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Shopping Center with Signalized Access
For Lease
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5201 Mercury Blvd, Newport News, VA 23605

Retail space benefits from prominent arterial exposure and convenient entry from two signalized access points.

Space Size1,028 SF
Days on Market967

Property Features for 5201 Mercury Blvd

General Information

Standard status Active
Size 1,028 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 5201 Mercury Blvd
5201 Mercury Blvd $10/SF/Yr
Floor 1
Size 1,028 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Located near the busy intersection of W. Mercury Blvd and Jefferson Ave, Newmarket Shopping Center features two signalized entrances and has 1,249' of frontage on W. Mercury Blvd with an average daily traffic count of 37,000 vehicles per day.
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Listing Agency: Creoteric Commercial Real Estate
Listed By: Jon Elliott · License #0225272281
Source: Moodyscre
Added: Feb 21, 2024 Changed: Oct 15 Last Checked: Oct 15 at 2:10AM

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 Creoteric Commercial Real Estate

Investment Insights

Based on property information with market context.

Newmarket Shopping Center offers 4,538 square feet within a retail-oriented shopping center environment. The property includes two signalized entrances, supporting convenient access for customers and tenants.

Positioned near the intersection of W. Mercury Blvd and Jefferson Ave in Newport News, the center presents 1,249 feet of frontage along W. Mercury Blvd. The corridor records an average daily traffic count of 37,000 vehicles per day, providing substantial exposure for retail uses.

Key Highlights

  • 4,538‑square‑foot shopping center property
  • 1,249 feet of frontage on W. Mercury Blvd
  • Two signalized entrances provide access

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store Restaurant

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

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

523
Businesses Nearby
60k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 27% Groceries 20%
Chick-fil-A Dining
31,584 visits/mo 0.2 miles
Virginia ABC Groceries
12,297 visits/mo 0.4 miles
7-Eleven Shops & Services
10,395 visits/mo 0.3 miles
AutoZone Shops & Services
4,213 visits/mo 0.3 miles
Valvoline Instant Oil Change Shops & Services
1,952 visits/mo 0.1 miles

Demographics for 23605, VA

14,053
Population
6,944
Households
2
Avg Household Size
37
Median Age
18%
College-Educated
91%
High-School Grad
3.7 sq mi
ZIP Area
3,798
Density / Sq Mi
$52,899
Median Household Income
$36,286
Median Earnings
$1,187
Median Rent
$178,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — Food Lion, 123 Newmarket Square, Newport News, VA 23605
  • Big Murph Tattoo Supplies — 6133 Jefferson Ave, Newport News, VA 23605
  • The Plaza at Newmarket — Newmarket Dr N, Newport News, VA 23605
  • Hilton Shopping Center — Warwick Blvd, Newport News, VA 23601

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space benefits from prominent arterial exposure and convenient entry from two signalized access points.
Where is this shopping center located?
The property is located at 5201 Mercury Blvd Newport News, VA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 4,538‑square‑foot shopping center property; 1,249 feet of frontage on W. Mercury Blvd; Two signalized entrances provide access
(757) 270-2788 Call to check price and availability
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