Middletown Technology Center
7165 Valley Pike Ave, Middletown, VA, 22645, US
40.97 ha
Asset Description
Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sales representative for HI-66 (the “Property”), a 21.5 acre development opportunity in Broad Run, Virginia. Upon re-zoning, the Property offers a variety of development options ranging from 61,000 square feet up to 87,000 square feet.
Located adjacent to both Interstate 66 and John Marshall Highway, the Property benefits from incredible transportation access to the D.C. Metro’s 6 million person population, boasting some of the nation’s most sought-after demographics including spending power, educational attainment, and home value. The Property is within a one-hour drive of 3 major airports (Reagan National, Dulles International, and Baltimore-Washington International) as well as the Port of Baltimore, offering true multimodal accessibility, rare for any infill development location.
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Attributes
Land area gross
8.7 ha
Media
Investment Highlights
- Unparalleled Location – Located Along Interstate 66 with Tremendous Visibility and Immediate Access to Downtown Washington DC
- Rare Infill Opportunity – Opportunity to Acquire Rare Last Mile Development with Proximity to Nearly 4 Million People within a 1-Hour Drive
- Data Center Displacement Demand – Approximately 5 Million Square Feet of Displaced Industrial Tenancy Due to Data Center Development in the Next 5 Years
- Excellent Underlying Market Fundamentals – 15% Market Rent Growth Since 2022
- Proximate to Dulles International Airport (IAD) - 25 Minutes from IAD, Which Handles Over 300,000 Tons of Cargo Annually
Contact brokers
Haymarket Industrial - 66 (0 Properties)
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Last updated
21 Oct 2024
