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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.
WELL KNOWN SHOPPING CENTER. FULL KITCHEN SALES SANDWICHES, MUST SEE. LOW RENT AND BEST LOCATIONS.
BEST LOCATION WITH BUILT IN CUSTOMERS. MONEY MAKER. ALL NEW DECORATED STORE... MUST SEE.....CALL FOR FINANCIAL INFORMATION. BUSINESS ONLY. PARKING FEES PAYS FOR RENT.. GREAT BUSINESS
WOO INSIDE SALES ARE $50,000 A MONTH WITH $15,000 DELI SALES. MUST SEE THIS ONE..... BUSINESS ONLY NO LAND OR BLDG. CALL FOR MORE INFORMATION
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.
3,200 SF Retail Auto Repair Building Built in 1950, also for lease at $2,300.00 per month.
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.
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.
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.