3110-3150 Allainby Way - Retail FOR SALE


Hampton, VA 23666- Coliseum Central
$2,075,000 USD
757-627-8611
3110-3150 Allainby Way, Hampton, VA for Sale
$2,075,000 USD
Retail - FOR SALE
1/1
null | 7.64% Cap Rate

3110-3150 Allainby Way
Hampton, VA 23666
Coliseum Central


HIGHLIGHTS

  • The Peninsula Town Center is a well-established retail setting that embodies the "Live, Work, Play" philosophy, making it an ideal investment option.
  • The operational management is highly efficient, with the Property Owners' Association (POA) managing common spaces and on-site security assuring a saf
  • Immediate access to I-64, I-664, and Mercury Boulevard
  • Access to exclusive shopping events and monthly giveaways

OVERVIEW

Explore the fully leased multi-tenant retail investment opportunity at 3110 - 3150 Allainby Way within Peninsula Town Center (PTC), a premier 1.4 million square foot open-air, mixed-use development in Hampton's Coliseum Central Business District, embodying the ultimate Live, Work, Play environment. Featuring 70 national retailers, 23 diverse restaurants, over 400 luxury apartment units, and a brand-new 126-room Element by Westin hotel, PTC stands as the most visited shopping center in Virginia. With 100% occupancy, the center boasts a strong tenant mix, including a new lease with the high-performing franchise restaurant Shah’s Halal Food. Ownership also benefits from limited management responsibility thanks to POA-managed common areas. The anchor of PTC, Target, has been fully remodeled in 2022, ensuring a vibrant shopping experience. Positioned within a region renowned for its significant military presence, PTC is at the heart of the Hampton Roads market, offering a dynamic and flourishing retail destination.

FOR SALE DETAILS

PRICE

$2,075,000 USD

PRICE/SF

$223 USD /SF

CAP RATE

7.64%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

C-2

APN/PARCEL ID

07F0010006000PC3

ASK ABOUT THIS PROPERTY

Martin MurdenS.L. Nusbaum Realty Co.More Info
757-627-8611

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Martin MurdenS.L. Nusbaum Realty Co.More Info
757-627-8611

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.