Hampton, Well Known & Established Freestanding Single Tenant

205 W Mercury Blvd Hampton, VA 23669
205 W Mercury Blvd
Well known & established freestanding single tenant ±2,916 SF Retail Auto Service/Repair building in a highly traveled area. Absolute triple net lease secured through December of 2027 with annual increases (and options) by an experienced operator. Initial term has 3% annual rent bumps each year. The 5-Year Renewal Option also includes steady 3% annual increases extending the lease through December of 2027. Features a functional floor plan that tenant has made substantial improvements earlier this year by licensed contractors. The HVAC age is newer, all storage tanks are above ground and up to current standards. All lights, wiring, and plumbing are new. The exterior and interior have fresh paint, the office has been remodeled. The current zoning of all surrounding properties does not allow for transmission work; however, this property has a special CUP from 1989 which has been grandfathered in.
Extra Information for 205 W Mercury Blvd Hampton, VA 23669
  • Amenities: Storage
  • Provided By: Rofo
The Property "Hampton, Well known & established freestanding single tenant" located at 205 W Mercury Blvd,Hampton / VA. The size of Retail Property for rent is 2916 sqt. It has beds & baths.The available amenities for this property are --Storage.
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