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5005-5015 W Mercury Blvd 1,500 SF of Retail Space Available in Newport News, VA 23605
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500 SF | Negotiable | $21.78 CAD/SF/YR $1.81 CAD/SF/MO $32,668 CAD/YR $2,722 CAD/MO | Triple Net (NNN) |
5005-5015 W Mercury Blvd - 1st Floor
- Lease rate does not include utilities, property expenses or building services
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 5005-5015 W Mercury Blvd, Newport News, VA 23605
- Tenant
- Description
- US Locations
- Reach
- Afro Caribbean Groceries
- Retailer
- 1
- -
- Carpet Gallery Carpet One Floor & Home
- Retailer
- 1
- -
- CBD Emporium
- Health & Beauty Aids
- 2
- Local
- Epic Vapor, LLC
- Retailer
- 1
- -
- Floor Trader
- Pet Shop/Supplies
- 1
- -
- Regal Nail Salon & Spa
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Afro Caribbean Groceries | Retailer | 1 | - |
| Carpet Gallery Carpet One Floor & Home | Retailer | 1 | - |
| CBD Emporium | Health & Beauty Aids | 2 | Local |
| Epic Vapor, LLC | Retailer | 1 | - |
| Floor Trader | Pet Shop/Supplies | 1 | - |
| Regal Nail Salon & Spa | - | 1 | - |
Property Facts
| Total Space Available | 1,500 SF | Frontage | 22’ on Mercury |
| Center Type | Strip Center | Gross Leasable Area | 21,043 SF |
| Parking | 79 Spaces | Total Land Area | 1.50 AC |
| Center Properties | 1 | Year Built | 1984 |
| Total Space Available | 1,500 SF |
| Center Type | Strip Center |
| Parking | 79 Spaces |
| Center Properties | 1 |
| Frontage | 22’ on Mercury |
| Gross Leasable Area | 21,043 SF |
| Total Land Area | 1.50 AC |
| Year Built | 1984 |
About the Property
Located at the signalized intersection of W. Mercury Boulevard and Jefferson Avenue, this high-visibility site sits in the heart of Hampton’s most active commercial corridor. With multiple ingress/egress points—including two direct entrances from Mercury Blvd and one from the adjacent side street—this location offers seamless access for high daily traffic volumes. Surrounded by a dense mix of national brands and essential services, the area draws consistent consumer flow from nearby anchors such as 7-Eleven, Hardee’s, Valvoline, and 1st Advantage Credit Union. Just minutes away, major retail hubs including The Plaza at Newmarket, Newmarket South Shopping Center, and Hampton Plaza further boost the regional draw. Positioned directly across from the Net Center—a major employment hub—this site benefits from a strong daytime population, while its proximity to Huntington Beach, the James River Fishing Pier, and Riverside Regional Medical Center adds additional traffic from both residents and visitors. Convenient access to I-64 ensures regional connectivity, making this a strategic location for retailers and service providers looking to tap into a high-demand, high-exposure submarket with proven longevity. Total Building Size: 21,000 SF Population 1 mi.: 12,460 3 mi.: 79,043 5 mi.: 158,223 Average Household Income 1 mi.: $80,192 3 mi.: $92,412 5 mi.: $94,173 Traffic Counts W. Mercury Blvd. - 51,306 VPD Jefferson Ave. - 47,939 VPD Warkwick Blvd. - 24,313 VPD
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
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5005-5015 W Mercury Blvd
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