For Sale $1,125,000...Newport News, Virginia 23606 757.327.0333 [email protected] This...

Campana Waltz Commercial Real Estate, LLC

Tom Waltz

11832 Fishing Point Drive, Suite 400

Newport News, Virginia 23606

757.327.0333

[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 ADDITIONAL INFORMATION, PLEASE CONTACT:

For Sale

$1,125,000.005033 George Washington Memorial Highway

York County, Virginia

mailto:[email protected]

http://www.campanawaltz.com/

FOR SALE 5033 George Washington Memorial Highway


$1,125,000.00

Location: 5033 George Washington Memorial Highway, York County

Description: The Property is an attractive two building office/medical facility located

on Route 17.

Square Footage: Building A: 2,935 SF available

Building B: 1st Floor: 3,000 SF (leased) – approximately 6 years

remaining on 10 year lease term. Gross rent

for the balance of the lease term is

$309,747.84 as of September 1, 2018

2nd Floor: 2,700 SF available (can be subdivided)

Total Building Square Footage: 8,635 square feet

Land Area: 1.09 acres

Parking: Ample

Traffic Count: 35,000

Zoning: GB – General Business. Multiple allowable uses by right are attached in

the marketing package.

General Information: Rare opportunity – office or medical space with great access and

visibility along Route 17 in a well-established area surrounded by

numerous retailers and solid residential neighborhoods.

Also included:

Aerial Maps

Location Map

For Additional Information, Please Contact:

Tom Waltz


11832 Fishing Point Drive, Suite 400

Newport News, Virginia, 23606

757.327.0333

[email protected]

www.CampanaWaltz.com


This offer subject to errors and omissions or withdrawal without notice.

mailto:[email protected]

http://www.campanawaltz.com/



For Sale5033 George Washington Memorial Highway


$1,125,000.00



5033 George Washington Memorial Highway

Yorktown, Virginia



5033 A George Washington Memorial Highway

Yorktown, VA

Approximately 2,935 square feet

As Built Floor Plan for 5033 A George Washington Memorial Highway

(office building closest to Route 17)



5033 George Washington Memorial Highway

Yorktown, Virginia

Demographic and Income Profile5033 George Washington Memorial Hwy, Yorktown, Virginia, 23692

Prepared by Janice Lewis, CCIMDrive Time: 5 minute radius Latitude: 37.15502

Longitude: -76.46183

Summary Census 2010 2018 2023Population 10,547 10,775 11,039Households 4,171 4,268 4,373Families 3,050 3,096 3,160Average Household Size 2.52 2.51 2.51Owner Occupied Housing Units 3,321 3,211 3,341Renter Occupied Housing Units 850 1,057 1,032Median Age 42.0 45.3 46.9

Trends: 2018 - 2023 Annual Rate Area State NationalPopulation 0.49% 0.83% 0.83%Households 0.49% 0.78% 0.79%Families 0.41% 0.70% 0.71%Owner HHs 0.80% 1.08% 1.16%Median Household Income 1.87% 2.81% 2.50%

2018 2023 Households by Income Number Percent Number Percent

<$15,000 159 3.7% 138 3.2%$15,000 - $24,999 224 5.2% 190 4.3%$25,000 - $34,999 330 7.7% 283 6.5%$35,000 - $49,999 495 11.6% 457 10.5%$50,000 - $74,999 680 15.9% 658 15.0%$75,000 - $99,999 673 15.8% 673 15.4%$100,000 - $149,999 987 23.1% 1,112 25.4%$150,000 - $199,999 420 9.8% 466 10.7%$200,000+ 300 7.0% 395 9.0%

Median Household Income $82,428 $90,440Average Household Income $97,934 $112,043Per Capita Income $38,865 $44,454

Census 2010 2018 2023 Population by Age Number Percent Number Percent Number Percent

0 - 4 471 4.5% 436 4.0% 446 4.0%5 - 9 683 6.5% 517 4.8% 509 4.6%10 - 14 814 7.7% 665 6.2% 590 5.3%15 - 19 830 7.9% 697 6.5% 617 5.6%20 - 24 488 4.6% 553 5.1% 476 4.3%25 - 34 1,018 9.7% 1,154 10.7% 1,226 11.1%35 - 44 1,418 13.4% 1,324 12.3% 1,386 12.6%45 - 54 1,918 18.2% 1,667 15.5% 1,541 14.0%55 - 64 1,350 12.8% 1,690 15.7% 1,758 15.9%65 - 74 934 8.9% 1,253 11.6% 1,421 12.9%75 - 84 494 4.7% 612 5.7% 813 7.4%

85+ 129 1.2% 208 1.9% 256 2.3%Census 2010 2018 2023

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 8,914 84.5% 8,863 82.2% 8,877 80.4%Black Alone 710 6.7% 724 6.7% 740 6.7%American Indian Alone 29 0.3% 30 0.3% 32 0.3%Asian Alone 450 4.3% 548 5.1% 636 5.8%Pacific Islander Alone 8 0.1% 17 0.2% 22 0.2%Some Other Race Alone 144 1.4% 215 2.0% 282 2.6%Two or More Races 292 2.8% 379 3.5% 450 4.1%

Hispanic Origin (Any Race) 399 3.8% 642 6.0% 858 7.8%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023.

July 18, 2018

©2018 Esri Page 1 of 6




AreaStateUSA

Trends 2018-2023Trends 2018-2023

Ann

ual R

ate

(in

perc

ent) 2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20182023

Population by AgePopulation by Age

Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2018 Household Income 2018 Household Income

<$15K3.7%

$15K - $24K5.2%

$25K - $34K7.7%

$35K - $49K11.6%

$50K - $74K15.9%

$75K - $99K15.8%

$100K - $149K23.1%

$150K - $199K9.8%

$200K+7.0%

2018 Population by Race2018 Population by Race

Perc

ent

80

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+

2018 Percent Hispanic Origin: 6.0%


July 18, 2018





Summary Census 2010 2018 2023Population 61,968 64,710 66,662Households 24,280 25,281 26,007Families 17,484 18,103 18,588Average Household Size 2.53 2.54 2.54Owner Occupied Housing Units 16,253 15,994 16,760Renter Occupied Housing Units 8,027 9,288 9,247Median Age 37.7 39.4 40.5



<$15,000 1,224 4.8% 1,039 4.0%$15,000 - $24,999 1,212 4.8% 1,035 4.0%$25,000 - $34,999 1,636 6.5% 1,420 5.5%$35,000 - $49,999 3,095 12.2% 2,824 10.9%$50,000 - $74,999 5,047 20.0% 4,851 18.7%$75,000 - $99,999 3,629 14.4% 3,725 14.3%$100,000 - $149,999 5,049 20.0% 5,795 22.3%$150,000 - $199,999 2,503 9.9% 2,813 10.8%$200,000+ 1,885 7.5% 2,506 9.6%



0 - 4 3,914 6.3% 3,734 5.8% 3,858 5.8%5 - 9 4,379 7.1% 3,989 6.2% 3,937 5.9%10 - 14 4,598 7.4% 4,257 6.6% 4,031 6.0%15 - 19 4,423 7.1% 3,998 6.2% 3,822 5.7%20 - 24 3,751 6.1% 3,745 5.8% 3,505 5.3%25 - 34 7,858 12.7% 9,001 13.9% 9,106 13.7%35 - 44 8,183 13.2% 7,956 12.3% 8,926 13.4%45 - 54 10,075 16.3% 8,722 13.5% 7,982 12.0%55 - 64 7,104 11.5% 8,785 13.6% 8,845 13.3%65 - 74 4,298 6.9% 6,207 9.6% 7,177 10.8%75 - 84 2,353 3.8% 2,976 4.6% 3,945 5.9%

85+ 1,031 1.7% 1,342 2.1% 1,527 2.3%Census 2010 2018 2023

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 44,247 71.4% 44,678 69.0% 44,854 67.3%Black Alone 10,982 17.7% 11,398 17.6% 11,608 17.4%American Indian Alone 229 0.4% 247 0.4% 261 0.4%Asian Alone 3,039 4.9% 3,830 5.9% 4,468 6.7%Pacific Islander Alone 93 0.2% 163 0.3% 207 0.3%Some Other Race Alone 998 1.6% 1,404 2.2% 1,773 2.7%Two or More Races 2,380 3.8% 2,990 4.6% 3,491 5.2%

Hispanic Origin (Any Race) 3,242 5.2% 4,798 7.4% 6,181 9.3%Data Note: Income is expressed in current dollars.


July 18, 2018





AreaStateUSA

Trends 2018-2023Trends 2018-2023

Ann

ual R

ate

(in

perc

ent) 2.5

2

1.5

1

0.5


20182023


Perc

ent

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K4.8%

$15K - $24K4.8%

$25K - $34K6.5%

$35K - $49K12.2%

$50K - $74K20.0%

$75K - $99K14.4%

$100K - $149K20.0%

$150K - $199K9.9%

$200K+7.5%


Perc

ent

65605550454035302520151050

White Black Am. Ind. Asian Pacific Other Two+



July 18, 2018





Summary Census 2010 2018 2023Population 169,109 177,707 182,587Households 65,752 68,853 70,686Families 44,817 46,354 47,346Average Household Size 2.53 2.53 2.53Owner Occupied Housing Units 38,087 37,802 39,403Renter Occupied Housing Units 27,665 31,051 31,283Median Age 33.7 35.2 36.4



<$15,000 5,428 7.9% 4,705 6.7%$15,000 - $24,999 4,976 7.2% 4,357 6.2%$25,000 - $34,999 5,959 8.7% 5,268 7.5%$35,000 - $49,999 9,662 14.0% 8,966 12.7%$50,000 - $74,999 14,001 20.3% 13,790 19.5%$75,000 - $99,999 9,656 14.0% 10,275 14.5%$100,000 - $149,999 10,930 15.9% 13,093 18.5%$150,000 - $199,999 4,747 6.9% 5,550 7.9%$200,000+ 3,494 5.1% 4,684 6.6%



0 - 4 12,078 7.1% 11,592 6.5% 11,973 6.6%5 - 9 11,675 6.9% 11,411 6.4% 11,297 6.2%10 - 14 11,695 6.9% 11,361 6.4% 11,161 6.1%15 - 19 12,126 7.2% 11,161 6.3% 11,097 6.1%20 - 24 14,351 8.5% 13,669 7.7% 13,268 7.3%25 - 34 25,647 15.2% 29,109 16.4% 28,857 15.8%35 - 44 21,791 12.9% 22,419 12.6% 25,165 13.8%45 - 54 25,502 15.1% 22,041 12.4% 20,411 11.2%55 - 64 17,239 10.2% 21,526 12.1% 21,413 11.7%65 - 74 9,784 5.8% 14,216 8.0% 16,558 9.1%75 - 84 5,211 3.1% 6,570 3.7% 8,431 4.6%

85+ 2,009 1.2% 2,631 1.5% 2,956 1.6%Census 2010 2018 2023

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 100,793 59.6% 101,674 57.2% 101,614 55.7%Black Alone 48,548 28.7% 51,037 28.7% 51,904 28.4%American Indian Alone 749 0.4% 786 0.4% 810 0.4%Asian Alone 6,836 4.0% 8,591 4.8% 9,888 5.4%Pacific Islander Alone 313 0.2% 433 0.2% 513 0.3%Some Other Race Alone 4,520 2.7% 6,008 3.4% 7,263 4.0%Two or More Races 7,349 4.3% 9,178 5.2% 10,595 5.8%

Hispanic Origin (Any Race) 12,693 7.5% 17,405 9.8% 21,545 11.8%Data Note: Income is expressed in current dollars.


July 18, 2018





AreaStateUSA

Trends 2018-2023Trends 2018-2023

Ann

ual R

ate

(in

perc

ent) 2.5

2

1.5

1

0.5


20182023


Perc

ent

16

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K7.9%

$15K - $24K7.2%

$25K - $34K8.7%

$35K - $49K14.0%

$50K - $74K20.3%

$75K - $99K14.0% $100K - $149K

15.9%

$150K - $199K6.9%

$200K+5.1%


Perc

ent

55

50

45

40

35

30

25

20

15

10

5

0White Black Am. Ind. Asian Pacific Other Two+



July 18, 2018


AGENCY DISCLOSURE

In a real estate transaction, when the Agent represents the:

Seller/Landlord:

then an Agent under a listing agreement with a seller acts as the agent for the seller. The

listing company and all of its broker/agents, and the selling company and all of its agents

as subagents of the seller, would owe their fiduciary duties to the seller. The broker and

broker's agents may still provide buyer/tenants, as customers, with information about

properties and available financing, may show them properties, and may assist them in

preparing an offer to purchase, option or lease a particular property.

Buyer/Tenant:

then an Agent under a contract with a buyer acts as the agent for that buyer only, as a

"Buyer/Broker/Agent," and the Agent is not the seller's agent, even if the Purchase

Contract provides that the Seller or the Listing Broker will pay the Agent for the services

rendered to the buyer/tenant. An Agent acting as the buyer's/tenant's agent must disclaim

sub agency if offered and must disclose the Buyer/Tenant Broker/Agent relationship when

dealing with the seller's/landlord's Agent or the Seller/Landlord. The Buyer/Tenant

Broker/Agent owes its fiduciary duties to the buyer/tenant.

Buyer and Seller (Acting as a Dual Agent):

then an Agent, either acting directly or through one or more of the brokerage firm's other

Agents, may be the Agent of both the buyer and the seller, but only if the scope of the

agency is limited by a written agreement and only with the express knowledge and written

consent of both the buyer and the seller. An Agent representing both the buyer and the

seller must disclose all information regarding the agency relationship, including the

limitation on the Agent's ability to represent either party folly and exclusively. The Agent

must not disclose to either party, without the prior consent of the party adversely affected

by the disclosure, any information obtained within the confidentiality and trust of the

fiduciary relationship. As an example, the Agent must not tell the buyer that the seller

will accept a price lower than the listing price, nor tell the seller that the buyer will pay a

price offered, without the prior consent of the party adversely affected by the disclosure.

Campana Waltz Commercial Real Estate, LLC is the Listing Broker, Buyer Broker,

Dual Agent for the property submitted in this information package.

Acknowledged by:


For Sale $1,125,000...Newport News, Virginia 23606 757.327.0333 [email protected] This...

Documents

Transcript of For Sale $1,125,000...Newport News, Virginia 23606 757.327.0333 [email protected] This...