5100 Kilgore Ave - Freestanding FOR SALE


Hampton, VA 23666
$3,545,000 USD
703-559-7190
5100 Kilgore Ave, Hampton, VA for Sale
$3,545,000 USD
Freestanding - FOR SALE
1/10
null | 9% Cap Rate

5100 Kilgore Ave
Hampton, VA 23666


HIGHLIGHTS

  • Shops At Peninsula Town Center | Irreplaceable Tenant Base | Parking Lot & First Floor Condo Interest | Below Replacement Cost
  • Live / Work / Play Center of Gravity | 1.5 M SF Open Air Lifestyle Center
  • Ideal Location | Highway Frontage And Visibility
  • Numerous Recently Completed Additional Developments
  • Unique Shopping Center Destination | 7.1 Million Annual Visits
  • Hampton Roads Market | Largest Concentration Of Military Bases | And Facilities Of Any Metropolitan Area In The World

OVERVIEW

SRS Capital Markets is pleased to present the rare opportunity to acquire the condo interest in Shops at Peninsula Town Center (Bldg F) - First Floor, a high-quality retail center located in Hampton, VA. The offering includes parking lot and the first floor of the larger Peninsula Town Center Building F, which is fully occupied and spans 31,906 SF. The property is anchored by Barnes & Noble, with two small tenants Mr. Fix, and The Skinny Dip. Barnes & Noble has just signed a 5-year extesnion to 3/30/2030. The second floor of the building, not part of the offering, is fully leased by Bryant & Stratton College. The subject property benefits from its adjacency to JCPenney, Target and numerous other national/credit tenants in the center, which promotes crossover traffic between the anchor and the existing tenant lineup.

FOR SALE DETAILS

PRICE

$3,545,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Peninsula Town Ctr F | Below Replacement Cost

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

14 C-2 LIM

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Edward LaycoxSRS Real Estate PartnersMore Info
703-559-7190

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Edward LaycoxSRS Real Estate PartnersMore Info
703-559-7190

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.