Newport News, VA Commercial Real Estate for Lease and Sale

Explore 114 listings of Newport News commercial real estate to find the best space for your business.

729 Thimble Shoals Blvd. #3D

729 Thimble Shoals Blvd. #3D, Oyster Point City Center, Newport News, VA
Property

Office

1,508 SF
Year Built

1989
For Sale

165,000.00
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6128 Jefferson Avenue

6128 Jefferson Avenue, North Newmarket, Newport News, VA
Property

VacantLand
For Sale

Subject To Offer
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Aldi Outparcel - Jefferson Ave

11975 Jefferson Ave, Wendwood, Newport News, VA
Property

Retail
For Sale Contact for pricing
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Newport Crossing

467 Oriana Road, Courthouse Green, Newport News, VA
Property

Retail

194,000 SF
Availability

3 Spaces

19,815 SF
Year Built

1990
For Lease Contact for pricing
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546 Denbigh Blvd

546 Denbigh Blvd, Turnberry, Newport News, VA
Property

Office

3,238 SF
Year Built

1960
For Sale

$349,500
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590 Gaston CT

590 Gaston CT, Bernard Village, Newport News, VA
Property

VacantLand

1.42 Acre
Availability

1 Space

1.42 Acre
For Lease Contact for pricing
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590 Gaston CT

590 Gaston CT, Bernard Village, Newport News, VA
Property

VacantLand

1.42 Acre
For Sale

$650,000
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2506 Jefferson Avenue
The Offices @ Two Five & J
East End Shopping Center, Newport News, VA
Services

Virtual Office

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Business address

Cleaning services

Complimentary coffee & tea

Fax services

Free water

High-speed internet

Kitchen

Lockers

Mail services

Office furniture
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Building 700 @ Tech Center

700 Tech Center Parkway, Wendwood, Newport News, VA
Property

Office
Availability

1 Space

3,524 SF
Year Built

2018
For Lease Contact for pricing
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Liberty Shoppes

3201-3301 Washington Ave, North End Newport News, Newport News, VA
Property

Retail
Availability

1 Space

1,981 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 995,358 square feet of office space across 52 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 1,350 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 1,830,685 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 173,031 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 746,836 square feet of available listings. Office space available in Newport News adds up to 382,041 square feet.

Meanwhile, most of the listings of commercial property for sale in Newport News are in the Office 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 $16.22 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 Turnberry 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 $21.5 per square foot. In particular, the property type commanding the highest lease rates in Newport News was Retail space.

Conversely, the highest sale price last year was $4,025,000 that is located at 601 Thimble Shoals Blvd.
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 26,902 square feet.
- Retail properties here incorporate an average of 79,595 square feet.
- Industrial space in Newport News is in buildings that are, on average 19,226 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 1,366,363 square feet. The market offers 37 active office listing(s), which amount to 370,371 square feet and account for 46% of commercial spaces on the market. Local retail availability includes 745,636 square feet across 30 retail space(s). Industrial space for rent opportunities in Newport News amount to 39,818 square feet across a total of 10 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	37	370,371
Retail	30	745,636
Industrial	10	39,818
Other	2	210,538

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 303,919 square feet of commercial property for sale here , which includes 12 office building(s) for sale , 11 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	12	36,260
Retail	11	88,804
Industrial	1	9,906
Other	13	168,949

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Newport News, VA Commercial Real Estate for Lease and Sale

729 Thimble Shoals Blvd. #3D

6128 Jefferson Avenue

Aldi Outparcel - Jefferson Ave

Newport Crossing

546 Denbigh Blvd

590 Gaston CT

590 Gaston CT

2506 Jefferson Avenue

Building 700 @ Tech Center

Liberty Shoppes

Frequently Asked Questions

Newport News, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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