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3,200 SF Retail Auto Repair Building Built in 1950, also for lease at $2,300.00 per month.
The subject property is a 2,656 +/- sf freestanding NNN Jiffy Lube located in Newport News, VA. The tenant, Lucor, Inc., is one of the largest Jiffy Lube franchisees in the country with over 175 locations throughout 7 states. The subject property has been a Jiffy Lube since 1998 and the tenant just recently exercised its 2nd five year option which expires in 2019. The Lease contains two (2) more five (5) year options to extend with 12.5% increases in each option. Jiffy Lube International, with more than 2,000 franchised service centers in North America, serve approximately 22 million customers per day.
New single renant NNN corporate lease 10% rental increases every 5 years Five 5-year options to extend Central retail location 6 vehicle drive-thru with 23 parking spacesOver 48,000 VPD
Rare opportunity to acquire grandfathered car lot in good Newport News location. Situated on a corner lot, 10412 Warwick Boulevard has an updated building with two garage bays and a fenced lot to the rear of the property. The property is currently leased.
CORNER OF BUSY JEFFERSON AVE., DELI AND C-STORE. BEST LOCATION. OWNER WANTS TO RETIRE. 2560 SQ OF VERY CLEAN STORE WITH GOOD CLIENTS. COULD PUCHASE BUSINESS ONLY AT $200,000 PLUS INVENTORIES OR JUST BUY BLDG WITH BUSINESS.
This convenience store is located in a well known shopping center on Warwick Blvd in Newport News! Convenient store has a full and operational kitchen inside. Low Rent! Must see to believe! Call Listing Broker for more information!
This newly renovated restaurant is in an excellent location and has built in clientele. Restaurant is a local favorite and has been recently decorated and refurnished. A MUST SEE TO BELIEVE! Due to the excellent location of this restaurant, there are additional "PARKING FEES" for customers (not for the business owner) that will convey with the sale of this business. These fees will be paid to the business owner and this can easily pay for the rent of the building. Incredible business opportunity! Call listing broker for more information about the property and possible financial opportunities. This is BUSINESS ONLY. Land and building not available for purchase.
SALE PRICE: $365,000; PREMISES: 5,400 SF 5,400 SF end cap in regional shopping center, pay rent on 4,400 SF. 1,000 SF private room fully conditioned space (rent free) " Currently on 10th year of lease with 2 (5) year options. Current triple net inclusive monthly rent $9,300. " All new furniture, light fixtures, mostly new bar equipment, new kitchen equipment, but all equipment is under quarterly maintenance and fully operational. Upgrades to audio/video system, all new T.V.' s. Fully operational small stage, with lights and full sound system to accommodate small bands/karaoke. " Bar- rectangular bar, double sided beautiful mahogany back bar, stainless steel counter top, 24 Viper draft beer handles, remote walk in beer cooler with Micromatic beer system. All stainless steel cabinets and shelving, professionally set up for high volume bar sales. " Dinning rooms- 1 private dinning room for banquets and special events as well as used for overflow on daily basis. 3 other dinning rooms, allows to close an area during slow times and manage better.
Abbitt Management is pleased to offer this well-occupied shopping center on 9.41 acres. Conveniently located near I-64 and PHF Airport in the Denbigh area of Newport News, features include: " Anchor tenant (78,000 sf) " Newly paved 100+ space parking lot " Healthy NOI " C1 zoning " High visibility via signage opportunities on Warwick Blvd.
Located at the corner of Post Road and Warwick Boulevard 2-story building, built in 1920, with a charming outdoor English Garden complete with lunch tables. The business consists of a café/ coffee shop; and art gallery and an antique shop.