General Retail For Sale • 21,631 SF
| Investors seeking strong returns and stable cash flow, owner-operators looking for a move-in-ready facility in a high-visibility location |
| Located on high-traffic Mercury Boulevard, the site features two new AC units and ample parking. |
| The seller offers a lease buyout at closing, allowing immediate occupancy or continued rental income. |
| The lease generates $216,000 annually, with $180,000 actual net income after discount. |
| It is leased as a newly renovated event space with a two-year NNN lease starting April 2025. |
| The property spans 21,631 square feet on 1.93 acres, including an adjoining parking parcel. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Newport News (Northeast Regional - Amtrak) | 15 min | - | 8.0 mi |
| Airport | Drive | Walk | Distance |
| Newport News/Williamsburg International | 23 min | - | 14.1 mi |
| Norfolk International | 25 min | - | 15.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 110 |
| Type: | Surface |
| Included in Rent: | Yes |