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10185 Warwick Blvd, Newport News, VA, 23601

Dark 7-Eleven
$600,000

Key Information

Tot. SF
2,436
Lot Size
0.3 Acres
$ per unit
$600,000
Year Built
1966
Term Remaining
±2 YRS
Type
Retail
NOI
$43,200

Highlights

  • Value Add Opportunity: ±2,436 SF former 7-Eleven on a±0.3-acre lot with two years of lease term remaining, offering a clear path for repositioning, redevelopment, or owner-user opportunity.
  • Flexible Freestanding Asset: Flexible freestanding asset: ±0.30-acre parcel with on-site parking and a retail-adaptable layout supporting multiple alternative uses.
  • Hard signalized corner site: Positioned at the signalized intersection of two major roads offering maximum exposure and convenient access
  • Two year income with upside: Tenant remains responsible for rent throughout the remainder of the lease term, providing stable cash flow while planning repositioning
  • Strong Demographics: Over 155,306 residents within 5-mile radius with stable population growth and favorable consumer demographics supporting future retail demand
  • Exit Flexibility: Ideal for investors seeking short-term income with upside potential, as well as developers pursuing a prime redevelopment site at a highly visible, signalized corner within a well-established trade area

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 226035518 (VA)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203