king george gateway center - loopnet€¦ · king george gateway center 16417 - 16471 merchant lane...

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AN EXCLUSIVE INVESTMENT OFFERING PRESENTED BY THE KLNB INVESTMENT SALES GROUP KING GEORGE GATEWAY CENTER 16417 - 16471 Merchant Lane | King George, VA 22485 | King George County ANDY STAPE 202.652.2335 [email protected] URMI JOSHI 202.652.2333 [email protected] VITO LUPO 202.652.2334 [email protected] JON DIAMOND 202.420.7767 [email protected] 70' 70' 11,875 SF 20,000 SF 5,000 SF 8,000 SF 9,600 SF 9,600 SF 5,000 SF 1,600 SF NAIL SALON 1,600 SF 2,400 SF 12,000 SF Merchants Lane Market Center PAD 9 PAD 10 POTENTIAL LAYOUT POTENTIAL LAYOUT FUTURE RETAIL SPACE AVAILABLE 5,000 SF Naval Surface Warfare Center Dahlgren Division GATE A GATE B 4,300 Acres 3.1m SF Facilities 10,000 Employees BASE INFO Dahlgren Educational & Research Center Operated by 1,500 Daily Attendees 45,000 SF 26,000 (2017 ADT) 17,000 (2017 ADT) Fredericksburg 27 miles 301 APPROXIMATELY 1,500 EMPLOYEES D a h l g r e n R d King George Gateway Development 2017 DEMOGRAPHIC SUMMARY Population Daytime Pop+Dahlgren Base Avg HH Income 3 MILE 4,680 13,454 $103,050 5 MILE 6,524 13,709 $101,461 TRADE AREA 81,762 33,712 $76,894 10 MILE 30,581 18,564 $94,846 • The dominant shopping center in the submarket • 72,475 SF center shadow anchored by Walmart Supercenter • Value-add opportunity: • 2 pad sites totaling 19,200 SF of future development potential (utilities to-site) • Immediate upside through the lease-up of 2 vacancies totaling 7,400 SF • 78% of GLA and 81% of base rental income contributed by corporate leases • Located at entrance to Dahlgren Naval Surface Warfare Center with over 10,000 daytime employees • Part of King George Gateway develop. which includes the new Dahlgren Education & Research Ctr., Holiday Inn, & 29,300 SF of restaurant/service-oriented credit tenants on 6 pad sites • Serves large Northern Neck trade area with over 81,000 residents • Highly visible with signalized access to 26,000 VPD on Route 301/James Madison Parkway

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Page 1: KING GEORGE GATEWAY CENTER - LoopNet€¦ · KING GEORGE GATEWAY CENTER 16417 - 16471 Merchant Lane | King George, VA 22485 | King George County ANDY STAPE 202.652.2335 astape@klnb.com

AN EXCLUSIVE INVESTMENT OFFERING PRESENTED BY THE KLNB INVESTMENT SALES GROUP

KING GEORGE GATEWAY CENTER16417 - 16471 Merchant Lane | King George, VA 22485 | King George County

ANDY STAPE202.652.2335

[email protected]

URMI JOSHI202.652.2333

[email protected]

VITO LUPO202.652.2334

[email protected]

JON DIAMOND202.420.7767

[email protected]

70'70'

11,8

75 S

F

20,0

00 S

F

5,00

0 SF

8,00

0 SF

9,60

0 SF

9,60

0 SF

5,00

0 SF

1,60

0 S

FN

AIL

SA

LON

1,60

0 S

F2,

400

SF

12,0

00 S

F

Merchants Lane

Mar

ket C

ente

r

PAD9

PAD10

POTE

NTI

AL

LAYO

UT

POTE

NTI

AL

LAYO

UTFUTURE

RETAIL SPACEAVAILABLE

5,00

0 SF

•••

Naval Surface Warfare Center

Dahlgren Division

GATE A

GATE B

4,300 Acres3.1m SF Facilities

10,000 Employees

BASE INFO

Scale1

Dahlgren Educational& Research Center

Operated by1,500 Daily Attendees

45,000 SF

26,000(2017 ADT)

17,000(2017 ADT)

Fredericksburg27 miles

301

La Plata, MD17 miles

APPROXIMATELY1,500 EMPLOYEES

Dahlgren Rd

King GeorgeGateway Development

2017 DEMOGRAPHIC SUMMARY

PopulationDaytime Pop+Dahlgren Base

Avg HH Income

3 MILE4,68013,454

$103,050

5 MILE6,52413,709

$101,461

TRADE AREA81,76233,712

$76,894

10 MILE30,58118,564

$94,846

• The dominant shopping center in the submarket• 72,475 SF center shadow anchored by Walmart Supercenter• Value-add opportunity:

• 2 pad sites totaling 19,200 SF of future development potential (utilities to-site)• Immediate upside through the lease-up of 2 vacancies totaling 7,400 SF

• 78% of GLA and 81% of base rental income contributed by corporate leases• Located at entrance to Dahlgren Naval Surface Warfare Center with over 10,000 daytime

employees• Part of King George Gateway develop. which includes the new Dahlgren Education & Research

Ctr., Holiday Inn, & 29,300 SF of restaurant/service-oriented credit tenants on 6 pad sites• Serves large Northern Neck trade area with over 81,000 residents• Highly visible with signalized access to 26,000 VPD on Route 301/James Madison Parkway