For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333...

28
Campana Waltz Commercial Real Estate, LLC Ron A. Campana, Jr. 11832 Fishing Point Drive, Suite 400 Newport News, Virginia 23606 757.327.0333 [email protected] www.CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice. FOR ADDITIONAL INFORMATION, PLEASE CONTACT: For Lease 4311 New Town Avenue Williamsburg, Virginia

Transcript of For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333...

Page 1: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Campana Waltz Commercial Real Estate, LLC

Ron A. Campana, Jr.

11832 Fishing Point Drive, Suite 400

Newport News, Virginia 23606

757.327.0333

[email protected]

www.CampanaWaltz.com

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

For Lease4311 New Town Avenue

Williamsburg, Virginia

Page 2: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

FOR LEASE 4311 New Town Avenue

Williamsburg, Virginia

Location: 4311 New Town Avenue

Williamsburg, Virginia

Description: The Property is attractively located in the center of New Town, and

is in close proximity to High Street, Midtown, the College of William

& Mary, and Colonial Williamsburg. This well-appointed office is

approximately 1,579 square feet and is move-in ready. This is an

ideal location for a business that wants a central location in New

Town at an aggressive lease rate!

Condominium Size: Approximately 1,579 Square Feet

Lease: $18.50 per square foot. Price is inclusive of Condominium fees & real

estate taxes. Tenant is responsible for its utilities, telecommunications,

and janitorial.

Zoning: MU-Mixed Use District. Multiple allowable uses by right are attached in

the marketing package.

General Information:

Well established area

Surrounded by numerous retailers and solid residential

neighborhoods

Also included:

Floorplan

Aerial Maps

Location Map

Zoning Information

Demographic Information

For Additional Information, Please Contact:

Ron A. Campana, Jr.

Campana Waltz Commercial Real Estate, LLC

11832 Fishing Point Drive, Suite 400

Newport News, Virginia, 23606

757.327.0333

[email protected]

www.CampanaWaltz.com

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions or withdrawal without notice.

Page 3: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

4311 New Town Avenue, Williamsburg, Virginia

For illustration purposes only.

Page 4: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

Page 5: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

Page 6: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

Page 7: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

Page 8: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

Page 9: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

4311 New Town Avenue,

Williamsburg, Virginia

Property is outlined in red.

For illustration purposes only.

Page 10: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

4311 New Town Avenue,

Williamsburg, Virginia

Property is outlined in red.

For illustration purposes only.

Page 11: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

4311 New Town Avenue

Williamsburg, Virginia

Page 12: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

4311 New Town Avenue

Williamsburg, Virginia

Page 13: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Sec. 24-518. - Use list.

In the mixed use districts, all structures to be erected or land to be used shall be for one or more of the following uses:

Use

Category Use List

Permitted

Uses

Specially

Permitted

Uses

Residential

Uses

Accessory apartments, attached, in accordance with section 24-

32 P

Accessory structures, as defined in section 24-2 P

Apartments P

Group homes or residential facilities, for eight or fewer adults P

Group homes or residential facilities, for nine or more adults SUP

Group quarters P

Home care facilities P

Home occupations, as defined P

Independent living facilities P

Multi-family dwellings up to and including four dwelling units P

Multi-family dwellings more than four dwelling units P

Single-family dwellings P

Commercial

Uses Accessory structures, as defined in section 24-2 P

Adult day care centers P

Antique shops P

Page 14: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Arts and crafts shops P

Assisted living facilities P

Automobile rental P

Automobile repair and service including tire, transmission, glass,

body and fender, and other automotive products sales (new

and/or rebuilt) and service with major repair under cover and

storage of parts and vehicle storage screened from adjacent

property by landscaping and fencing

P

Automobile service stations; if fuel is sold, then in accordance

with section 24-38 P

Banks and other similar financial institutions P

Barber and beauty shops P

Business, professional and governmental offices P

Campgrounds SUP

Child day care centers P

Community recreation facilities, public or private, including

parks, playgrounds, clubhouses, boating facilities, swimming

pools, ball fields, tennis courts and other similar recreation

facilities

P

Continuing care retirement facilities P

Contractor offices, equipment storage yards, shops and

warehouses with storage under cover or screened with

landscaping and fencing from adjacent property

P

Convenience stores; if fuel is sold, then in accordance with

section 24-38 P

Data processing centers P

Page 15: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Drug stores P

Dry cleaners and laundries P

Employment services or agencies P

Farmer's markets P

Fast food restaurants SUP

Feed, seed and farm supply stores P

Fish farming P

Flea markets SUP

Funeral homes, cemeteries and memorial gardens P

Gift stores P

Golf courses SUP

Greenhouses and nurseries P

Handicrafts stores P

Health clubs, exercise clubs and fitness centers P

Home occupations as defined P

Hotels, motels, tourist homes and convention centers P

Indoor sport facilities P

Indoor theaters P

Janitorial service establishments P

Limousine service P

Page 16: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Lumber and building supply with storage limited to a fully

enclosed building or screened with landscaping and fencing from

adjacent property

P

Marinas, docks, piers, yacht clubs, boat basins, boat storage and

servicing, repair and sale facilities for the same; if fuel is sold,

then in accordance with section 24-38

SUP

Marine or waterfront businesses to include the receipt, storage

and transshipment of waterborne commerce, or seafood

receiving, packing or distribution under cover or screened with

landscaping and fencing from adjacent property

SUP

Medical offices P

Museums SUP

Off-street parking as required by article II, division 2 of this

chapter P

Office supply stores, secretarial and duplicating services P

Parking lots and garages P

Photographer, picture, artist and sculptor stores and studios P

Plumbing and electrical supply with storage limited to a fully

enclosed building or screened with landscaping and fencing from

adjacent property

P

Printing and publishing establishments P

Property maintenance facilities, sheds or garages P

Public billiard parlors, arcades, pool rooms, bowling alleys, dance

halls and other indoor centers of amusement P

Rental of more than three rooms in a single-family dwelling unit SUP

Rental of rooms to a maximum of three rooms P

Page 17: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Restaurants, tea rooms and taverns P

Retail and service stores, including the following stores: books,

cabinet, candy, carpet, coin, department, dressmaking, florist,

furniture, furrier, garden supply, greeting card, gunsmith

(excluding shooting ranges), hardware, home appliance sales

and service, ice cream, jewelry sales and service, locksmith,

music and records, paint, pet, picture framing, plant supply,

shoe, sporting goods, stamp, tailor, tobacco and pipes, toys,

travel bureau, upholstery, wearing apparel, and yard goods

P

Retail food stores, bakeries and fish markets P

Security service offices P

Shooting ranges, indoor SUP

Skilled nursing facilities (nursing homes) P

Taxi services P

Theme parks SUP

Truck stops; if fuel is sold, then in accordance with section 24-38 SUP

Truck terminals; if fuel is sold, then in accordance with section

24-38 SUP

Vehicle and trailer sales and service (with major repair limited to

a fully enclosed building) P

Veterinary hospitals P

Agricultural

Uses Wineries SUP

Civic Uses Fire stations P

Libraries P

Page 18: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Nonemergency medical transport P

Places of public assembly P

Post offices P

Schools P

Utility Uses

Communications facilities (public or private), including, but not

limited to, antennas, towers and support structures; or multi-

antenna systems. All facilities shall comply with article II, division

6 of this chapter.

SUP

Communications facilities (public or private), including, but not

limited to, antennas, towers and support structures, that utilize

alternative mounting structures and/or are camouflaged, and

comply with article II, division 6 of this chapter.

P

Electrical generation facilities, public or private, electrical

substations with a capacity of 5,000 kilovolt amperes or more

and electrical transmission lines capable of transmitting 69

kilovolts or more

SUP

Telephone exchanges and telephone switching stations P

Transmission pipelines (public or private), including pumping

stations and accessory storage, for natural gas, propane gas,

petroleum products, chemicals, slurry coal and any other gases,

liquids or solids. However, extensions for private connections to

existing pipelines, which are intended to serve an individual

residential or commercial customer and which are accessory to

existing or proposed development, are permitted generally and

shall not require a special use permit

SUP

Water facilities (public or private), and sewer facilities (public),

including, but not limited to, treatment plants, pumping

stations, storage facilities and transmission mains, wells and

associated equipment such as pumps to be owned and operated

by political jurisdictions. However, the following are permitted

generally and shall not require a special use permit:

SUP

Page 19: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

(a) Private connections to existing mains that are intended to

serve an individual customer and that are accessory to existing

or proposed development, with no additional connections to be

made to the line; and

(b) Distribution lines and local facilities within a development,

including pump stations

Water impoundments, new or expansion of P

Open Uses Timbering in accordance with section 24-43 P

Industrial

Uses Food processing and storage, but not the slaughter of animals P

Heavy equipment sales and service, with major repair under

cover or screened with landscaping and fencing from adjacent

property

P

Heliports, helistops and accessory uses SUP

Hospitals and mental health facilities P

Industrial and technical training schools P

Machinery sales and service with major repair under cover P

Manufacture and assembly of musical instruments, toys,

novelties and rubber and metal stamps P

Manufacture and bottling of soft drinks and wine P

Manufacture and processing of textiles and textile products in

structures of not more than 5,000 square feet P

Manufacture, compounding, assembly or treatment of products

made from previously prepared paper, plastic, metal, textiles,

tobacco, wood, paint, fiber glass, glass, rubber, leather,

cellophane, canvas, felt, fur, horn, wax, hair and yarn in

structures of not more than 5,000 square feet

P

Page 20: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Manufacture, compounding, assembly or treatment of products

made from previously prepared paper, plastic, metal, textiles,

tobacco, wood, paint, fiber glass, glass, rubber, leather,

cellophane, canvas, felt, fur, horn, wax, hair and yarn in

structures of 5,000 square feet and greater

SUP

Manufacture, compounding, processing or packaging of

cosmetic, toiletry and pharmaceutical products P

Manufacture of carpets and carpet yarns in structures of not

more than 5,000 square feet P

Manufacture of pottery and ceramic products, using kilns fired

only by gas or electricity P

Manufacture or assembly of appliances, tools, firearms,

hardware products and heating, cooling or ventilating

equipment

P

Manufacture or assembly of electronic instruments, electronic

devices or electronic components P

Manufacture or assembly of medical, drafting, metering, marine,

photographic and mechanical instruments P

Petroleum storage SUP

Private streets within "qualifying industrial parks" in accordance

with section 24-55 P

Processing, assembly and manufacture of light industrial

products or components, with all storage, processing, assembly

and manufacture conducted indoors and under cover, with no

dust, noise, odor or other objectionable effect

P

Publicly owned solid waste container sites SUP

Railroad facilities including tracks, bridges and stations.

However, spur lines which are to serve and are accessory to

existing or proposed development adjacent to existing railroad

rights-of-way and track and safety improvements in existing

SUP

Page 21: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

railroad rights-of-way are permitted generally and shall not

require a special use permit

Research, development and design facilities or laboratories P

Resource recovery facilities SUP

Solid waste transfer stations SUP

Warehouse, storage and distribution centers with storage under

cover or screened with landscaping and fencing from adjacent

property

P

Water well drilling establishments SUP

Welding and machine shops with storage limited to a fully

enclosed building or screened with landscaping and fencing from

adjacent property

P

(Ord. No. 31A-141, 5-4-92; Ord. No. 31A-145, 7-6-92; Ord. No. 31A-150, 4-5-93; Ord. No.

31A-152, 8-16-93; Ord. No. 31A-167, 3-26-96; Ord. No. 31A-176, 5-26-98; Ord. No. 31A-184,

12-8-98; Ord. No. 31A-242, 7-14-09; Ord. No. 31A-276, 9-11-12; Ord. No. 31A-291, 8-13-13;

Ord. No. 31A-293, 8-12-14; Ord. No. 31A-328 , 11-8-16)

Page 22: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Demographic and Income Profile4311 New Town Ave, Williamsburg, Virginia, 23188 Prepared by Janice Lewis, CCIMDrive Time: 5 minute radius Latitude: 37.27970

Longitude: -76.74198

Summary Census 2010 2017 2022Population 5,631 6,214 6,724Households 2,575 2,862 3,122Families 1,372 1,497 1,622Average Household Size 1.84 1.86 1.87Owner Occupied Housing Units 1,346 1,414 1,545Renter Occupied Housing Units 1,229 1,447 1,577Median Age 40.3 42.3 43.9

Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.59% 0.92% 0.83%Households 1.75% 0.86% 0.79%Families 1.62% 0.77% 0.71%Owner HHs 1.79% 0.83% 0.72%Median Household Income 1.91% 2.31% 2.12%

2017 2022 Households by Income Number Percent Number Percent

<$15,000 296 10.3% 318 10.2%$15,000 - $24,999 196 6.8% 199 6.4%$25,000 - $34,999 273 9.5% 276 8.8%$35,000 - $49,999 473 16.5% 475 15.2%$50,000 - $74,999 447 15.6% 445 14.3%$75,000 - $99,999 376 13.1% 424 13.6%$100,000 - $149,999 503 17.6% 598 19.2%$150,000 - $199,999 132 4.6% 174 5.6%$200,000+ 165 5.8% 212 6.8%

Median Household Income $58,611 $64,435Average Household Income $80,027 $89,897Per Capita Income $36,407 $40,601

Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent

0 - 4 218 3.9% 224 3.6% 245 3.6%5 - 9 202 3.6% 219 3.5% 248 3.7%10 - 14 230 4.1% 242 3.9% 257 3.8%15 - 19 500 8.9% 507 8.2% 517 7.7%20 - 24 736 13.1% 720 11.6% 701 10.4%25 - 34 659 11.7% 759 12.2% 742 11.0%35 - 44 550 9.8% 590 9.5% 728 10.8%45 - 54 629 11.2% 650 10.5% 669 10.0%55 - 64 614 10.9% 670 10.8% 746 11.1%65 - 74 589 10.5% 733 11.8% 803 11.9%75 - 84 408 7.2% 512 8.2% 653 9.7%

85+ 297 5.3% 385 6.2% 414 6.2%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 4,270 75.8% 4,532 72.9% 4,757 70.8%Black Alone 907 16.1% 1,075 17.3% 1,203 17.9%American Indian Alone 8 0.1% 11 0.2% 14 0.2%Asian Alone 206 3.7% 269 4.3% 333 5.0%Pacific Islander Alone 10 0.2% 12 0.2% 13 0.2%Some Other Race Alone 75 1.3% 107 1.7% 137 2.0%Two or More Races 154 2.7% 207 3.3% 266 4.0%

Hispanic Origin (Any Race) 251 4.5% 350 5.6% 444 6.6%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

March 06, 2018

©2018 Esri Page 1 of 6

Page 23: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Demographic and Income Profile4311 New Town Ave, Williamsburg, Virginia, 23188 Prepared by Janice Lewis, CCIMDrive Time: 5 minute radius Latitude: 37.27970

Longitude: -76.74198

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

2.22

1.81.61.41.2

10.80.60.40.2

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

1211109876543210

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

<$15K10.3%

$15K - $24K6.9%

$25K - $34K9.5%

$35K - $49K16.5%

$50K - $74K15.6%

$75K - $99K13.1% $100K - $149K

17.6%

$150K - $199K4.6%

$200K+5.8%

2017 Population by Race2017 Population by Race

Perc

ent

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+

2017 Percent Hispanic Origin: 5.6%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

March 06, 2018

©2018 Esri Page 2 of 6

Page 24: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Demographic and Income Profile4311 New Town Ave, Williamsburg, Virginia, 23188 Prepared by Janice Lewis, CCIMDrive Time: 10 minute radius Latitude: 37.27970

Longitude: -76.74198

Summary Census 2010 2017 2022Population 38,707 43,070 46,464Households 14,832 16,489 17,877Families 9,616 10,620 11,464Average Household Size 2.32 2.34 2.35Owner Occupied Housing Units 9,601 10,307 11,111Renter Occupied Housing Units 5,231 6,182 6,766Median Age 37.3 39.1 40.6

Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.53% 0.92% 0.83%Households 1.63% 0.86% 0.79%Families 1.54% 0.77% 0.71%Owner HHs 1.51% 0.83% 0.72%Median Household Income 1.67% 2.31% 2.12%

2017 2022 Households by Income Number Percent Number Percent

<$15,000 1,325 8.0% 1,423 8.0%$15,000 - $24,999 1,096 6.6% 1,111 6.2%$25,000 - $34,999 1,301 7.9% 1,286 7.2%$35,000 - $49,999 1,878 11.4% 1,841 10.3%$50,000 - $74,999 2,725 16.5% 2,599 14.5%$75,000 - $99,999 2,333 14.1% 2,525 14.1%$100,000 - $149,999 3,259 19.8% 3,776 21.1%$150,000 - $199,999 1,298 7.9% 1,703 9.5%$200,000+ 1,274 7.7% 1,612 9.0%

Median Household Income $73,971 $80,362Average Household Income $93,760 $105,476Per Capita Income $37,337 $41,831

Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent

0 - 4 1,750 4.5% 1,787 4.1% 1,915 4.1%5 - 9 1,820 4.7% 1,924 4.5% 2,033 4.4%10 - 14 2,016 5.2% 2,063 4.8% 2,221 4.8%15 - 19 3,808 9.8% 3,892 9.0% 3,974 8.6%20 - 24 4,948 12.8% 5,008 11.6% 4,847 10.4%25 - 34 4,154 10.7% 5,105 11.9% 5,204 11.2%35 - 44 4,076 10.5% 4,208 9.8% 5,170 11.1%45 - 54 4,675 12.1% 4,828 11.2% 4,721 10.2%55 - 64 4,545 11.7% 5,151 12.0% 5,619 12.1%65 - 74 3,806 9.8% 4,900 11.4% 5,487 11.8%75 - 84 2,248 5.8% 2,940 6.8% 3,774 8.1%

85+ 862 2.2% 1,263 2.9% 1,498 3.2%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 30,748 79.4% 33,266 77.2% 34,995 75.3%Black Alone 4,672 12.1% 5,353 12.4% 5,880 12.7%American Indian Alone 91 0.2% 124 0.3% 151 0.3%Asian Alone 1,485 3.8% 1,985 4.6% 2,461 5.3%Pacific Islander Alone 38 0.1% 45 0.1% 49 0.1%Some Other Race Alone 557 1.4% 779 1.8% 989 2.1%Two or More Races 1,116 2.9% 1,519 3.5% 1,939 4.2%

Hispanic Origin (Any Race) 1,896 4.9% 2,670 6.2% 3,380 7.3%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

March 06, 2018

©2018 Esri Page 3 of 6

Page 25: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Demographic and Income Profile4311 New Town Ave, Williamsburg, Virginia, 23188 Prepared by Janice Lewis, CCIMDrive Time: 10 minute radius Latitude: 37.27970

Longitude: -76.74198

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

2.22

1.81.61.41.2

10.80.60.40.2

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

1211109876543210

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

<$15K8.0%

$15K - $24K6.6%

$25K - $34K7.9%

$35K - $49K11.4%

$50K - $74K16.5%

$75K - $99K14.1%

$100K - $149K19.8%

$150K - $199K7.9%

$200K+7.7%

2017 Population by Race2017 Population by Race

Perc

ent

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+

2017 Percent Hispanic Origin: 6.2%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

March 06, 2018

©2018 Esri Page 4 of 6

Page 26: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Demographic and Income Profile4311 New Town Ave, Williamsburg, Virginia, 23188 Prepared by Janice Lewis, CCIMDrive Time: 15 minute radius Latitude: 37.27970

Longitude: -76.74198

Summary Census 2010 2017 2022Population 74,493 82,456 88,580Households 29,054 32,040 34,491Families 19,925 21,780 23,328Average Household Size 2.40 2.42 2.42Owner Occupied Housing Units 20,386 21,796 23,380Renter Occupied Housing Units 8,668 10,244 11,110Median Age 41.9 44.0 45.3

Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.44% 0.92% 0.83%Households 1.49% 0.86% 0.79%Families 1.38% 0.77% 0.71%Owner HHs 1.41% 0.83% 0.72%Median Household Income 1.47% 2.31% 2.12%

2017 2022 Households by Income Number Percent Number Percent

<$15,000 2,190 6.8% 2,353 6.8%$15,000 - $24,999 1,977 6.2% 2,011 5.8%$25,000 - $34,999 2,537 7.9% 2,498 7.2%$35,000 - $49,999 3,612 11.3% 3,528 10.2%$50,000 - $74,999 5,541 17.3% 5,280 15.3%$75,000 - $99,999 4,616 14.4% 5,000 14.5%$100,000 - $149,999 6,144 19.2% 7,071 20.5%$150,000 - $199,999 2,704 8.4% 3,463 10.0%$200,000+ 2,720 8.5% 3,287 9.5%

Median Household Income $75,655 $81,364Average Household Income $97,949 $109,038Per Capita Income $39,287 $43,613

Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent

0 - 4 3,505 4.7% 3,504 4.2% 3,685 4.2%5 - 9 3,810 5.1% 3,849 4.7% 3,937 4.4%10 - 14 4,237 5.7% 4,225 5.1% 4,375 4.9%15 - 19 6,015 8.1% 6,093 7.4% 6,176 7.0%20 - 24 6,905 9.3% 7,412 9.0% 7,087 8.0%25 - 34 7,391 9.9% 8,877 10.8% 9,492 10.7%35 - 44 8,162 11.0% 8,035 9.7% 9,260 10.5%45 - 54 9,859 13.2% 9,893 12.0% 9,382 10.6%55 - 64 9,724 13.1% 11,059 13.4% 11,877 13.4%65 - 74 8,175 11.0% 10,616 12.9% 12,075 13.6%75 - 84 4,819 6.5% 6,248 7.6% 8,082 9.1%

85+ 1,890 2.5% 2,643 3.2% 3,152 3.6%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 58,792 78.9% 63,366 76.9% 66,495 75.1%Black Alone 9,765 13.1% 10,991 13.3% 11,941 13.5%American Indian Alone 219 0.3% 291 0.4% 350 0.4%Asian Alone 2,372 3.2% 3,170 3.8% 3,926 4.4%Pacific Islander Alone 74 0.1% 108 0.1% 131 0.1%Some Other Race Alone 1,161 1.6% 1,657 2.0% 2,089 2.4%Two or More Races 2,109 2.8% 2,871 3.5% 3,649 4.1%

Hispanic Origin (Any Race) 3,556 4.8% 5,155 6.3% 6,555 7.4%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

March 06, 2018

©2018 Esri Page 5 of 6

Page 27: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

Demographic and Income Profile4311 New Town Ave, Williamsburg, Virginia, 23188 Prepared by Janice Lewis, CCIMDrive Time: 15 minute radius Latitude: 37.27970

Longitude: -76.74198

AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

2.22

1.81.61.41.2

10.80.60.40.2

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

<$15K6.8%

$15K - $24K6.2%

$25K - $34K7.9%

$35K - $49K11.3%

$50K - $74K17.3%

$75K - $99K14.4%

$100K - $149K19.2%

$150K - $199K8.4%

$200K+8.5%

2017 Population by Race2017 Population by Race

Perc

ent

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+

2017 Percent Hispanic Origin: 6.3%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

March 06, 2018

©2018 Esri Page 6 of 6

Page 28: For Lease - LoopNet · 2018-03-08 · Newport News, Virginia 23606 757.327.0333 Ron@CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted.

AGENCY DISCLOSURE

In a real estate transaction, when the Agent represents the:

Seller/Landlord:

then an Agent under a listing agreement with a seller acts as the agent for the seller. The

listing company and all of its broker/agents, and the selling company and all of its agents

as subagents of the seller, would owe their fiduciary duties to the seller. The broker and

broker's agents may still provide buyer/tenants, as customers, with information about

properties and available financing, may show them properties, and may assist them in

preparing an offer to purchase, option or lease a particular property.

Buyer/Tenant:

then an Agent under a contract with a buyer acts as the agent for that buyer only, as a

"Buyer/Broker/Agent," and the Agent is not the seller's agent, even if the Purchase

Contract provides that the Seller or the Listing Broker will pay the Agent for the services

rendered to the buyer/tenant. An Agent acting as the buyer's/tenant's agent must disclaim

sub agency if offered and must disclose the Buyer/Tenant Broker/Agent relationship when

dealing with the seller's/landlord's Agent or the Seller/Landlord. The Buyer/Tenant

Broker/Agent owes its fiduciary duties to the buyer/tenant.

Buyer and Seller (Acting as a Dual Agent):

then an Agent, either acting directly or through one or more of the brokerage firm's other

Agents, may be the Agent of both the buyer and the seller, but only if the scope of the

agency is limited by a written agreement and only with the express knowledge and written

consent of both the buyer and the seller. An Agent representing both the buyer and the

seller must disclose all information regarding the agency relationship, including the

limitation on the Agent's ability to represent either party folly and exclusively. The Agent

must not disclose to either party, without the prior consent of the party adversely affected

by the disclosure, any information obtained within the confidentiality and trust of the

fiduciary relationship. As an example, the Agent must not tell the buyer that the seller

will accept a price lower than the listing price, nor tell the seller that the buyer will pay a

price offered, without the prior consent of the party adversely affected by the disclosure.

Campana Waltz Commercial Real Estate, LLC is the Listing Broker, Buyer Broker,

Dual Agent for the property submitted in this information package.

Acknowledged by:

Campana Waltz Commercial Real Estate, LLC