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Peninsula Town Center 4410 E Claiborne Sq 1,611 - 7,590 SF of Retail Space Available in Hampton, VA 23666
HIGHLIGHTS
- One of the highest trafficked shopping centers in Hampton Roads.
- Over 10,000 students at Hampton University and 4,500 students at Christopher Newport University.
- 112,690 daytime employees within a 5 mile radius.
- Over 340 existing residential units.
- 61,000 VPD on W Mercury Blvd and 23,500 VPD on Coliseum Dr.
- $8.25 NNN
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 106 | 2,737 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $82,110 /YR $6,843 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 128 | 1,611 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $48,330 /YR $4,028 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 130 | 1,623 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $48,690 /YR $4,058 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 132 | 1,619 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $48,570 /YR $4,048 /MO | Triple Net (NNN) |
1613 Merchant Ln - 1st Floor - Ste 106
2,737 square-feet of in-line retail space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Plenty of Foot Traffic
1613 Merchant Ln - 1st Floor - Ste 128
1,611 square-foot in-line retail space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Plenty of Foot Traffic
1613 Merchant Ln - 1st Floor - Ste 130
1,623 square-feet of in-line retail space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Plenty of Foot Traffic
1613 Merchant Ln - 1st Floor - Ste 132
1,619 square-feet of in-line retail space available for lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Plenty of Foot Traffic
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 7,590 SF | Frontage | |
| Center Type | Regional Mall | Gross Leasable Area | 691,839 SF |
| Parking | 3328 Spaces | Total Land Area | 48.92 AC |
| Center Properties | 26 | Year Built | 2009 |
| Total Space Available | 7,590 SF |
| Center Type | Regional Mall |
| Parking | 3328 Spaces |
| Center Properties | 26 |
| Frontage | |
| Gross Leasable Area | 691,839 SF |
| Total Land Area | 48.92 AC |
| Year Built | 2009 |
ABOUT THE PROPERTY
Peninsula Town Center is conveniently located at Interstate 64 and Mercury Boulevard; the primary East-West corridor for the Hampton Roads (Virginia Beach, Norfolk-Newport News) market. The center is a retail hub including anchors Target, H&M, Forever 21, PetSmart, JCPenney, Barnes & Noble, and Studio Movie Grill. Peninsula Town Center is ideally situated to attract shoppers from the entire Hampton Roads market. Positioned in front of the highest traffic count on I-64 between Hampton Roads and Richmond, it is within easy grasp of commuters as well as residents.
- Dedicated Turn Lane
- Freeway Visibility
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Peninsula Town Center | 4410 E Claiborne Sq
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