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349 Pleasant Landing Rd - Pleasants Landing at Lake Anna 18,300 SF Specialty Building Offered at $6,600,000 in Bumpass, VA 23024
INVESTMENT HIGHLIGHTS
- 1. Marina tenants providing complete marina services: Sales, Rentals, Repairs, Wet & Dry Storage, Fuel, Launch, Beach and more..
- 3. Restaurant tenant, Pleasants Landing has the largest Restaurant on Lake Anna, seating 186 indoors plus 80 persons on outdoor patio.
- 5. Events, Pleasants Landing is the only outdoor lake front venue on the 25 mile long lake, encompassing 3 counties, providing a covered outdoor stage
- 2. Tremendous upside potential Income of 100 additional Boat Slips, pending approval from Dominion. Application pending, see "Site plan extra docks"
- 4. Recreational Park, Pleasants Landing is 1 of 2 commercial beaches on all of Lake Anna, picnic areas w/grills & pavilions, volleyball, etc. Frequent
- 6. All leases are NNN. Call for more info regard tenant leases.
EXECUTIVE SUMMARY
Pleasants Landing was purchased by Vallerie Holdings in 2016. This has been an ongoing restoration and development project:
There are two areas to be considered for additional development:
1. There is 4,660 sqft of upper floor area with superior waterfront views. this area needs to be converted from storage to a commercial use. In addition, in 2017, a 24 ft x 80 ft (1920 sqft) stone stamped concrete patio was installed. This patio was installed with footing to support a 24 ft x 80 ft balcony. We leave it to you to estimate the income potential of this area.
2. We currently have our engineers working on the development of additional docks and boat slips . We are currently seeking permission from Dominion Energy (Owner of Lake Anna) to install (in excess of) an additional 100 boat slips. We currently lease residential boat slips at the rate of $1300 annually and commercial slips at $2300 annually. This amounts to approximately an additional $175,000 of annual revenue.
Pleasants Landing is the only event and recreational facility within the 3 counties with waterfront access. This is a 12 acre breathtaking waterfront site with 2,500 ft of water frontage.
There are two areas to be considered for additional development:
1. There is 4,660 sqft of upper floor area with superior waterfront views. this area needs to be converted from storage to a commercial use. In addition, in 2017, a 24 ft x 80 ft (1920 sqft) stone stamped concrete patio was installed. This patio was installed with footing to support a 24 ft x 80 ft balcony. We leave it to you to estimate the income potential of this area.
2. We currently have our engineers working on the development of additional docks and boat slips . We are currently seeking permission from Dominion Energy (Owner of Lake Anna) to install (in excess of) an additional 100 boat slips. We currently lease residential boat slips at the rate of $1300 annually and commercial slips at $2300 annually. This amounts to approximately an additional $175,000 of annual revenue.
Pleasants Landing is the only event and recreational facility within the 3 counties with waterfront access. This is a 12 acre breathtaking waterfront site with 2,500 ft of water frontage.
DATA ROOM Click Here to Access
- Offering Memorandum
- Market Information
- Operating and Financials
PROPERTY FACTS
AMENITIES
- Property Manager on Site
- Signage
- Waterfront
- Air Conditioning
- Smoke Detector
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
Michael Vallerie
349 Pleasant Landing Rd - Pleasants Landing at Lake Anna
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