207 W Mercury Blvd | Hampton, VA 23669
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- LoopNet Team
207 W Mercury Blvd
Hampton, VA 23669
KFC – HAMPTON, VA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 9 years remaining on initial 20-year Absolute NNN lease with attractive 10% rental escalations every 5 years with four 5-year options to renew.
- Will generate sales in excess of $1 billion in 2023 (FQSR, LLC is the tenant on the lease, encompasses all restaurant locations)
- Excellent drive-by visibility/access on US-258/Mercury Blvd (main East/West thoroughfare) where traffic counts exceed 77,750 CPD!
- KBP Foods (the largest KFC franchisee in the U.S.) operates ±840 locations in 28 states (+20% of KFC locations in the U.S. system)
- Successfully open & operating for decades and remodeled to the latest American Showman prototype - showing tenant’s commitment to this location!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 155,134 | Average Household Income (1-MI): $86,913
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,647 SF
Building Class
B
Year Built/Renovated
1985/2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.93 AC
Zoning
C
Parking
39 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
110’ on Mercury
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Waterfront
PROPERTY TAXES
| Parcel Number | 8000008 | Improvements Assessment | $646,300 |
| Land Assessment | $610,700 | Total Assessment | $1,257,000 |
PROPERTY TAXES
Parcel Number
8000008
Land Assessment
$610,700
Improvements Assessment
$646,300
Total Assessment
$1,257,000
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