7-Eleven NNN Convenience
355 E Mercury Boulevard, Hampton, VA 23663
For Sale
Contact for pricing
The tenant’s triple-net lease includes scheduled rent increases and two five-year renewal options.
Property Size2,075 SF
Lot Size1.04 Acres
Price / SF$1,049
Days on Market26
Property Features for 355 E Mercury Boulevard
General Information
Standard status
Size
Lot size
Property subtype
Net Operating Income
Financials
Asking Price
Cap Rate
Site & Location
Neighborhood
Traffic Count
Highway Access
Road Access
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Current Tenants
Real Estate Included
Additional Details
Convenience Store
Building Details
Buildings
Tenancy
Listing Agency:
CBRE - Atlanta
Listed By:
Brian Pfohl · License #GA 349355
(404) 504-7893
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 8 at 5:12PM
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 CBRE - Atlanta
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Investment Insights
Based on property information with market context.
At 355 E. Mercury Boulevard in Hampton, this 7-Eleven convenience property occupies a 1.04-acre parcel and contains a 2,075-square-foot building. 7-Eleven, Inc. leases the property under a triple-net structure, with the current term ending October 31, 2034. The lease provides for 10% rent increases every five years, including a scheduled increase on November 1, 2029, and two additional five-year renewal options, each with a 10% increase.
E. Mercury Boulevard carries approximately 11,000 vehicles per day, while a nearby highway carries approximately 100,000 vehicles per day. The surrounding five-mile area has a population exceeding 115,000 and average household incomes above $90,000.
E. Mercury Boulevard carries approximately 11,000 vehicles per day, while a nearby highway carries approximately 100,000 vehicles per day. The surrounding five-mile area has a population exceeding 115,000 and average household incomes above $90,000.
Key Highlights
- 7‑Eleven, Inc. occupies the property under a triple‑net lease through October 31, 2034
- 1.04‑acre parcel with a 2,075 SF building
- Lease calls for 10% rent increases every five years; next increase is scheduled for November 1, 2029
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
11,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
89k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Groceries 24%
Dining 2%
Wawa
Shops & Services
38,140 visits/mo
0.4 miles
Food Lion Grocery Store
Groceries
21,560 visits/mo
0.4 miles
Dollar Tree
Shops & Services
14,113 visits/mo
0.5 miles
7-Eleven
Shops & Services
10,525 visits/mo
0.1 miles
BP
Shops & Services
2,828 visits/mo
0.5 miles
Demographics for 23663, VA
13,374
Population
6,246
Households
2.1
Avg Household Size
37
Median Age
17%
College-Educated
92%
High-School Grad
2.8 sq mi
ZIP Area
4,776
Density / Sq Mi
$59,397
Median Household Income
$34,665
Median Earnings
$1,248
Median Rent
$187,700
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - The tenant’s triple-net lease includes scheduled rent increases and two five-year renewal options.
Where is this nnn property located?
The property is located at 355 E Mercury Boulevard Hampton, VA.
What is the asking price?
The asking price for this property is $2,177,061.
What are key features of this property?
This property features: 7‑Eleven, Inc. occupies the property under a triple‑net lease through October 31, 2034; 1.04‑acre parcel with a 2,075 SF building; Lease calls for 10% rent increases every five years; next increase is scheduled for November 1, 2029
