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2544 Prince William Pky
Woodbridge, VA 22192
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 2011
- Dense retail corridor - adjacent to 1.6M square foot Potomac Mills Mall
- 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
- Tremendous surrounding demographics - population of 236K+ and average household income of $120K+ (five-mile radius)
Property Facts
Property Type
Retail
Property Subtype
Building Size
7,024 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.27 AC
Zoning
PBD
Frontage
81’ on Prince William Pky
Amenities
- Dedicated Turn Lane
- Signalized Intersection
Property Taxes
| Parcel Number | 8292-82-8390 | Improvements Assessment | $1,097,200 |
| Land Assessment | $1,556,000 | Total Assessment | $2,653,200 |
Property Taxes
Parcel Number
8292-82-8390
Land Assessment
$1,556,000
Improvements Assessment
$1,097,200
Total Assessment
$2,653,200
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