retail	33	815,647
Industrial	7	29,596
Other	2	145,174

Office properties:

The market has 36 active office listings, encompassing 328,741 square feet.
Newport News office spaces currently listed on CommercialCafe represent 46% of the total commercial real estate market in Newport News, compared to an average of 39% across all markets tracked by CommercialCafe.

Retail Space:

There are 33 retail listings available, adding up to a total of 815,647 square feet.
Retail spaces account for approximately 42% 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 7 listings, amounting to 29,596 available square feet.
Industrial spaces, including warehouses and manufacturing sites, make up about 8% of the total commercial space available in the market, compared to a nationwide average of 25%.

Commercial Space for Sale - Breakdown

There are currently 34 properties listed for sale in the Newport News market, adding up to 247,813 square feet of space available for purchase. Here is a breakdown of the commercial space for sale listed locally:

16 office properties
8 retail properties

Property Type	Count of Listings	Total Sq. Ft.
Office	16	174,183
Retail	8	66,426
Other	10	7,204

Newport News, VA Commercial Real Estate for Lease and Sale

Turnberry Crossing

The Shoppes at Oyster Point

11076 Warwick Blvd

11850 Canon Blvd

14350 Warwick Blvd

603 Pilot House Drive

763 J Clyde Morris Blvd

11975 Jefferson Ave

Frequently Asked Questions

Newport News, VA Commercial Space Listings

Commercial Space for Lease - Breakdown

Commercial Space for Sale - Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches