HISTORIC-DOWNTOWN BUILDINGS FOR LEASE ELITE ELITE HISTORIC & EXCLUSIVE DOWNTOWN PROPERTIES 17,236 SF FOR LEASE- SEEKING UNIQUE USES

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1 HISTORIC-DOWNTOWN BUILDINGS FOR LEASE 1001 PRINCESS ANNE ST. & 215 WILLIAM ST. FREDERICKSBURG, VA FOR MORE INFORMATION CONTACT: CAMERON COLEMAN O: M: CARL BRAUN O: M: Central Park Boulevard Fredericksburg, Virginia

2 SUMMARY OF OPPORTUNITY 1201 Central Park Boulevard Fredericksburg, Virginia

3 Summary of Opportunity This property represents the most unique opportunity in downtown Fredericksburg, Virginia. The 6,7006 sf building, known as the Planters National Bank Building and most recently occupied by the Fredericksburg Area Museum features extraordinary architecture and an unequaled presence. The museum is also attached to a 10,530 SF building located on William Street that was used as the museum store. Combined the buildings offer 17,236 sq. ft. of mixed use space, providing opportunities for Retail, Office, Restaurants and more. The property is located on one of the most highprofile corner s in Fredericksburg s historic downtown district. Situated at the signaled intersection of Princess Anne Street and William Street, the building is in the center of dining and night life within Downtown Fredericksburg. Projects such as Amelia Square, a mixed-use development featuring 22 luxury brownstone townhomes, have spurred a chain of redevelopment projects along the William Street corridor. The townhomes at Amelia Square have nearly all been sold with one representing the highest home sale price in the Fredericksburg Region for Recently plans were unveiled for a new planned mixed-use development-liberty Place, that plans to feature up to 40+ luxury condos and a mix of retail and office space. Total Space Available: 17,236 SF 6,706 SF Historic Building-Planters National Bank Building 10,530 SF Building, currently used as the Museum Store Completely Renovated & Restored between (Cost $12MM+) High Quality finished with high ceilings and beautiful architecture One of the most visible, high-profile corner locations within the entire downtown historic district. Within walking distance from University of Mary Washington: 4,000 enrollment Frontage on Princess Anne and William Street, two of the primary routes in downtown Fredericksburg High daytime/employee population 2015 All Rights Reserved. Coldwell Banker Real Estate

4 PROPERTY OVERVIEW 1001Princess Anne & 215 William Street Fredericksburg, VA Central Park Boulevard Fredericksburg, Virginia

5 Aerial Property Exhibit 215 William Street WILLIAM STREET 1001 Princess Anne St. Princess Anne Street Address Building Size Parcel Size 1001 Princess Anne St 6,706 SF.0568 AC 215 William Street 10,530 SF.0605 AC Total 17,236 SF AC 2015 All Rights Reserved. Coldwell Banker Real Estate

6 Property Summary THE PROPERTY 1001 Princess Anne Street 215 William Street Fredericksburg, VA PROPERTY SPECS BUILDING SIZE 1001 Princess Anne 6,706 SF 215 William Street 10,530 SF PROPERTY USE: Former Bank Branch turned museum & gift shop with office, retail, and event space YEAR BUILT: 1924 (Gutted and Completely Renovated in 2008 at a cost of over $12MM TYPE OF CONSTRUCTION & MATERIALS: Aquia Sandstone and Virginia made brick with a steeply pitched slate roof with sky-lights, cast-iron quadruple-hung sash windows, copper downspouts and numerous carved garlands. INTERIOR FINISHES: Excellent quality and finishes typical of modern museum facilities. High ceilings throughout on all floors. Floor coverings are a combination of wood, carpet, and tile All Rights Reserved. Coldwell Banker Real Estate

7 PLANS FREDERICKSBURG, VIRGINIA 1201 Central Park Boulevard Fredericksburg, Virginia

8 Ground Level GROUND LEVEL/ WILLIAM STREET ENTRANCES Mixed Use Space of Retail & Office Potential Uses Retail Shop/Boutique Office (Single or Multi User) Multi Use Retail & Office CONFERENCE ROOM There are 2 entrances from William Street. One which serves the main, open retail space (formerly used as museum shop). The open retail space features a beautiful glass storefront with interior display counter, and built in cabinetry & shelving. In the rear of the space there is a large multi-purpose conference/education room. The second entrance leads into the stairwell and provides separate access into the ground level offices of the Princess Anne St. Building. OFFICE OPEN RETAIL OFFICE OFFICE 2015 All Rights Reserved. Coldwell Banker Real Estate

9 Floor Plan- Ground Level 4 CONFERENCE ROOM OFFICE OPEN RETAIL OFFICE OFFICE All Rights Reserved. Coldwell Banker Real Estate

10 Floor Plans MAIN LEVEL/PRINCESS ANNE ST. Open Space/Gallery Potential Uses Restaurant Event Venue Multi Use Retail & Office The main level (former gallery space) is served by a main entrance on Princess Anne Street. The entrance leads into a corridor with the former bank teller line which then continues into the impressive open, two story space. This grand two story space is lit with large, beautiful windows and accented with stunning historical architecture. Inside the former gallery space is the original vault, complete with original door and hardware. There are two corridors on either side of the vault which serve the elevator, stairwell, and open gallery space on the remainder of the floor All Rights Reserved. Coldwell Banker Real Estate

11 Main Level (Former Gallery): Princess Anne St All Rights Reserved. Coldwell Banker Real Estate

12 RESTAURANT CONCEPT 1 st Floor + Mezzanine Dining (Illustrative Layout) 2 nd FLOOR MEZZANINE DINING KITCHEN 1 st Floor Dining BATHROOMS 1 ST FLOOR DINING 2015 All Rights Reserved. Coldwell Banker Real Estate

13 SECOND LEVEL SECOND LEVEL Office/Mezzanine Potential Uses Office The second floor includes a mezzanine that overlooks the first floor main gallery, an additional open space (gallery) and Class A Office space. The office space features a reception area, breakroom and four offices. The former gallery space could easily be used as additional space for the office such as a conference room. The mezzanine is a unique space that would more than likely serve a potential tenant utilizing the main level space (Ex: The mezzanine could be utilized for a restaurant concept as additional dining space. ) CLASS A OFFICE MEZZANINE POTENTIAL ADDITION TO OFFICE 2015 All Rights Reserved. Coldwell Banker Real Estate

14 SECOND LEVEL CLASS A OFFICE MEZZANINE 2 POTENTIAL ADDITION TO OFFICE 2015 All Rights Reserved. Coldwell Banker Real Estate

15 THIRD LEVEL THIRD LEVEL Open Event/Office/Conference Space Potential Uses Event Space Office Additional Conference/Drafting Room The third level offers a flexible, large open space that can be utilized for many different uses. It was formerly used as a large event/meeting space for the museum. The space could be utilized as additional office or event space for a user on any floor. An additional option would be for a single office user seeking an open concept (Ex: Engineering, Architects- Drafting Room) 2015 All Rights Reserved. Coldwell Banker Real Estate

16 THIRD LEVEL All Rights Reserved. Coldwell Banker Real Estate

17 Building Elevations Princess Anne Street Elevation William Street Elevation 2015 All Rights Reserved. Coldwell Banker Real Estate

18 HISTORIC & EXCLUSIVE DOWNTOWN PROPERTIES Aerial Proximity Map-William Street Corridor SITE 15,000 ADT 12,000 ADT PARK VIEW Residential Condos & Retail 22 Luxury Brownstone Townhomes and Street Level Retail 52 Luxury Condos 45,000 SF Commercial WILLIAM STREET LIBERTY PLACE Planned Kenmore Park HURKAMP PARK All Rights Reserved. Coldwell Banker Real Estate

19 HISTORIC & EXCLUSIVE DOWNTOWN PROPERTIES MARKET OVERVIEW FREDERICKSBURG, VIRGINIA 1201 Central Park Boulevard Fredericksburg, Virginia

20 Location-Fredericksburg Region The Fredericksburg Region has a total population over 340,000 The Greater Fredericksburg Region encompasses 1,400 square miles of land area including the City of Fredericksburg and the surrounding counties of Spotsylvania, Stafford, King George and Caroline. Strategically located midway between Washington D.C. (the 4th largest market in the U.S.), and 50 miles Richmond, VA. The region offers outstanding business, educational and recreational opportunities. As of 2014, the Fredericksburg Region had a total population of 344,631. For the past eight years, the Fredericksburg Region has been the fastest growing region in the Commonwealth of Virginia and is nationally ranked as well. Recent census data from the U.S. Census Bureau has ranked the City of Fredericksburg as the 6th fastest growing locality in the U.S. with a growth rate of 5.8% between April, 2010 to July, Fredericksburg has also been ranked as Virginia s fastest-growing locality since 2010, increasing by more than 15% in a new study released by the University of Virginia s Weldon Cooper Center. Paralleling the population growth is the Region s Employment base. Ranked as the #1 Growth Region, the Fredericksburg area has seen the highest rate of business growth in Virginia for the past 5 years. The Region is home to 3 large military installations; including, Marine Corps Base Quantico, Dahlgren Surface Naval Warfare Center, and Fort A.P. Hill, combined infuse over $7 billion into the economy yearly. Located 50 miles south of Washington D.C. and 50 miles north of Richmond, VA 3 Military Installations located in the Region: Marine Corps Base Quantico (Stafford), A.P. Hill (Spotsylvania), Dahlgren (King George); These bases employ over 40,000 people and produce an economic impact of $6 Billion annually 4 VRE (Virginia Railway Express) Stations: The Spotsylvania VRE Station is planned to open 2015 Home to the University of Mary Washington and Germanna Community College 3 Hospitals: Spotsylvania Regional Medical Center, Mary Washington Hospital, Stafford Hospital Major Employers include: Geico, Department of Defense, FBI, Mary Washington Healthcare The Region has been one of the fastest growing localities in Virginia and the U.S. over the past decade and boast some of the highest household incomes in the Nation The Region s population growth has spurred housing market expansion and has played a major role in economic growth, assisting in the overall recovery from the great recession All Rights Reserved. Coldwell Banker Real Estate

21 HISTORIC & EXCLUSIVE DOWNTOWN PROPERTIES Aerial Proximity Map: William St. Corridor The William/Amelia Street Corridor has become the center for redevelopment in the City of Fredericksburg s Downtown district. The passage of the city s Unified Development Ordinance (UDO) has invigorated interest among developers in a variety of mixed-use projects that will provide both commercial and residential living opportunities. SITE Sophia St MILL DISTRICT REDEVELOPMENT Planned NEW COURTHOUSE COMPLEX Caroline St 162 Residential Units 63,000 SF Commercial FREDERICKSBURG CITY DOCKS Princess Anne St PARK VIEW UNDERWAY Charles St Residential Condos & Retail Prince Edward St LIBERTY PLACE Planned 22 Luxury Brownstone Townhomes and Street Level Retail 52 Luxury Condos 45,000 SF Commercial Kenmore Park WILLIAM STREET 397 Condos & Apartments FREDERICKSBURG NATIONAL CEMETERY & BATTLEFIELD VISITOR CENTER 2015 All Rights Reserved. Coldwell Banker Real Estate

22 Redevelopment Projects AMELIA SQUARE, FREDERICKSBURG, VA BEFORE Use: Industrial/Retail Former Fredericksburg Hardware Store Old Fredericksburg Hardware Building. The roughly 2 acre property was purchased in AFTER Use: Mixed-Use; Residential & Commercial Components 22 Luxury Townhomes 10,000+ SF of Commercial Space The property has been redeveloped to feature 22 Luxury Townhomes with high end features such as elevators, covered terraces, beautiful kitchens, and hard wood floors throughout. The project will also feature a retail building on William Street. A restaurant-sedona House has signed on at the project and plans to begin construction within the year All Rights Reserved. Coldwell Banker Real Estate

23 Redevelopment Projects LIBERTY PLACE, FREDERICKSBURG, VA 1.46 Acre lot with existing Office building to be redeveloped. The current RBA is 26,000 SF, where as the RBA planned upon completion of project will be 133,000 SF, that s an increase of over 400%! The project is planned to feature approximately 52 luxury condos and 27,000 SF of commercial space, with a mix of uses to include offices, retail and restaurants on the street level, underground parking and condominiums above. Design work is underway, the underground parking will be a first for Fredericksburg, with spaces for both condo residents and patrons of the businesses. The condos are expected to range in price from $400,000 to $1 Million +. Existing Proposed RBA: 26,000 SF RBA Planned: 133,000 SF Current Use: Office 52 Luxury Condos & 27,000 SF of Commercial Year Built Planned Construction Start-Fall 2016 # of Stories: 2 # of Stories Planned: All Rights Reserved. Coldwell Banker Real Estate

24 Redevelopment Projects PARKVIEW 0.33 Acre Parcel-Vacant Parking Lot to be developed into a 4-story mixed use building. The project broke ground in April 2015 and is planned to be completed early The 17,098 square foot concept will feature the Community Bank of Chesapeake on the first floor. The three floors above will be constructed as high-end residential condos. Existing Proposed RBA: N/A RBA upon Completion: 17,098 SF Current Use: Parking/Vacant Planned Use: Retail & Residential Condos Picture taken May 27, All Rights Reserved. Coldwell Banker Real Estate

25 Demographics: Fredericksburg Region DEMOGRAPHICS (2014): THE REGION Population: 344,631 Households: 177,969 Median HH Income: $81,394 Civilian Labor Force: 175,508 Avg Age: 35 Population (20-64): 198,688 (57.6%) 2012 GDP: $14.54B STAFFORD COUNTY Population: 136,260 Median HH Income: $101,372 FREDERICKSBURG CITY Population: 28,213 KING GEORGE COUNTY Population: 24,907 Median HH Income: $84,057 SPOTSYLVANIA COUNTY Population: 126,028 Median HH Income: $80,884 CAROLINE COUNTY Population: 29, All Rights Reserved. Coldwell Banker Real Estate

26 CONTACT INFORMATION For more information, please contact: COLDWELL BANKER COMMERCIAL 1201 Central Park Boulevard Fredericksburg, VA CARL BRAUN O: M: CAMERON COLEMAN O: M: All Rights Reserved. Coldwell Banker Real Estate