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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
Restaurant
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

Property Taxes

Parcel Number
8292-82-8390
Land Assessment
$1,556,000
Improvements Assessment
$1,097,200
Total Assessment
$2,653,200
  • Listing ID: 22064681

  • Date on Market: 1/25/2021

  • Last Updated:

  • Address: 2544 Prince William Pky, Woodbridge, VA 22192

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