Technical
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Property profile

2070 Nickerson Blvd Hampton, VA 23663

OFF-MARKET
Retail properties & Spaces
84,775 SF 8.87 ac lot Built 1997
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Year built 1997
Total area 84,775 SF
Lot 8.87 ac (386,377 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Atm Currency Exchange Service
  • Atm
  • Bank Credit Union
  • Grocery & Convenience Store Food Market

Location

2070 Nickerson Blvd Hampton, VA 23663
Hampton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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