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Retail Outparcel for Lease
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1123 W Mercury Blvd, Hampton, VA 23666

Outparcel site positioned across from Peninsula Town Center, supported by major nearby retailers and strong traffic counts.

Lot Size0.92 Acres
Days on Market59

Property Features for 1123 W Mercury Blvd

General Information

Standard status Active
Lot size 0.92 Acres
Property subtype Land, Outparcel, or Pad

Additional Details

Traffic Count 47,000 vehicles/day
Listing Agency:
Listed By: Joe Kennedy
Source: Theshoppingcentergroup
Added: Jun 2 Changed: Jul 10 Last Checked: Jul 30 at 3:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joe Kennedy

Investment Insights

Based on property information with market context.

This is a retail outparcel lease opportunity totaling 0.92 acres, offered with minimal REA and a single-party arrangement. The site is part of a subdivision that is close to being finalized, creating an active path toward development and occupancy planning. The configuration supports retail-oriented tenants seeking dedicated visibility and a flexible site basis.

The property is located at 1123 W Mercury Blvd in Hampton, VA, positioned across from Peninsula Town Center, which includes approximately 808,000 square feet of retail space. Major retailers nearby include Target, Kroger, and At Home. The immediate area benefits from a strong military presence, with 15 military installations in the surrounding community. Traffic counts provided show 47,000 ADT on Mercury Boulevard.

For tenants and investors evaluating retail growth, this outparcel offers a straightforward location to align with established shopping demand created by nearby anchors and the regional retail draw of Peninsula Town Center. With the subdivision nearing completion and REA kept to one party, the site may fit users looking to move efficiently toward site-specific development planning.

Key Highlights

  • 0.92‑acre outparcel available across from Peninsula Town Center (808K SF of retail space)
  • Surrounding major retailers include Target, Kroger, and At Home
  • Traffic count (ADT): Mercury Boulevard - 47,000

Property Analytics

Current Use

Banfield Pet Hospital Veterinary Clinic Freddy's Frozen Custard ... Restaurant QDOBA Mexican Eats Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage Garden Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

47,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,511
Businesses Nearby

Demographics for 23666, VA

52,845
Population
25,117
Households
2.1
Avg Household Size
37
Median Age
27%
College-Educated
91%
High-School Grad
19.4 sq mi
ZIP Area
2,724
Density / Sq Mi
$70,798
Median Household Income
$42,552
Median Earnings
$1,439
Median Rent
$241,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Outparcel site positioned across from Peninsula Town Center, supported by major nearby retailers and strong traffic counts.
Where is this commercial land located?
The property is located at 1123 W Mercury Blvd Hampton, VA.
What are key features of this property?
This property features: 0.92‑acre outparcel available across from Peninsula Town Center (808K SF of retail space); Surrounding major retailers include Target, Kroger, and At Home; Traffic count (ADT): Mercury Boulevard - 47,000
More about this property
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