Investment Opportunity

3110 - 3150 Allainby Way, Hampton, VA 23666

  • For Sale $2,275,000
  • Property Type Retail - Street Retail
  • Property Size 9,293 SF
  • Lot Size 0.27 Acre
  • Year Built 2009
  • Date Updated Apr 18, 2024
Located within Peninsula Town Center in Hampton's Coliseum Central Business District.Explore the 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 destinationS.L. Nusbaum is pleased to offer for lease 1,813 SF of retail space within Peninsula Town Center. PTC is a 1.4MM SF open air, mixed-use development located within Hampton’s Coliseum Central Business District. A true Live, Work, Play Environment, PTC features 70 national retailers, 23 restaurants, 400+ luxury apartment units, and a brand new 126 room (Element by Westin) hotel, all within immediate walking distance from one another. Peninsula Town Center is strategically positioned to start and grow your business.

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Attachments

Highlights

  • 100% leased strip center
  • 4,207 parking spaces available at no cost to all PTC tenants and visitors
  • Immediate access to I-64, I-664, and Mercury Boulevard
  • PTC tenants have the option to utilize free exclusive marketing services directly through the Owner’s Association
  • Access to PTC yearly events and gatherings within the Town Square
  • Access to exclusive shopping events and monthly giveaways

Contacts

broker

Martin Murden

S.L. Nusbaum Realty Co.

(757) 640-2265

Location

Getting Around

  • Walk Score ®

    66/100 Somewhat Walkable
  • Transit Score ®

    42/100 Some Transit
  • Bike Score ®

    48/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Hampton, VA
  • Neighborhood Coliseum Central
  • Zip Code 23666
  • Market Richmond Tidewater

Points of Interest

  • Newport News

    3.48 miles

  • Shell

    0.28 miles

  • Miller's #47

    0.44 miles

  • Kroger

    0.46 miles

  • BJ’s Gas

    0.53 miles

  • Walmart

    0.78 miles

  • 7-Eleven

    0.79 miles

  • Exxon

    0.93 miles

  • 7-Eleven

    0.96 miles

  • BP

    0.96 miles

  • RaceWay

    1.60 miles

  • Parking Garage

    0.11 miles

  • Coliseum I-64 Lot

    0.81 miles

  • HRCC Parking

    0.91 miles

  • Coliseum / HRCC Overflow Lot

    1.01 miles

  • Lincoln Street Parking Lot

    2.81 miles

  • Ruppert Sargent Parking Lot

    2.87 miles

  • Hampton City Schools Bus Parking

    2.88 miles

  • Settlers Landing Parking Garage

    3.00 miles

  • City Hall Parking Lot

    3.02 miles

  • Courthouse Parking

    3.02 miles

  • Cee Cee’s Southern Cusine

    0.00 miles

  • Monsoon

    0.03 miles

  • Twisted Crab

    0.04 miles

  • Juan’s Mexican Café & Cantina

    0.08 miles

  • Uncle Dave’s Kettle Corn

    0.08 miles

  • Jimmy John's

    0.09 miles

  • Chipotle

    0.11 miles

  • Five Guys

    0.12 miles

  • Sushi King

    0.14 miles

  • Buffalo Wild Wings

    0.18 miles

  • Peninsula Town Center

    0.13 miles

  • JCPenney

    0.18 miles

  • Target

    0.22 miles

  • Marshalls

    0.24 miles

  • Lidl

    0.33 miles

  • Ross

    0.39 miles

  • Food Lion

    0.42 miles

  • Burlington

    0.66 miles

  • Big Lots

    0.70 miles

  • Walmart Neighborhood Market

    0.71 miles

Frequently Asked Questions

What is the lease rate for Investment Opportunity?

Rental asking rate at Investment Opportunity is $1,137,500.00/YR.

What is the total square footage of Investment Opportunity?

Investment Opportunity totals 9,293 square feet.

When was this property built?

Investment Opportunity was built in 2009.

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Contact Listing Broker

broker

Martin Murden

S.L. Nusbaum Realty Co.

(757) 640-2265