16417-16471 Merchants Ln
King George, VA 22485

The KLNB Retail Investment Sales Group is pleased to exclusively present the offering of the fee simple interest in King George Gateway Center, a 72,475 square-foot neighborhood center located in the King George submarket. The center is a regionally dominant retail hub that is occupied by eight complementary tenants including Petco, Dollar Tree, and Peebles, among others. In aggregate, 82% of the base rent and 79% of the GLA is contributed by credit tenants, providing stability of cash flow to an investor. King George Gateway Center is a component of a larger development which is anchored by a 150,000 square-foot Walmart Supercenter that is contiguous to the subject property. In addition, there are six developed pad sites at the front of the property totaling 29,300 square feet that include credit tenants such as Starbucks, Advanced Auto, Five Guys, and Murphy Oil. These credit tenants along with Walmart draw shoppers from an extended trade area. Also in the development are a Holiday Inn and IHOP (under construction), and a 42,000 square-foot Dahlgren Educational & Research Center operated by the University of Mary Washington. This offering presents an investor significant upside in leasing two vacant units totaling 7,400 square feet. Additionally, two development-ready pad sites – lots 9 and 10 – are part of the offering and provides an investor the ability to develop approximately 19,200 square feet of future retail.