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Shopping Center Buildings with Credit Tenancy
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2551 E Claiborne Square, Hampton, VA 23666

Three retail buildings combine established credit tenancy with leasing and rent-growth considerations.

Property Size41,523 SF
Days on Market112

Property Features for 2551 E Claiborne Square

General Information

Standard status Active
Size 41,523 SF
Property subtype RETAIL

Building Details

Buildings 3
Listing Agency: Colliers | Norfolk
Listed By: Jeff Fritz · License #0225091328
Source: Moodyscre
Added: May 12 Changed: Aug 31 Last Checked: Aug 31 at 2:22AM

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.

Buildings L and M, together with Building J, comprise 41,523 square feet within a shopping center setting. The assets include established national and regional credit tenancy, with revenue participation from tenant sales identified for Buildings L and M. Buildings L and M have over 10 years of weighted average tenure, while Building J has 12 years. Additional leasing considerations include vacant space at Buildings L and M and mark-to-market rent and lease-structure opportunities associated with Building J.

Building J is positioned at the shopping center’s primary signalized entrance. The center is reported to rank in the 98th percentile for visitor traffic in Virginia and nationwide. Buildings L and M also reflect a reported 4.5% CAGR over five years, while Building J’s tenancy profile includes national and regional credit tenants.

Key Highlights

  • 41,523‑square‑foot shopping center offering includes Buildings L and M and Building J
  • 50% of revenue from national credit tenants in Buildings L and M
  • 83% of revenue from national and regional credit tenants in Building J

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Garden Center Building Supply (Bike/Boat/Book/etc) Store Plumbing Service 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

1,638
Businesses Nearby
996k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 39% Shops & Services 20% Superstores 18% Home Improvements & Furnishings 7%
Target Superstores
126,477 visits/mo 0.2 miles
Chick-fil-A Dining
53,886 visits/mo 0.4 miles
BJ's Wholesale Club Superstores
53,504 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
47,634 visits/mo 0.4 miles
Food Lion Grocery Store Groceries
35,432 visits/mo 0.4 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
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Frequently Asked Questions

What type of property is this?
Shopping center - Three retail buildings combine established credit tenancy with leasing and rent-growth considerations.
Where is this shopping center located?
The property is located at 2551 E Claiborne Square Hampton, VA.
What are key features of this property?
This property features: 41,523‑square‑foot shopping center offering includes Buildings L and M and Building J; 50% of revenue from national credit tenants in Buildings L and M; 83% of revenue from national and regional credit tenants in Building J
(757) 228-1840 Call to check price and availability
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