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11021-11025 Jefferson Ave
Newport News, VA 23601 Sedgefield

$1,990,000 USD

Auto Dealership For Sale  •  4,840 SF

Property Details

  • Property Type Auto Dealership
  • Total Building Size 4,840 SF
  • Lot Size 0.35 AC
  • Building Class B
  • Year Built 1990
  • Cap Rate 25.00 %
  • Tenancy Multiple
  • Zoning C2
30 Transit Score
50 Walk Score

Highlights

Multiple income streams,dealership + service + rent, Value-add opportunity,3-lift shop activation, High-traffic, high-visibility corridor.
Fully renovated asset. Excess parking, 130+ major competitive advantage,Strong automotive-use positioning.
Fully activate service operations. boost NOI significantly Lease apartment + office additional passive income Expand dealership inventory.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $615,000 USD (2026)
Cap Rate: 25.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Sunrise Auto Group VA

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
16 min - 7.1 mi
AirportDriveWalkDistance
Newport News/Williamsburg International 16 min - 7.1 mi
Norfolk International 37 min - 23.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 130
Type: Surface
Included in Rent: Yes
Mustafa Cuce 757-710-7043 Sunrise Real Estate Group
Mustafa Cuce 757-710-7043 Sunrise Real Estate Group