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1123 W Mercury Blvd_Hampton

Retail Property Sold on Mercury Blvd for $2.5MM for the Development of a Multi-Tenant Building Anchored by Freddy’s Frozen Custard & Steakburgers

HAMPTON, VIRGINIA: Cushman & Wakefield | Thalhimer is pleased to announce the sale of 1123 West Mercury Blvd. in Hampton, Virginia. 

Moseley Real Estate Advisors, Inc purchased the 10,748 square foot retail building, situated on 2.3 acres, from G.C. of Hampton Partners, LLC for $2,500,000 with plans to redevelop into a 9,000 square foot multi-tenant building with Freddy’s Frozen Custard & Steakburgers as the anchor. 

Eric Stanley of Cushman & Wakefield | Thalhimer handled the sale negotiations on behalf of the purchaser and will handle the leasing of the multi-tenant building and the 1.0 acre +/- of residual land available for sale or lease. 

Freddy’s Frozen Custard & Steakburgers is an American fast-casual restaurant chain based in Wichita, Kansas. Freddy’s is more than your traditional American hamburger restaurant, they are known for their tasty steakburgers and custards.

Written on December 1, 2021