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Newmarket Fair Redevelopment 5200 W Mercury Blvd 245,000 SF 100% Leased Retail Building Newport News, VA 23605 For Sale
INVESTMENT HIGHLIGHTS
- Positioned at the center of major employers and economic drivers
- Offices at Net Center & 100,000 SF new self-storage facility directly connected to the site
- Major interstate access and close proximity to Newport News/Williamsburg International Airport
- Less than 1 mile from James River Bridge; less than 3 miles from I-64 & I-664, which are the only 3 roadways connecting the Southside and Peninsula
EXECUTIVE SUMMARY
- 100,000 SF former Sears box space available
- Small Shops development potential!
- Available Parcels:
- Parcel #2 - +/- 1 acre
- Parcel #3 - UNDER CONTRACT
- Small Shops development potential!
- Available Parcels:
- Parcel #2 - +/- 1 acre
- Parcel #3 - UNDER CONTRACT
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
245,000 SF
Building Class
B
Year Built
1974
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
3 Exterior
Building FAR
0.20
Lot Size
28.03 AC
Zoning
14 C-2 LIM
Frontage
968’ on W Mercury Blvd
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Signalized Intersection
- Energy Star Labeled
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Owner will consider subdividing.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 17,574 SF | Retail | End Cap | 30 Days |
1st Floor
| Size |
| 17,574 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
1st Floor
| Size | 17,574 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | 30 Days |
Owner will consider subdividing.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3002532 | Improvements Assessment | $1,594,259 CAD |
| Land Assessment | $606,484 CAD | Total Assessment | $2,200,743 CAD |
PROPERTY TAXES
Parcel Number
3002532
Land Assessment
$606,484 CAD
Improvements Assessment
$1,594,259 CAD
Total Assessment
$2,200,743 CAD
CONTACTS
-
Jay O'Donnell -
Jeffrey Fritz -
Tyler Brooks -
Ned Brooks -
Patrick Mugler -
Colliers | Virginia
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Newmarket Fair Redevelopment | 5200 W Mercury Blvd
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