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    2070 Nickerson Blvd Hampton, VA 23663

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Hampton retail space, multiple suites available.

    Lot size:
    84,775 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Nickerson Plaza, located at 2070 Nickerson Blvd in Hampton, Virginia (zip code 23663), presents a compelling opportunity for retail businesses seeking established presence in the thriving Fox Hill submarket. This 84,775 square foot shopping center, built in 1997 and renovated in 2018, boasts a strong anchor tenant in a recently renovated Food Lion supermarket, known for its above-average performance. The property sits on 8.87 acres of land and is zoned C-1, allowing for a variety of retail uses. The center currently features 26 suites, with 7,900 square feet of vacant space available for lease. Spaces range from a minimum of 900 square feet to a maximum contiguous space of 43,489 square feet, offering flexibility for businesses of various sizes. The property's location within the densely populated Fox Hill area of Hampton ensures high visibility and accessibility to a significant customer base. This established neighborhood shopping center provides an excellent opportunity for businesses seeking a strong location with a proven track record. The property's multiple tenancy structure offers a diverse mix of retail options, creating a vibrant and attractive shopping destination. Interested parties should note that the minimum leasable space is 900 square feet.

    Property Features for 2070 Nickerson Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    84,775 SF
    Total Rate
    98904.17

    Building Details

    Year Built/Renovated
    1997/2018

    Unit(s) available at that property

    Space
    Office Space available
    Size
    900 SF
    Rate per SF
    $14
    Space
    Former Subway Restaurant
    Size
    900 SF
    Rate per SF
    $14
    Space
    Former Family Dollar
    Size
    6,100 SF
    Rate per SF
    $14

    HighLights

    • Excellent location in Hampton's densely populated Fox Hill trade area.
    • Strong performing Food Lion anchor tenant with above‑average sales.
    • Diverse tenant mix including Dunkin', Domino's, H&R Block, Allstate, Little Caesars, and Family Dollar.
    • High traffic counts: over 30,000 VPD on Mercury Blvd and over 12,000 VPD on Andrews Blvd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nationwide Money Services, ... Atm Coinstar Kiosk | Bitcoin ... Atm ATM Atm Western Union Money Transfer Service Food Lion Grocery Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    Hampton City
    State
    Virginia
    Longitude
    -76.309633
    Latitude
    37.0499322

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    FAQs

    What type of property is this?
    Restaurant - Prime Hampton retail space, multiple suites available.
    Where is this restaurant located?
    The property is located at 2070 Nickerson Blvd Hampton, VA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Excellent location in Hampton's densely populated Fox Hill trade area.; Strong performing Food Lion anchor tenant with above-average sales.; Diverse tenant mix including Dunkin', Domino's, H&R Block, Allstate, Little Caesars, and Family Dollar.
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    Hampton, VA 23663
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2070 Nickerson Blvd Hampton, VA 23663
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