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Shopping Center Retail Space Adjacent to Target
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For Lease
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2503-3670 Executive Dr, Hampton, VA 23666

Retail space within a mixed-use shopping center with ample surface parking and direct access to I-64.

Property Size18,216 SF
Days on Market4

Property Features for 2503-3670 Executive Dr

General Information

Standard status Active
Size 18,216 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Amenities

pedestrian-friendly streetscapes
beautifully landscaped public spaces
over 70 stores
Listing Agency: Colliers | Norfolk
Listed By: Tyler Brooks · License #VIRGINIA0225202191
Source: Moodyscre
Added: Jul 27 Changed: Jul 30 Last Checked: Jul 30 at 6:18AM

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 Colliers | Norfolk

Investment Insights

Based on property information with market context.

Peninsula Town Center offers retail space within a large mixed-use development totaling 1.5M SF, combining retail, dining, entertainment, office, and residential uses. The center features over 70 stores and approximately 700k SF of retail space, supporting a busy customer draw.

The subject retail opportunity is located along a primary entrance to the Town Center project and is adjacent to Target, benefiting from visibility, access, and ample surface parking. The shopping center sits within the primary retail node of the Coliseum Central submarket, with W Mercury Blvd at approximately 65,000 VPD and Coliseum Dr at approximately 23,500 VPD, along with direct access to I-64 (approximately 165,000 VPD).

This offering comprises 18,216 SF and is positioned for retailers seeking strong access and high-traffic connectivity in the Hampton market.

Key Highlights

  • 18,216 SF retail space within Peninsula Town Center
  • 1.5M SF mixed‑use development with over 70 stores
  • Approximately 700k SF of retail space

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Food Market Plumbing Service Kitchen & Bath Showroom Garden Center Storage Facility

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,470
Businesses Nearby
100k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 63% Apparel 32% Hotels & Casinos 5%
Ross Dress for Less Apparel
32,283 visits/mo 0.5 miles
Dollar Tree Shops & Services
20,161 visits/mo 0.5 miles
7-Eleven Shops & Services
12,117 visits/mo 0.2 miles
Navy Federal Credit Union Shops & Services
10,792 visits/mo 0.3 miles
Exxon Shops & Services
10,452 visits/mo 0.3 miles

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

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
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail space within a mixed-use shopping center with ample surface parking and direct access to I-64.
Where is this shopping center located?
The property is located at 2503-3670 Executive Dr Hampton, VA.
What are key features of this property?
This property features: 18,216 SF retail space within Peninsula Town Center; 1.5M SF mixed‑use development with over 70 stores; Approximately 700k SF of retail space
(757) 213-8110 Call to check price and availability
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