Princess Anne Marketplace - Retail

Jones Lang LaSalle ("JLL") is pleased to present the opportunity to acquire Princess Anne Retail Marketplace – a 11,858 square foot shopping center in Virginia Beach, Virginia - Shadow Anchored by Target and Featuring a Dunkin’ Drive-Thru.

The Property is 100% leased with 4.6 years of WALT and is located within a larger shopping center shadow anchored by a 111,966 square foot Target. The Property

has upside through future rent increases due to current below market rents.

The property houses two insurance providers – State Farm and Direct Auto Insurance – and features a variety of restaurant options including Dunkin’, Papa John’s,

Golden China, A&M Finest Deli, and Sweet Frog.

The Property is situated at the heavily trafficked intersection of S Independence Blvd and Princess Anne Rd, providing access to 75,000 vehicles per day.

Endorsed by strong surrounding retail presence, the Property is located in a high-performing retail node in Virginia Beach. Located in the Hampton Roads MSA, the Property is situated in a stable market supported by the United States Navy and The Port of Virginia.