Newmarket Fair Redevelopment | 5200 W Mercury Blvd
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Newmarket Fair Redevelopment 5200 W Mercury Blvd
245,000 SF 100% Leased Retail Building Newport News, VA 23605 For Sale
Executive Summary
- 100,000 SF former Sears box space available
- Small Shops development potential!
- Available Parcels:
- Parcel #2 - +/- 1 acre
- Parcel #3 - UNDER CONTRACT
- Positioned at the center of major employers and economic drivers
- Major interstate access and close proximity to Newport News/Williamsburg International Airport
- Offices at Net Center & 100,000 SF new self-storage facility directly connected to the site
- Less than 1 mile from James River Bridge and less than 3 miles from I-64 and I-664, which are the only 3 roadways connecting the Southside and Peninsula cities
- Small Shops development potential!
- Available Parcels:
- Parcel #2 - +/- 1 acre
- Parcel #3 - UNDER CONTRACT
- Positioned at the center of major employers and economic drivers
- Major interstate access and close proximity to Newport News/Williamsburg International Airport
- Offices at Net Center & 100,000 SF new self-storage facility directly connected to the site
- Less than 1 mile from James River Bridge and less than 3 miles from I-64 and I-664, which are the only 3 roadways connecting the Southside and Peninsula cities
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Department Store
Building Size
245,000 SF
Building Class
B
Year Built
1974
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
3 Exterior
Building FAR
0.20
Lot Size
28.03 AC
Zoning
14 C-2 LIM
Frontage
967 FT on W Mercury Blvd
Amenities
- Bus Line
- Dedicated Turn Lane
- Signalized Intersection
- Energy Star Labeled
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- #1
- 31,799 SF
- Retail
- Outparcel
- 30 Days
- #2
- 33,105 SF
- Retail
- Outparcel
- 30 Days
- #3
- 41,817 SF
- Retail
- Outparcel
- 30 Days
- Sears
- 50,000-100,000 SF
- Retail
- -
- 30 Days
| Space | Size | Space Use | Position | Available |
| #1 | 31,799 SF | Retail | Outparcel | 30 Days |
| #2 | 33,105 SF | Retail | Outparcel | 30 Days |
| #3 | 41,817 SF | Retail | Outparcel | 30 Days |
| Sears | 50,000-100,000 SF | Retail | - | 30 Days |
#1
| Size |
| 31,799 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| 30 Days |
#2
| Size |
| 33,105 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| 30 Days |
#3
| Size |
| 41,817 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| 30 Days |
Sears
| Size |
| 50,000-100,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $38,939,700 | |
| Land Assessment | $5,297,500 | Total Assessment | $44,237,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$5,297,500
Improvements Assessment
$38,939,700
Total Assessment
$44,237,200
Contacts
-
Jay O'Donnell -
Jeffrey Fritz -
Tyler Brooks -
Ned Brooks -
Patrick Mugler -
Colliers | Virginia
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Newmarket Fair Redevelopment | 5200 W Mercury Blvd
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