Shops at Peninsula Town Center

1631 Merchant Lane, Hampton, VA 23666

  • For Lease $30.00/SF/YR
  • Property Type Retail - Street Retail
  • Property Size 48,609 SF
  • Date Updated Feb 6, 2024
I-64 at exit 263 (Mercury Boulevard) in Hampton, VAPeninsula 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.

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Highlights

  • #2 highest trafficked center in Hampton Roads
  • Multi-level, open-air, super-regional center
  • 343 existing units of residential
  • Hampton Roads MSA (1.7 million population)
  • Over 10,000 college students at Hampton University and CNU (over 20,000 when you include Thomas Nelson CC and Bryant & Stratton)
  • I-64: 174,000 VPD; W Mercury Blvd: 61,000 VPD; Coliseum Dr: 22,000 VPD

Spaces Available

Contacts

broker

Missy Martinovich

Divaris Real Estate

(757) 497-2113

Location

Getting Around

  • Walk Score ®

    65/100 Somewhat Walkable
  • Transit Score ®

    42/100 Some Transit
  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Hampton, VA
  • Neighborhood Coliseum Central
  • Zip Code 23666
  • Market Richmond Tidewater

Points of Interest

  • Newport News

    3.54 miles

  • Shell

    0.23 miles

  • Miller's #47

    0.39 miles

  • Kroger

    0.40 miles

  • BJ’s Gas

    0.56 miles

  • Walmart

    0.72 miles

  • 7-Eleven

    0.73 miles

  • BP

    0.90 miles

  • Exxon

    0.95 miles

  • 7-Eleven

    0.98 miles

  • RaceWay

    1.55 miles

  • Parking Garage

    0.08 miles

  • Coliseum I-64 Lot

    0.78 miles

  • HRCC Parking

    0.87 miles

  • Coliseum / HRCC Overflow Lot

    0.96 miles

  • Lincoln Street Parking Lot

    2.76 miles

  • Ruppert Sargent Parking Lot

    2.82 miles

  • Hampton City Schools Bus Parking

    2.91 miles

  • Settlers Landing Parking Garage

    2.95 miles

  • City Hall Parking Lot

    2.96 miles

  • Courthouse Parking

    2.97 miles

  • Uncle Dave’s Kettle Corn

    0.02 miles

  • Juan’s Mexican Café & Cantina

    0.04 miles

  • Jimmy John's

    0.04 miles

  • Cee Cee’s Southern Cusine

    0.07 miles

  • Chipotle

    0.07 miles

  • Monsoon

    0.07 miles

  • Sushi King

    0.07 miles

  • Five Guys

    0.07 miles

  • Twisted Crab

    0.08 miles

  • Buffalo Wild Wings

    0.12 miles

  • Peninsula Town Center

    0.08 miles

  • JCPenney

    0.12 miles

  • Target

    0.18 miles

  • Marshalls

    0.22 miles

  • Ross

    0.37 miles

  • Lidl

    0.38 miles

  • Food Lion

    0.39 miles

  • ALDI

    0.65 miles

  • Burlington

    0.71 miles

  • Big Lots

    0.76 miles

Frequently Asked Questions

How much does retail space at 1631 Merchant Lane cost?

The asking price for retail space at 1631 Merchant Lane is $30.00/SF/YR. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 1631 Merchant Lane?

The property has 6,462 square feet of rentable Retail space. Rental opportunities here are available under NNN lease terms.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 1631 Merchant Lane?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 1631 Merchant Lane. You can find 1 parking option(s) and 3 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 1631 Merchant Lane.

Is 1631 Merchant Lane located in a popular area for retail businesses?

The property is part of Coliseum Central, which is home to 24 other retail listings.

Other popular areas for retail businesses in Richmond Tidewater include Coliseum Central, Phoebus Historic District, Hampton Woods.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Missy Martinovich

Divaris Real Estate

(757) 497-2113

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