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Riverdale Plaza Shopping Center 1056-1088 W Mercury Blvd 1,200 - 59,275 SF of Retail Space Available in Hampton, VA 23666
HIGHLIGHTS
- The project encompasses over 52 acres and will include over 450,000 sq.ft. of retail space. Available spaces range from 60,000 to 750 sq.ft.
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200-6,000 SF | Negotiable | $55.84 CAD/SF/YR $4.65 CAD/SF/MO $335,021 CAD/YR $27,918 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 40,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 1078 | 4,000 SF | Negotiable | $34.90 CAD/SF/YR $2.91 CAD/SF/MO $139,592 CAD/YR $11,633 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1114-A | 5,950 SF | Negotiable | $32.11 CAD/SF/YR $2.68 CAD/SF/MO $191,032 CAD/YR $15,919 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1114-B | 2,825 SF | Negotiable | $36.29 CAD/SF/YR $3.02 CAD/SF/MO $102,530 CAD/YR $8,544 CAD/MO | Triple Net (NNN) |
1056-1088 W Mercury Blvd - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Space is in Excellent Condition
1056-1088 W Mercury Blvd - 1st Floor
- Partially Built-Out as Standard Retail Space
- Space is in Excellent Condition
- 1 Loading Dock
1056-1088 W Mercury Blvd - 1st Floor - Ste 1078
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
1110-1120 W Mercury Blvd - 1st Floor - Ste 1114-A
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
1110-1120 W Mercury Blvd - 1st Floor - Ste 1114-B
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT RIVERDALE PLAZA SHOPPING CENTER
- A.B.C. Liquor
- At Home
- Ferguson's Shoe Repair Shop
- Goodmans
- Jo-Ann Fabric and Craft Stores
- Planet Fitness
PROPERTY FACTS
| Total Space Available | 59,275 SF | Center Properties | 16 |
| Min. Divisible | 1,200 SF | Frontage | 1,448’ on W Mercury Blvd |
| Center Type | Power Center | Gross Leasable Area | 421,793 SF |
| Parking | 2791 Spaces | Total Land Area | 62.52 AC |
| Stores | 27 | Year Built | 1962 |
| Total Space Available | 59,275 SF |
| Min. Divisible | 1,200 SF |
| Center Type | Power Center |
| Parking | 2791 Spaces |
| Stores | 27 |
| Center Properties | 16 |
| Frontage | 1,448’ on W Mercury Blvd |
| Gross Leasable Area | 421,793 SF |
| Total Land Area | 62.52 AC |
| Year Built | 1962 |
ABOUT THE PROPERTY
Riverpointe Shopping Center is located in Hampton, VA in the Coliseum Central District. The center is adjacent to Interstate 64 and fronts West Mercury Blvd., which serves as a major thoroughfare and retail corridor for the city of Hampton. Class A redevelopment that will include a 100,000 sq.ft. Kroger, 90,000 sq.ft. At Home,40,000 sq.ft. Conns, and other junior anchor tenants. The project encompasses over 52 acres and will include over 450,000 sq.ft. of retail space. Available spaces range from 60,000 to 750 sq.ft.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Riverdale Plaza Shopping Center | 1056-1088 W Mercury Blvd
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