Listing Agency: Matthews

Listed By: Chad Kurz · License #01911198

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 11:19PM

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Investment Insights

Based on property information with market context.

This for-sale retail investment property is presented with a 4.75% cap rate and contains 2,586 SF of retail space. The asset is being marketed specifically as a retail offering, with the provided underwriting information centered on the stated cap rate.

The property is located at 2031 Coliseum Dr in Hampton, VA. No additional details on configuration, occupancy, or tenant mix were provided with the listing information.

Key Highlights

• Retail property for sale at a 4.75% cap rate
• Total building size: 2,586 SF

Property Analytics

Current Use

Panda Express Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Parking Lot & Garage Garden Center Storage Facility 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.

Location Intelligence

Trade Area within ½ mile

1,686

Businesses Nearby

1M

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 39% Shops & Services 19% Superstores 12% Groceries 12%

Target Superstores

126,477 visits/mo 0.1 miles

Kroger Groceries

72,301 visits/mo 0.4 miles

Chick-fil-A Dining

53,886 visits/mo 0.3 miles

Lowe's Home Improvements & Furnishings

47,634 visits/mo 0.5 miles

Raising Cane's Chicken Fingers Dining

39,631 visits/mo 0.4 miles

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - For sale retail property offered at a 4.75% cap rate, totaling 2,586 SF.

Where is this retail space located?

The property is located at 2031 Coliseum Dr Hampton, VA.

What are key features of this property?

This property features: Retail property for sale at a 4.75% cap rate; Total building size: 2,586 SF