AN EXCLUSIVE INVESTMENT OFFERING PRESENTED BY THE KLNB INVESTMENT SALES GROUP KING GEORGE GATEWAY CENTER 16417 - 16471 Merchant Lane | King George, VA 22485 | King George County ANDY STAPE 202.652.2335 [email protected] URMI JOSHI 202.652.2333 [email protected] VITO LUPO 202.652.2334 [email protected] JON DIAMOND 202.420.7767 [email protected] 70' 70' 11,875 SF 20,000 SF 5,000 SF 8,000 SF 9,600 SF 9,600 SF 5,000 SF 1,600 SF NAIL SALON 1,600 SF 2,400 SF 12,000 SF Merchants Lane Market Center PAD 9 PAD 10 POTENTIAL LAYOUT POTENTIAL LAYOUT FUTURE RETAIL SPACE AVAILABLE 5,000 SF • • • Naval Surface Warfare Center Dahlgren Division GATE A GATE B 4,300 Acres 3.1m SF Facilities 10,000 Employees BASE INFO Dahlgren Educational & Research Center Operated by 1,500 Daily Attendees 45,000 SF 26,000 (2017 ADT) 17,000 (2017 ADT) Fredericksburg 27 miles 301 APPROXIMATELY 1,500 EMPLOYEES D a h l g r e n R d King George Gateway Development 2017 DEMOGRAPHIC SUMMARY Population Daytime Pop+Dahlgren Base Avg HH Income 3 MILE 4,680 13,454 $103,050 5 MILE 6,524 13,709 $101,461 TRADE AREA 81,762 33,712 $76,894 10 MILE 30,581 18,564 $94,846 • The dominant shopping center in the submarket • 72,475 SF center shadow anchored by Walmart Supercenter • Value-add opportunity: • 2 pad sites totaling 19,200 SF of future development potential (utilities to-site) • Immediate upside through the lease-up of 2 vacancies totaling 7,400 SF • 78% of GLA and 81% of base rental income contributed by corporate leases • Located at entrance to Dahlgren Naval Surface Warfare Center with over 10,000 daytime employees • Part of King George Gateway develop. which includes the new Dahlgren Education & Research Ctr., Holiday Inn, & 29,300 SF of restaurant/service-oriented credit tenants on 6 pad sites • Serves large Northern Neck trade area with over 81,000 residents • Highly visible with signalized access to 26,000 VPD on Route 301/James Madison Parkway