LEESBURG OFFICE CONDOS FOR SALE OR LEASE
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1 LEESBURG OFFICE CONDOS FOR SALE OR LEASE Village at Leesburg Dodona Terrace, SE Intersection of Rt. 7 & Crosstrail Blvd. ELEVATORS BEING INSTALLED 30,759 sf of Office Condos with Rt. 7 visibility in the regional lifestyle center, Village at Leesburg Locate your office in this exciting environment of retail, office and residential uses. The information above was furnished to us by sources we believe to be reliable but no warranty or representation is made to its accuracy. It is your responsibility to independently confirm its accuracy and completeness. This offering is subject to correction or errors and omissions, change of pricing, prior to sale/lease or withdrawal from the market, without notice. Barbara Bechtle ext. 106 bbechtle@veritycommericial.com Ken Traenkle ext. 102 ktraenkle@veritycommercial.com Ellie Bechtle ext. 107 ebechtle@veritycommericial.com
2 Table of Contents Overview 1 Maps & Illustrations 3 Floor Plans 5 Pricing & Status 9 Financial Institutions 10 Directions From Tysons Corner travel West on Route 7: Exit at Crosstrail Blvd., South Right at Russell Branch Take first right past Wegman s Left on Village Market Boulevard First right on Dodona Terrace Left at the end to 1509 Dodona Terrace From Leesburg: East on Market Street (Rt. 7) South on Crosstrail Blvd. Follow directions above
3 OVERVIEW Location: Rt. 7 and Crosstrail Boulevard, Leesburg, VA (Loudoun Co.) Developer: Carlyle/Cypress Leesburg I, LP, a partnership between a Cypress Equities company*, Kettler, & The Carlyle Group Project: Village at Leesburg is a signature mixed use location comprising 1.2 million square feet of development on 57 acres. It has 520,000 sf of retail & restaurants which are more than 85% leased including anchor tenants, Wegmans, LA Fitness and Cobb Village 12 Cinemas. King Pinz, Travina Italian Kitchen and Charming Charlies are among many other merchants. There are 335 residential units (98% leased) and 150,000 square feet of offices for sale and lease. Lowe s has purchased land at the corner of Battlefield Parkway and Russell Branch for the development of a new store, and Russell Branch Parkway will be extended. Condo Buildings: The office condos at Village at Leesburg include three 2- story buildings totaling 30,759 square feet, Each building contains 6 units, ranging from 1,700 to 10,253 square feet for the entire building. Purchase one unit or an entire floor. * The Cypress Equities name, logo and other marks are trademarks and service marks of CE Brands, LLC, being licensed to independent operating companies. Any particular obligation, service or product is the sole responsibility of the specific entity that incurs such obligation or supplies such service or product. 1
4 OVERVIEW-CONTINUED Sales Price: From $250 per square foot See Price List on Page 9 Lease Rate: $23.00 per square foot, NNN (NNN approximately $6.00/sf) Condo Fee: $3.13 per square foot Signage: Building exterior lighted signage opportunities facing Rt. 7 Parking: Traffic Count: Financing: Just Opened! Elevators: Covered parking at 3.3 spaces per thousand square feet 70,000 vehicles per day 90% financing in the form of an SBA 504A loan is available for qualified purchasers with rates currently at an all time low. See our lender list on Page 7. NEW EXIT Road from Wegmans will bring many cars past these buildings and increase visibility and traffic counts. ELEVATORS BEING INSTALLED in 1507 and 1503 Dodona Terrace to provide handicapped accessibility to the second levels. 2
5 AERIAL VIEW New Access Road 3
6 LOUDOUN COUNTY MAP 4
7 SUITE 210 SHELL 1,725 SF $431,250 ($250.00) SUITE 205 SHELL 1,722 SF $430,500 ($250.00) Second Floor First Floor SUITE 200 SHELL 1,725 SF $431,250 ($250.00) FLOOR PLANS 1503 Dodona Terrace 5
8 SOLD SUITE 110 1,725 SF $431,250 ($250.00) LIFT 1,722 SF $430,500 ($250.00) Second Floor 1032 SF $273,482 ($265.00) First Floor 1,725 SF $431,250 ($250.00) FLOOR PLANS 1507 Dodona Terrace 6
9 1,696 SF $491,840 ($285.00) 1,725 SF $457,125 ($265.00) 2,631 SF $697,215 ($265.00) SUITE 205 SHELL 906 SF $ 240,090 ($265.00) Second Floor First Floor FLOOR PLANS 1509 Dodona Terrace 7
10 SUGGESTED FLOOR PLAN Approximately 3,385 SF 8
11 PRICE LIST SUITE GROSS SF PRICE PSF PURCHASE PRICE STATUS 1503 Dodona Terrace ±5,081 SOLD 200 ±1,725 $ $431,250 Shell 205 ±1,722 $ $430,500 Shell 210 ±1,725 $ $431,250 Shell 1507 Dodona Terrace 100 ±1,696 SOLD 105 ±1,032 $ $273,480 Shell 110 ±2,353 SOLD 200 ±1,725 $ $431,250 Shell 205 ±1,722 $ $430,500 Shell 210 ±1,725 $ $431,250 Shell 1509 Dodona Terrace 100 ±1,651 SOLD 105 ±1,734 SOLD 110 ±1,696 $ $491,840 Built Out 201 ±2,100 SOLD 205 ± 906 $ $240,090 Shell 210 ±1,725 $ $457,125 Built Out 205 & 210 ±2,631 $ $697,215 Partially Built Out For Lease: $23.00/sf NNN 9
12 FINANCIAL INSTTUTIONS Access National Bank 1800 Robert Fulton Drive Reston, Virginia John D. Yaremchuk, Exec. Vice President Bank of America Main Street Fairfax, Virginia Andrew Foust, Vice President Capital One 1680 Capital One Drive McLean, VA Ryan J. Cash, Vice President Nate Hoffman (571) Cardinal Bank 8270 Greensboro Drive, Suite 500 McLean, VA James N. Estep, Ass t VP & Loan Officer james.estep@cardinalbank.com Janel M. Giambrone, Ass t VP Janel.gaimbrone@cardinalbank.com Chain Bridge Bank 1445-A Laughlin Avenue McLean, Virginia Alex Saidii, Vice President asaidi@chainbridgebank.com Sun Trust 1301 Chain Bridge Road McLean, Virginia Marian L. Egge, Vice President marianegge@suntrust.com First Citizens Bank 40 Catoctin Circle NE Leesburg, Virginia Kevin Brown, Vice President Kevin.brown@firstcitizens.com M&T Bank 1861 Wiehle Avenue Reston, VA Dee Kakar, VP - Business Banking dkakar@mtb.com United Bank 2071 Chain Bridge Road Vienna, Virginia Robert Hutchins, Market President robert.hutchins@bankwithunited.com Please call or to obtain current rate sheets. You may use any lender of your choice, including your own bank. Broker/Agents has provided this list for information purposes only and does not guarantee financing. Purchaser should, and Broker/Agent suggests, Purchaser perform its own due diligence regarding any financing and Purchaser is sole responsible to obtain its financing in accordance with the purchase agreement. 10
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