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Marumsco Plaza - Woodbridge, VA 14079 Richmond Hwy 14,990 SF 100% Leased Retail Building Woodbridge, VA 22191 $10,359,360 CAD ($691.08 CAD/SF) 5.60% Cap Rate



EXECUTIVE SUMMARY
• Multi-tenant retail investment opportunity in Woodbridge, Virginia, an affluent suburb of Washington, D.C.
• Offering includes a multi-tenant building featuring a diverse lineup of tenants including Advance Auto Parts, Little Caesars, Boost Mobile & Sherwin-Williams
• All tenants occupying the multi-tenant property operate under NNN leases, making this an ideal, low-management investment opportunity for a passive investor
• Majority of the tenants in this offering feature scheduled rental increases, growing NOI and hedging against inflation
• The property is strategically located along US Route 1, a major thoroughfare serving the region, which averages 38,000 vehicles passing by daily
• The property is ideally situated as an outparcel to Marumsco Plaza, a shopping center anchored by Family Dollar and Todo’s Supermarket in the heart of a dense retail corridor
• Other nearby national/credit tenants include 7-Eleven, McDonald’s, Pepboys, Valvoline, Aaron’s, Planet Fitness, and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• The 5-mile trade area is supported by more than 203,900 residents and 53,700 employees, providing a direct consumer base to draw
• Residents within 5 miles of the subject property boast an affluent average household income of $141,857
• Woodbridge, Virginia is located just 23 miles from Washington DC, and benefits from close proximity to Arlington, Alexandria, and Crystal City
• Offering includes a multi-tenant building featuring a diverse lineup of tenants including Advance Auto Parts, Little Caesars, Boost Mobile & Sherwin-Williams
• All tenants occupying the multi-tenant property operate under NNN leases, making this an ideal, low-management investment opportunity for a passive investor
• Majority of the tenants in this offering feature scheduled rental increases, growing NOI and hedging against inflation
• The property is strategically located along US Route 1, a major thoroughfare serving the region, which averages 38,000 vehicles passing by daily
• The property is ideally situated as an outparcel to Marumsco Plaza, a shopping center anchored by Family Dollar and Todo’s Supermarket in the heart of a dense retail corridor
• Other nearby national/credit tenants include 7-Eleven, McDonald’s, Pepboys, Valvoline, Aaron’s, Planet Fitness, and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
• The 5-mile trade area is supported by more than 203,900 residents and 53,700 employees, providing a direct consumer base to draw
• Residents within 5 miles of the subject property boast an affluent average household income of $141,857
• Woodbridge, Virginia is located just 23 miles from Washington DC, and benefits from close proximity to Arlington, Alexandria, and Crystal City
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
14,990 SF
Year Built
2012
Price
$10,359,360 CAD
Price Per SF
$691.08 CAD
Cap Rate
5.60%
NOI
$580,260 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.21
Lot Size
1.61 AC
Opportunity Zone
Yes
Zoning
B1
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 8392-72-8056 | Improvements Assessment | $4,409,308 CAD |
| Land Assessment | $1,558,191 CAD | Total Assessment | $5,967,499 CAD |
PROPERTY TAXES
Parcel Number
8392-72-8056
Land Assessment
$1,558,191 CAD
Improvements Assessment
$4,409,308 CAD
Total Assessment
$5,967,499 CAD
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Marumsco Plaza - Woodbridge, VA | 14079 Richmond Hwy
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