760 Pilot House Drive Newport News, VA
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For Sale/Lease 760 Pilot House Drive Oyster Point Business Park Newport News, Virginia FOR ADDITIONAL INFORMATION, PLEASE CONTACT: Campana Waltz Commercial Real Estate, LLC Ron A. Campana, Jr. and Vince Campana 11832 Fishing Point Drive, Suite 400 Newport News, Virginia 23606 757.327.0333 [email protected] / [email protected] www.CampanaWaltz.com This information was obtained from sources deemed to be reliable but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice. FOR SALE / LEASE 760 Pilot House Drive Oyster Point Business Park Newport News, Virginia Location: 760 Pilot House Drive Newport News, Virginia 23606 Description: 10,640 Foot Office Building which is centrally located. The Property exemplifies a modern designed interior and exterior and features mezzanine levels with front view and operable windows. The Property is centrally located in Oyster Point Business Park, in Newport News, Virginia. Newport News is the largest city on the Hampton Roads Peninsula positioned along I-64 between the Richmond Metro Area and the cities of Virginia Beach and Norfolk. Building Size: Approximately 10,640 Square Feet Sales Price: $1,550,000.00 ($145.68/ Square Foot) Projected NOI: 8.4% Lease Rate: $15.00 / Square Foot (Rental rate is inclusive of Utilities, Condominium Fees, and Real Estate Taxes). Available Suites: Suite D: 2,080 SF Suite E: 2,660 SF Total: 4,740 SF (Available Contiguous Space) Parking: Ample Built: 2003 Land Acreage: 1.31 Zoning: C-4 Oyster Point Business District. Multiple allowable uses by right. General Information: ➢ Rare opportunity ➢ Well established area Also included: ➢ Floor Plan ➢ Site Plan ➢ Additional Pictures ➢ Aerial Maps ➢ Location Map ➢ Demographic Information For Additional Information, Please Contact: Ron A. Campana, Jr. and Vince Campana Campana Waltz Commercial Real Estate, LLC 11832 Fishing Point Drive, Suite 400 Newport News, Virginia, 23606 757.327.0333 [email protected] / [email protected] www.CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted. This offer subject to errors and omissions or withdrawal without notice. 760 Pilot House Drive Newport News, Virginia First Floor Plan Not to scale. For illustration purposes only. This information was obtained from sources deemed to be reliable but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice. 760 Pilot House Drive Newport News, Virginia Second Floor Plan Not to scale. For illustration purposes only. This information was obtained from sources deemed to be reliable but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice. 760 Pilot House Drive, Newport News, Virginia This information was obtained from sources deemed to be reliable but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice. 760 Pilot House Drive Newport News, Virginia This information was obtained from sources deemed to be reliable but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice. 760 Pilot House Drive Newport News, Virginia This information was obtained from sources deemed to be reliable but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice. 760 Pilot House Drive, Newport News, Virginia This information was obtained from sources deemed to be reliable but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice. 760 Pilot House Drive Newport News, Virginia This information was obtained from sources deemed to be reliable but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice. 760 Pilot House Drive, Newport News, Virginia This information was obtained from sources deemed to be reliable but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice. Traffic Count Report 760 Pilot House Dr, Newport News, VA 23606 Building Type: Class B Office Class: B RBA: 10,640 SF Typical Floor: 5,320 SF Total Available: 1,884 SF % Leased: 82.29% Rent/SF/Yr: $15.00 Count Avg Daily Volume Miles from Street Cross Street Cross Str Dist Year Volume Type Subject Prop 1 Thimble Shoals Blvd Pilot House Dr 0.03 NW 2018 7,666 MPSI .16 2 Thimble Shoals Blvd Canon Blvd 0.04 NW 2018 15,791 MPSI .16 3 Thimble Shoals Blvd Canon Blvd 0.03 NW 2018 14,331 MPSI .17 4 Thimble Shoals Blvd Pilot House Dr 0.06 NW 2018 7,241 MPSI .18 5 Canon Blvd Triton Ct 0.04 N 2018 17,408 MPSI .22 6 Pilot House Dr Ships Lndg 0.03 W 2018 4,488 MPSI .26 7 Diligence Dr Rock Landing Dr 0.07 E 2018 16,594 MPSI .30 8 Diligence Dr Rock Landing Dr 0.04 E 2018 12,407 MPSI .32 9 J Clyde Morris Blvd Thimble Shoals Blvd 0.03 NE 2018 39,137 MPSI .36 10 J Clyde Morris Blvd Rumson Ave 0.06 NE 2018 38,058 MPSI .49 4/2/2020 Copyrighted report licensed to Campana Waltz - 465013. Page 1 Demographic Trend Report 1 Mile Radius 760 Pilot House Dr, Newport News, VA 23606 Building Type: Class B Office Total Available: 1,884 SF Class: B % Leased: 82.29% RBA: 10,640 SF Rent/SF/Yr: $15.00 Typical Floor: 5,320 SF Description 2010 2019 2024 Population 10,959 11,085 11,037 Age 0 - 4 799 7.29% 863 7.79% 821 7.44% Age 5 - 9 554 5.06% 721 6.50% 787 7.13% Age 10 - 14 488 4.45% 572 5.16% 681 6.17% Age 15 - 19 532 4.85% 562 5.07% 589 5.34% Age 20 - 24 1,360 12.41% 774 6.98% 617 5.59% Age 25 - 29 1,450 13.23% 1,056 9.53% 776 7.03% Age 30 - 34 944 8.61% 1,057 9.54% 920 8.34% Age 35 - 39 671 6.12% 916 8.26% 938 8.50% Age 40 - 44 632 5.77% 671 6.05% 827 7.49% Age 45 - 49 708 6.46% 618 5.58% 687 6.22% Age 50 - 54 639 5.83% 649 5.85% 620 5.62% Age 55 - 59 523 4.77% 675 6.09% 612 5.54% Age 60 - 64 390 3.56% 555 5.01% 581 5.26% Age 65 - 69 318 2.90% 419 3.78% 492 4.46% Age 70 - 74 269 2.45% 329 2.97% 379 3.43% Age 75 - 79 223 2.03% 241 2.17% 278 2.52% Age 80 - 84 197 1.80% 186 1.68% 194 1.76% Age 85+ 262 2.39% 221 1.99% 238 2.16% Age 15+ 9,118 83.20% 8,929 80.55% 8,748 79.26% Age 20+ 8,586 78.35% 8,367 75.48% 8,159 73.92% Age 65+ 1,269 11.58% 1,396 12.59% 1,581 14.32% Median Age 32 35 37 Average Age 35.50 36.60 37.40 Population By Race 10,959 11,085 11,037 White 6,561 59.87% 6,281 56.66% 6,060 54.91% Black 3,543 32.33% 3,826 34.52% 3,951 35.80% Am. Indian & Alaskan 63 0.57% 63 0.57% 58 0.53% Asian 324 2.96% 415 3.74% 440 3.99% Hawaiian & Pacific Islander 45 0.41% 46 0.41% 45 0.41% Other 411 3.75% 453 4.09% 484 4.39% 4/2/2020 Copyrighted report licensed to Campana Waltz - 465013. Page 2 Demographic Trend Report 1 Mile Radius 760 Pilot House Dr, Newport News, VA 23606 Description 2010 2019 2024 Population by Race (Hispanic) 1,311 1,503 1,602 White 891 67.96% 1,036 68.93% 1,110 69.29% Black 273 20.82% 304 20.23% 318 19.85% Am. Indian & Alaskan 30 2.29% 30 2.00% 28 1.75% Asian 12 0.92% 13 0.86% 16 1.00% Hawaiian & Pacific Islander 32 2.44% 33 2.20% 34 2.12% Other 73 5.57% 87 5.79% 96 5.99% Household by Household Income 5,054 5,276 5,286 <$25,000 1,156 22.87% 1,106 20.96% 1,119 21.17% $25,000 - $50,000 1,615 31.95% 1,293 24.51% 1,241 23.48% $50,000 - $75,000 1,116 22.08% 1,286 24.37% 1,292 24.44% $75,000 - $100,000 711 14.07% 651 12.34% 638 12.07% $100,000 - $125,000 204 4.04% 383 7.26% 400 7.57% $125,000 - $150,000 124 2.45% 85 1.61% 78 1.48% $150,000 - $200,000 60 1.19% 304 5.76% 337 6.38% $200,000+ 68 1.35% 168 3.18% 181 3.42% Average Household Income $54,986 $69,286 $70,862 Median Household Income $46,432 $55,506 $56,919 4/2/2020 Copyrighted report licensed to Campana Waltz - 465013. Page 3 Demographic Summary Report 760 Pilot House Dr, Newport News, VA 23606 Building Type: Class B Office Total Available: 1,884 SF Class: B % Leased: 82.29% RBA: 10,640 SF Rent/SF/Yr: $15.00 Typical Floor: 5,320 SF Radius 1 Mile 3 Mile 5 Mile Population 2024 Projection 11,037 77,809 160,041 2019 Estimate 11,085 78,603 162,635 2010 Census 10,959 81,343 172,184 Growth 2019 - 2024 -0.43% -1.01% -1.59% Growth 2010 - 2019 1.15% -3.37% -5.55% 2019 Population by Hispanic Origin 1,503 6,516 12,300 2019 Population 11,085 78,603 162,635 White 6,281 56.66% 49,829 63.39% 93,751 57.65% Black 3,826 34.52% 21,438 27.27% 54,093 33.26% Am.