RETAIL OFFICE Retail & Office for Lease FREDERICKSBURG S PREMIER DOWNTOWN BUSINESS LOCATION NOW LEASING Retail, Restaurant and Class A Office Space Available for Lease Heather Hagerman 540.429.2429 hhagerman@coldwellbankerelite.com Ben Keddie, CCIM 540.786.1402 bkeddie@coldwellbankerelite.com www.cbcelite.com 2017 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BLVD., FREDERICKSBURG, VA 22401 540-786-1402
COLDWELL BANKER COMMERCIAL IS PLEASED TO PRESENT, THE PREMIER MIXED USE REDEVELOPMENT PROJECT IN DOWNTOWN FREDERICKSBURG. Liberty Place will feature over 84,000 sq. ft. of prime, downtown retail, restaurant and office space. The project will offer a variety of commercial space, consisting of 14,500 +/- SF of retail, 8,200 +/- SF for Restaurants and 56,000 +/- SF of office space. Furthermore the project will include a 303 space, above-ground parking garage, the largest parking structure in downtown Fredericksburg. This one-of-a-kind redevelopment project will feature the only Class A office space in Downtown Fredericksburg. The office space will include high end finishes, tall ceilings (9 6 ceiling height), open floor plans and large window allowing for plenty of natural light. The retail and restaurant space will have significant frontage on William & Winchester Streets, taking advantage of the great visibility on one of the busiest corridors is downtown Fredericksburg. These spaces will feature well appointed exterior awnings and potential for outdoor dining for restaurants. The development is situated near the heart of Historic downtown Fredericksburg & along one of the most prominent gateways into historic downtown Fredericksburg. Tenants will enjoy the easy walkability of this downtown location, with numerous parks, historic landmarks and other recreational areas just minutes away. The project is also within walking distance from University of Mary Washington as well as other economic drivers that will help feed traffic to the project. TOTAL PROJECT SIZE 84,000 SF Class A Office Space Liberty Place will feature the Only class A Office Space in Downtown Fredericksburg LARGEST DOWNTOWN PARKING STRUCTURE COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM
PROPERTY SPECS Total Project Size: 84,000 sq. ft. Office Space Class: Class A Amelia St. # of Stories 3 Planned Ground Breaking: 2018 Douglas St. SITE Winchester St. Parcel GPIN: 7789-04-0822 Parcel Size (AC): 1.42 Acres William St. Zoning: CD Locality: Fredericksburg, VA 14,500 SF Street Level Retail 8,200 SF Restaurant Space 56,000 SF Office Space Individual space sizes can be changed to accommodate a tenants needs. I.E. more restaurant space can be added from retail per demand COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM
Project Renderings COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM
RETAIL & RESTAURANT SPACE Conceptual Floor Plan 1st Floor Winchester Street Douglas Street William Street COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM
OFFICE SPACE Conceptual Floor Plans 2 nd & 3 rd Floors Parking Garage Winchester Street Douglas Street William Street COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM
LOCATION Downtown Fredericksburg COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM
DOWNTOWN FREDERICKSBURG 1 2 3 6 JAMES MONROE HIGH SCHOOL 1,000 Students 7 5 4 MARY WASHINGTON HOSPITAL (400+ Beds) DOWNTOWN LOCATION WITHIN WALKING DISTANCE OF RECREATIONAL AREAS Parks and Other Attractions: University of Mary Washington with over 5,000 students & 200+ staff 1 Old Mill Park 2 Riverfront Park Fredericksburg VRE/Amtrak Station Numerous Restaurants & Shops (Over 10 restaurants on William Street alone) Recreational areas such as the Rappahannock River, the Canal Path, Kenmore park and more 3 City Docks 4 Fredericksburg National Cemetery 5 Kenmore Park 6 Fredericksburg Courthouse Complex 7 Old Cossey Pond & Dog Park COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM
DEMOGRAPHICS 1 MILES 3 MILES 5 MILES POPULATION 11,599* 12,491** 53,323* 57,900** 102,961* 111,172** DAYTIME POPULATION 18,760* 65,474* 113,082* HOUSEHOLDS 4,398* 4,833** 19,794* 21,516** 37,608* 40,557** AVERAGE HH INCOME $104,591* $117,760** $95,198* $107,457** $93,891* $106,525** MEDIAN HOME VALUE $362,473* $415,246** $309,656* $340,617** $296,003* $325,053** Source: ESRI Full demographic reports available upon request *2017 Estimate **2022 Projection COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM
Aerial Proximity Map Exit 133 CELEBRATE VIRGINIA CENTRAL PARK Eagle Village SPOTSYLVANIA CROSSING Exit 130 Mary Washington Hospital FREDERICKSBURG COWAN CROSSINGS GREENBRIER SHOPPING CENTER SPOTSYLVANIA TOWNE CENTER COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM
MARKET OVERVIEW The Greater Fredericksburg Region COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM
THE FREDERICKSBURG REGION Greater Fredericksburg Region The Fredericksburg Region has a total population over 360,000 Located 50 miles south of Washington D.C. and 50 miles north of Richmond, VA Stafford & Spotsylvania counties are projected to be the fastest growing D.C. suburbs through 2040! Over $650 Million spend annually by tourist traveling the Region 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 $7 Billion annually 5 VRE (Virginia Railway Express) Stations 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 Richmond, VA, the region offers outstanding business, educational and recreational opportunities. As of 2017, the Fredericksburg Region had a total population of 364,871, and is anticipated to double in the next 25 years. 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. The Fredericksburg Region, according to a new study released by the University of Virginia s Weldon Cooper Center, will be the fastest growing suburb of Washington D.C. through 2040. Ranked as the #1 Growth Region, the Fredericksburg area has seen the highest rate of business growth in Virginia for the past 8 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, which combined infuse over $7 billion into the economy yearly. The Region s population growth has spurred housing market expansion and growth, which will continue through 2040. COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM
INFOGRAPHIC MARKET STATISTICS THE FREDERICKSBURG REGION 360,000+ RESIDENTS As of 2017, There are 364,871 residents living in the greater Fredericksburg Region DEMOGRAPHICS (2017) Households: 123,798 Median Home Value: $304,937 Average HH Income: $100,315 Civilian Labor Force: 175,508 Avg Age: 36 GEICO Regional HQ: 4,000 Employees Tourist Spent $676M Locally when Travelling to the Fredericksburg Region in 2015 Spotsylvania County ($266M), Fredericksburg ($171M), Stafford County ($127M), Caroline County ($91M), King George County ($21M) Gross Domestic Product Virginia s #1 Growth Region Home to 3 Large Military Installations: providing over $7 billion in economic impact annually Home to some of the Highest Household Incomes in the Nation (Stafford County Ranked #5 in the Nation) Over $500M in Major Transportation Projects and Investment in the Region underway Dark Fiber Network Now Available along I-95 Significant Business Incentive Zones and Business Friendly Environment Over $628M spent on Tourism (2013) Source: ESRI and Fredericksburg Regional Alliance 175,000 CIVILIAN WORKFORCE Employment Information Civilian Workforce: 175,508 Fredericksburg Named SBA Small Business Community of the Year Twice the National Average of BS Degrees 10% of Workforce hold graduate degrees such as Master s of PhD 4.2% Unemployment Rate 1M workers within 40 miles Stafford County ranks #1 in VA for Job Growth over the past 5 years Projected job growth of 3.2% annually over next 10 years Total GDP (Gross Domestic Product) for the greater Fredericksburg Region is over $14,000,000,000 TOTAL RETAIL GAP Total Retail Demand for the Greater Fredericksburg Region is Currently $4.257B where supply is $3.617B leaving a total gap of $1.119B (Source: ESRI) COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM
MARINE CORPS BASE QUANTICO EXIT 143 STAFFORD REGIONAL AIRPORT EXIT 140 STAFFORD HOSPITAL HUNTING RUN RESEVOIR 4,000 Employees EXIT 133 EXIT 136 POTOMAC RIVER NSWC DAHLGREN MOTTS RUN RESEVOIR EXIT 130 COLONIAL BEACH NI RIVER RESEVOIR EXIT 126 SPOTSYLVANIA REGIONAL HOSPITAL 208 EXIT 118 FORT A.P. HILL LAKE ANNA CITY OF FREDERICKSBURG STAFFORD COUNTY QUICK DEMOGRAPHICS Population: 28,990 Households: 11,423 Avg. HH Income: $67,030 SPOTSYLVANIA COUNTY Population: 129,863 Households: 44,263 Avg. HH Income: $96,089 Population: 142,986 Households: 46,066 Avg. HH Income: $116,380 KING GEORGE COUNTY Population: 26,022 Households: 9,155 Avg. HH Income: $99,326 CAROLINE COUNTY Population: 30,638 Households: 11,231 Avg. HH Income: $71,565 COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM
Exclusively Listed By: Heather Hagerman Senior Sales & Leasing Associate Coldwell Banker Commercial Elite hhagerman@coldwellbankerelite.com 540.369.4622 BEN KEDDIE, CCIM VP & Managing Broker Coldwell Banker Commercial Elite bkeddie@coldwellbankerelite.com 540.540.786.1402 COLDWELL BANKER COMMERCIAL 1201 CENTRAL PARK BOULEVARD, FREDERICKSBURG, VA 22401 540.786.1402 WWW.CBC.COM