7-Eleven Hampton, VA

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+