10 Willow Oaks Blvd | Hampton, VA 23669
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10 Willow Oaks Blvd
Hampton, VA 23669
Absolute NNN Rite Aid | Hampton, VA · Retail Property For Sale
Investment Highlights
- Corporate Backed Long-Term Lease – Rite Aid signed a 20-year lease in 2015 leaving approximately 14 years remaining on the initial lease term
- Features an Entire Block of Exposure Along Main Traffic Corridor – Combined daily traffic counts exceed 22,400 vehicles
- Approximately 2 Miles South of Langley Air Force Base – Home to over 9,000 military and civilian personnel
- Absolute NNN Lease – Zero landlord responsibilities for repairs or maintenance
- Positioned Directly Across from Willow Oaks Village Square – 194,000 square foot retail center anchored by Farm Fresh and Peebles
- High Barriers to Entry Market – Limited competition with nearest drug store over 2 miles away
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,667 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.46 AC
Zoning
C1 - Commercial
Parking
65 Spaces (4.43 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 13004070 | Improvements Assessment | $5,338,200 |
| Land Assessment | $1,499,000 | Total Assessment | $6,837,200 |
PROPERTY TAXES
Parcel Number
13004070
Land Assessment
$1,499,000
Improvements Assessment
$5,338,200
Total Assessment
$6,837,200
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