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Winding Brook Investment/Land Portfolio

4 Properties in Ashland, VA

Investment Highlights

  • Investment-grade tenants include Hobby Lobby, Starbucks and Boot Barn.
  • Seamless access to the site via Lewistown Road and Lakeridge Parkway via multiple curb cuts and two signalized intersections.
  • The 11.25 acres of land allows for up to 100,000 SF of additional development.
  • Great visibility from Interstate 95 (134,000 VPD) and seamless ingress and egress via exit 89.

Executive Summary

WINDING BROOK is a 185-acre mixed-use development incorporating retail,
restaurants, entertainment, industrial, hospitality, and residential. The development
is anchored by Bass Pro (150,000 SF), along with Islamorada Fish Company
Restaurant, Country Inn & Suites, Fairfield Inn & Suites, Wendy’s, Bojangles’s,
Subway, Dunkin Donuts, Green Top Indoor Shooting Range, and more.
WINDING BROOK DEVELOPMENT has been an ongoing project since 2006, since
the opening of Bass Pro as the first retail tenant, and was followed by Wendy’s,
Bojangles, Shoppes I and Shoppes II, Winding Brook Office (8,000 SF office/
medical building), 85 residential units developed by Ryan Homes, and Winding
Brook Industrial (750,000 square foot industrial complex). To the latest addition
of Winding Brook Retail, the available Investment Portfolio that includes:
- Hobby Lobby, 55,000 square feet, opened in Fall 2023
-Starbucks, 2,500 square feet, opened Summer 2022
-Boot Barn, 10,000 square feet, opened Fall 2021
WINDING BROOK RETAIL offers a value-add land opportunity to expand the retail
development that consists of the following:
-11.25 acres with utilities to the site
- Up to 100,000 SF for development adjacent to Hobby Lobby
WINDING BROOK DEVELOPMENT is in Hanover County, just south of The Town of
Ashland. It is strategically located along I-95, conveniently off Lewistown Road Exit
#89, three miles north of the I-295 outer loop, providing easy access to the I-64
corridor. The location offers an extended reach to east and west trade areas,
with over 130,000 vehicles passing the site daily. It also sits adjacent to Northlake
Park I and II, a 1.3M of existing retail, office, and industrial space on a 400-acre
site, home to Owens & Minor Distribution, Blue Bell Creameries, Harley Davidson,
Amazon, Airstream of VA, and more.

Data Room Click Here to Access

Property Facts

Sale Conditions Bulk/Portfolio Sale
Sale Type Investment NNN
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 67,556 SF
Total Land Area 18.36 AC
  • Listing ID: 33533441

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: Winding Brook Investment/Land Portfolio, Ashland, VA

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