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Multi-Building Shopping Center
For Sale
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Pending

2551 McMenamin St, Hampton, VA 23666

Four retail buildings are offered within an urban mixed-use development supported by Target and established center tenants.

Property SizeContact for details
Days on Market142

Property Features for 2551 McMenamin St

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Colliers - Charlottesville, Virginia
Listed By: Jay O'Donnell · License #VA 0225091328
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Apr 12 at 5:48PM

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 - Charlottesville, Virginia

Investment Insights

Based on property information with market context.

The offering includes Buildings G, H, S, and X at Peninsula Town Center, with up to 221,348 square feet of retail space. The buildings may be acquired together, separately, or in selected combinations. EVO Entertainment Center is located in Building G and can also be purchased individually. EVO has signed a 10-year lease.

Peninsula Town Center is an urban mixed-use development encompassing 1.5MM SF of retail, office, residential, and hotel uses. Target serves as a shadow anchor, while JCPenney, Floor & Décor, Barnes and Noble, and SkyZone are among the other named tenants. The property is located at 2551 McMenamin St in Hampton, Virginia.

Key Highlights

  • Up to 221,348 square feet of retail space across Buildings G, H, S, and X
  • Buildings and EVO Entertainment may be acquired together, separately, or in selected combinations
  • EVO Entertainment Center occupies Building G and has a 10‑year lease

Property Analytics

Current Use

Catholic Florist (Bike/Boat/Book/etc) Store Peninsula Town Center Shopping Center & Mall

Suggested Use

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Four retail buildings are offered within an urban mixed-use development supported by Target and established center tenants.
Where is this shopping center located?
The property is located at 2551 McMenamin St Hampton, VA.
What are key features of this property?
This property features: Up to 221,348 square feet of retail space across Buildings G, H, S, and X; Buildings and EVO Entertainment may be acquired together, separately, or in selected combinations; EVO Entertainment Center occupies Building G and has a 10‑year lease
More about this property
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