3327 West Mercury Boulevard
Hampton, VA
Price:
$6,035,000
Cap Rate:
5.00%
NOI:
$301,743
Building Size:
Approx. 4,088 Sq. Ft.
Lot Size:
Approx. 0.88 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2023
Investment Overview
- 2023 Construction. 4,088+/- SF Building on 0.88+/- Acre Site
- Brand New 15 Year Corporate Absolute NNN Lease w/ Rare 10% Rental Increases
- Hard Corner Signalized Location at the Intersection of W Mercury Blvd. & Big Bethel Rd (Combined 53K VPD)
- Subject Property Located Within 3 Miles of Langley Air Force Base (More than 9K Military Personnel & Civilians)
- Near Newport News Shipbuilding, a Division of Huntington Ingalls Industries (Largest Industrial Employer in Virginia)
- Strategically Located Within a Strong Retail Corridor Near Walmart, Target, Walgreens, etc.
- Hampton | One of the Most Technology-Advanced Cities in the Nation | Population: 137,000+
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