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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]

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RETAIL SPACEAVAILABLE

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•••

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