Newport News, VA Commercial Real Estate for Lease and Sale

Explore 91 listings of Newport News commercial real estate to find the best space for your business.

Tech Center Research Park - Building 2 Now Leasing!

800 Tech Center Pkwy, Wendwood, Newport News, VA
Property

Office
Availability

1 Space

65,050 SF
Year Built

2023
For Lease Contact for pricing
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Jefferson Commons

12551 Jefferson Avenue, Turnberry, Newport News, VA
Property

Retail

282,357 SF
Availability

8 Spaces

23,111 SF
Year Built

2005
For Lease Contact for pricing
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703 Industrial Park Dr

703 Industrial Park Dr, The Forest, Newport News, VA
Property

Industrial

5,320 SF
Availability

1 Space

5,320 SF
Year Built

1978
For Lease Contact for pricing
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1070 Loftis Blvd

1070 Loftis Blvd, Port Warwick, Newport News, VA
Property

Retail

1,253 SF
Year Built

2007
For Sale

$225,000
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Office Coworking Retail Industrial

Office Retail Industrial Land
603 Pilot House Dr

603 Pilot House Dr, Bernard Village, Newport News, VA
Property

Office

37,450 SF
Availability

3 Spaces

5,192 SF
Year Built

1988
For Lease

$18.50/SF/YR
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6128 Jefferson Avenue

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

VacantLand
Availability

1 Space

142,005 SF
For Lease Contact for pricing
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9296 Warwick Blvd

9296 Warwick Blvd, North Newmarket, Newport News, VA
Property

VacantLand

0.93 Acre
For Sale

$495,000
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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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City Center at Oyster Point Office for Lease

701 Town Center Dr, Oyster Point City Center, Newport News, VA
Property

Office
Availability

1 Space

20,210 SF
For Lease Contact for pricing
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Retail for Lease at City Center at Oyster Point

11820 Merchants Walk, Oyster Point City Center, Newport News, VA
Property

Retail
Availability

1 Space

250,000 SF
For Lease Contact for pricing
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12998 Warwick Blvd

12998 Warwick Blvd, Wendwood, Newport News, VA
Property

VacantLand

0.67 Acre
For Sale

$1,100,000
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11840 Canon Blvd

11840 Canon Blvd, Oyster Point City Center, Newport News, VA
Property

Office

12,117 SF
Availability

1 Space

3,900 SF
Year Built

1987
For Lease

$10.00/SF/YR
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Warwick Village Shopping Center

11006 Warwick Blvd., Dutch Village, Newport News, VA
Property

Retail

189,011 SF
Availability

4 Spaces

10,835 SF
For Lease Contact for pricing
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11850 Canon Blvd

11850 Canon Blvd, Oyster Point City Center, Newport News, VA
Property

Industrial

23,163 SF
Availability

2 Spaces

15,718 SF
Year Built

1986
For Lease

$10.00 - $12.00/SF/YR
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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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605 Industrial Park Drive

605 Industrial Park Drive, The Forest, Newport News, VA
Property

Industrial

48,750 SF
Availability

1 Space

1,250 SF
Year Built

1975
For Lease

$8.75/SF/YR
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11849 Tug Boat Ln

11849 Tug Boat Ln, Oyster Point City Center, Newport News, VA
Property

Industrial

9,906 SF
Year Built

1984
For Sale

$1,400,000
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Sentara Port Warwick Medical Campus

11803 Jefferson Avenue, Port Warwick, Newport News, VA
Property

Office

18,850 SF
Availability

3 Spaces

11,367 SF
For Lease

$23.50/SF/YR
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4812 Mercantile Dr

4812 Mercantile Dr, Briarfield, Newport News, VA
Property

Industrial

6,686 SF
Availability

1 Space

6,686 SF
Year Built

1931
For Lease

$4,750.00/MO
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560 Industrial Park Dr

560 Industrial Park Dr, Snidow, Newport News, VA
Property

Industrial

2,300 SF
Availability

1 Space

2,300 SF
Year Built

2009
For Lease

$2,250.00/MO
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501 Truswood Lane

501 Truswood Lane, Snidow, Newport News, VA
Property

Industrial

71,847 SF
Availability

1 Space

72,500 SF
Year Built

2001
For Lease

$8.50/SF/YR
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10158 Jefferson Ave

10158 Jefferson Ave, Sedgefield, Newport News, VA
Property

VacantLand

2,300 SF
Year Built

1979
For Sale

$500,000
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Newport Crossing

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

Retail

194,000 SF
Availability

4 Spaces

23,392 SF
Year Built

1990
For Lease Contact for pricing
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Patrick Henry Mall

12300 Jefferson Avenue, Village Green, Newport News, VA
Property

Retail

502,300 SF
Availability

1 Space

8,200 SF
Year Built

1987
For Lease Contact for pricing
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950 Omni Boulevard

950 Omni Boulevard, Oyster Point City Center, Newport News, VA
Property

VacantLand
For Sale

$800,000
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Oyster Point Square

11710 Jefferson Ave, Bernard Village, Newport News, VA
Property

Retail
Availability

1 Space

83,089 SF
For Lease Contact for pricing
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Richneck Shopping Center

12917 Jefferson Avenue, Charter Elm - Hanover Heights, Newport News, VA
Property

Retail

63,945 SF
Availability

1 Space

2,040 SF
Year Built

1988
For Lease Contact for pricing
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11049 Warwick Blvd

11049 Warwick Blvd, Nelson Place - Cedar Grove, Newport News, VA
Property

Retail

5,400 SF
Availability

1 Space

5,400 SF
Year Built

1968
For Lease Contact for pricing
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1060 Loftis Boulevard

1060 Loftis Boulevard, Port Warwick, Newport News, VA
Property

Office

715 SF
For Sale

$120,000
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11864 Canon Blvd

11864 Canon Blvd, Wendwood, Newport News, VA
Property

Industrial

38,000 SF
Availability

1 Space

5,160 SF
Year Built

1991
For Lease

$14.50/SF/YR
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11234 Jefferson Ave

11234 Jefferson Ave, Morrison, Newport News, VA
Property

Office

12,000 SF
Availability

1 Space

5,932 SF
Year Built

2010
For Lease

$18.00/SF/YR
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Jefferson Crossing

12705 Jefferson Ave, Turnberry, Newport News, VA
Property

Retail
Availability

1 Space

6,067 SF
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
Availability

1 Space

1.42 Acre
For Lease Contact for pricing
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Former Restaurant Building in Highly Desirable Retail Corridor

12580 Jefferson Ave, Newport News - Williamsburg Airport, Newport News, VA
Property

Retail
Availability

1 Space

7,078 SF
Year Built

2003
For Lease Contact for pricing
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Turnberry Crossing

12638 Jefferson Ave, Newport News - Williamsburg Airport, Newport News, VA
Property

Retail
Availability

1 Space

53,775 SF
For Lease Contact for pricing
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Jefferson Shoppes Shopping Center

13175 Jefferson Ave, Jones Run, Newport News, VA
Property

Retail

21,240 SF
Availability

1 Space
Year Built

2006
For Lease Contact for pricing
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12998 Warwick Blvd

12998 Warwick Blvd, Wendwood, Newport News, VA
Property

VacantLand

0.67 SF
Availability

1 Space

0.67 SF
For Lease

$55,000.00/YR
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11836 Canon Blvd

11836 Canon Blvd, Oyster Point City Center, Newport News, VA
Property

Industrial

2,000 SF
Availability

1 Space

2,000 SF
Year Built

1985
For Lease

$11.25/SF/YR
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11076 Warwick Blvd

11076 Warwick Blvd, Dutch Village, Newport News, VA
Property

Retail

36,185 SF
Year Built

2017
For Sale 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 701,739 square feet of office space across 34 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 1,150 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 1,698,005 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 207,972 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 683,319 square feet of available listings. Office space available in Newport News adds up to 293,191 square feet.

Meanwhile, most of the listings of commercial property for sale in Newport News are in the Retail 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 $15.93 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 Snidow.

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 $20 per square foot. In particular, the property type commanding the highest lease rates in Newport News was Retail space.

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 31,898 square feet.
Retail properties here incorporate an average of 84,901 square feet.
Industrial space in Newport News is in buildings that are, on average 23,108 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 1,287,465 square feet. The market offers 29 active office listing(s), which amount to 288,959 square feet and account for 44% of commercial spaces on the market. Local retail availability includes 677,033 square feet across 25 retail space(s). Industrial space for rent opportunities in Newport News amount to 110,934 square feet across a total of 8 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	29	288,959
Retail	25	677,033
Industrial	8	110,934
Other	3	210,539

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 108,543 square feet of commercial property for sale here , which includes 4 office building(s) for sale , 7 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	4	18,360
Retail	7	67,765
Industrial	1	9,906
Other	11	12,512

Newport News, VA Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Newport News, VA?

What factors affect the price of commercial real estate in Newport News, VA?

What is the average rent for commercial space in Newport News, VA?

What are the best areas for commercial real estate in Newport News, VA?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Newport News, VA?

Newport News, VA Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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