Investment Highlights
Executive Summary
100% Occupied | 5-Tenant Offering | Notable Tenant Lineup Scheduled Rental Increases | Options To Extend | 2022 Construction? Opportunity to acquire Flagship Commons, a 5-tenant strip offering in Ashburn, VA? The offering features a notable tenant lineup: Five Guys, Big Screen Store, Club Champion, Ashburn Kabob, and Dunkin? Donuts? The leases features scheduled rental increases during the initial term and during option periods, generating NOI and providing a hedge against inflation? Each lease features 2 (5-year) options to extend, demonstrating their commitments to the site and the surrounding trade area? 2022 construction featuring high quality materials, distinct design elements, and high-level finishesNNN Leases | Fee Simple Ownership | Land & Building Ownership | Limited Landlord Responsibilities? Tenant pays for CAM, taxes, insurance and maintains most aspects of the premises? Investor benefits from fee simple ownership of the building and land? Landlord responsibilities limited to roof and structure? Ideal, management-free investment for an out-of-state, passive investorLeesburg Pike (134,000 VPD) | Across From One Loudon Downtown | Dulles Town Center? The asset is located directly off Leesburg Pike/State Highway 7(134,000 VPD), providing users with the ease and convenience of direct on/off ramp access to the site? Across from One Loudoun, a lifestyle mixed-use community that brings a diverse collection of shops, restaurants, corporate offices, entertainment and expertly crafted new homes right to the heart of Loudoun County? The 20-acre development boasts over 365,000 SF of retail space and features major tenants such as Trader Joe?s, SEPHORA, Starbucks, Barnes & Noble, Lululemon, and more? One Loudoun ranks in the top 68% of all lifestyle centers nationwide and in the top 73% of all VA lifestyle centers? Less than 3.5 miles from Dulles Town Center, a 1.38M SF super-regional mall featuring tenants such as Macy?s, Regal, DICK?S, LA Fitness, and moreStrong Demographics 5-Mile Trade Area | Six-Figure Incomes | 32 Miles From Washington D.C.? More than 191,000 residents and 80,900 employees support the trade area? $182,697 average household income? 32 miles from Washington D.C.? Loudon County, the wealthiest county in the nation, boasts a population of over 474,962 & a five-year projected growth of 7.80%
