2100 Richmond Rd | Williamsburg, VA 23185
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- LoopNet Team
2100 Richmond Rd
Williamsburg, VA 23185
Red Lobster · Retail Property For Sale
Investment Highlights
- 18-years of primary term remain on the original 25-year absolute NNN lease
- Tenant commitment - building fully renovated in 2013
- Close proximity to Williamsburg Premium Outlets - 500K+ square feet of retail and restaurants
- 2% annual increases throughout the primary term and all option periods (four, five-year)
- Corporate guarantee - Thai Union Group purchased Red Lobster from GGC August 2020
- Nearly $898M in annual consumer spending on food and alcohol (five-mile radius)
Property Facts
Property Type
Retail
Property Subtype
Building Size
8,404 SF
Building Class
B
Year Built/Renovated
2000/2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.06 AC
Zoning
B-2 - With Corridor Protection
Parking
126 Spaces (15.03 Spaces per 1,000 SF Leased)
Frontage
111’ on Richmond Rd
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 3709.143.488 | Improvements Assessment | $1,691,600 |
| Land Assessment | $1,223,300 | Total Assessment | $2,914,900 |
Property Taxes
Parcel Number
3709.143.488
Land Assessment
$1,223,300
Improvements Assessment
$1,691,600
Total Assessment
$2,914,900
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