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For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345...

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Campana Waltz Commercial Real Estate, LLC Ron A. Campana, Jr. or Vince Campana 11832 Fishing Point Drive, Suite 400 Newport News, Virginia 23606 757.327.0333 [email protected] www.CampanaWaltz.com This information was obtained from sources deemed to be reliable, but is not warranted. This offer subject to errors and omissions, or withdrawal, without notice. FOR ADDITIONAL INFORMATION, PLEASE CONTACT: For Lease New Town Premiere Office Space 4345 New Town Avenue Williamsburg, Virginia
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Page 1: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

Campana Waltz Commercial Real Estate, LLC

Ron A. Campana, Jr. or Vince Campana

11832 Fishing Point Drive, Suite 400

Newport News, Virginia 23606

757.327.0333

[email protected]

www.CampanaWaltz.com

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

For Lease New Town Premiere Office Space

4345 New Town Avenue

Williamsburg, Virginia

Page 2: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

FOR LEASE

4345 New Town Avenue

Suite 200

Williamsburg, Virginia

Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park

Boulevard and New Town Avenue). New Town is an active and diverse 365

acre development in the heart of Williamsburg / James City County.

Residents can play, work as well as live in this neo classical community.

There is a strong and thriving retail market within walking distance totaling

more than 170 shops and restaurants. New Town is home to many businesses,

restaurants, a 12-screen movie theater, gym parks and walking trails. Concerts

and other special events are held through out the year.

Description: This premiere office location measures a total of 4,777 square feet. The

second floor office suites offer private balcony suites, a built out conference

room, break area, restrooms, signage, and elevator access. The property has

frontage on two of New Town’s main corridors and is surrounded by public

parking. The office is located above the very popular Paul’s Deli &

Neighborhood Restaurant.

Lease Rate: Entire Suite- 4,777 square feet – $22.00/Sq.Ft. – NNN

(Suites can be separated to offer smaller footprints)

Parking: Ample Parking

Zoning: MU – Mixed Use.

General Information: Rare opportunity at an Outstanding Central Williamsburg Location

Surrounded by numerous retailers, professional businesses and solid

residential neighborhoods

Also included:

Property Photos

Site Plan

Aerial Maps

Location Map

Demographic and Income Profile

For Additional Information, Please Contact:

Ron Campana, Jr. or Vince Campana

Campana Waltz Commercial Real Estate, LLC

11832 Fishing Point Drive, Suite 400

Newport News, Virginia, 23606

757.327.0333

[email protected] & [email protected]

www.CampanaWaltz.com

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions or withdrawal without notice.

Page 3: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

4345 New Town Avenue

Williamsburg, Virginia

Page 4: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

Page 5: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

Page 6: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

Page 7: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

4345 New Town Avenue

Williamsburg, Virginia

The property is on the second floor of the building.

For illustration purposes only.

Page 8: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

4345 New Town Avenue

Williamsburg, Virginia

The property is outlined in blue and highlighted in yellow.

For illustration purposes only.

Page 9: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

4345 New Town Avenue

Williamsburg, Virginia

Page 10: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

$22.75

100%

640 SF

2007

21,608 SF

Storefront

General Retail

Rent/SF/Yr:

% Leased:

Total Available:

Year Built:

GLA:

Secondary:

Building Type:

Radius 1 Mile 3 Mile 5 Mile

Population

2023 Projection 9,404 44,967 80,947

2018 Estimate 8,989 42,388 76,246

2010 Census 7,953 37,807 68,768

Growth 2018 - 2023 4.62% 6.08% 6.17%

Growth 2010 - 2018 13.03% 12.12% 10.87%

2018 Population by Age 8,989 42,388 76,246

Age 0 - 4 590 6.56% 2,424 5.72% 4,095 5.37%

Age 5 - 9 367 4.08% 2,069 4.88% 3,809 5.00%

Age 10 - 14 279 3.10% 2,036 4.80% 4,021 5.27%

Age 15 - 19 863 9.60% 3,080 7.27% 5,356 7.02%

Age 20 - 24 1,541 17.14% 4,138 9.76% 6,334 8.31%

Age 25 - 29 1,041 11.58% 3,317 7.83% 5,165 6.77%

Age 30 - 34 628 6.99% 2,579 6.08% 4,239 5.56%

Age 35 - 39 465 5.17% 2,228 5.26% 3,927 5.15%

Age 40 - 44 362 4.03% 2,053 4.84% 3,873 5.08%

Age 45 - 49 336 3.74% 2,141 5.05% 4,169 5.47%

Age 50 - 54 354 3.94% 2,333 5.50% 4,630 6.07%

Age 55 - 59 350 3.89% 2,358 5.56% 4,730 6.20%

Age 60 - 64 338 3.76% 2,363 5.57% 4,659 6.11%

Age 65 - 69 358 3.98% 2,498 5.89% 4,776 6.26%

Age 70 - 74 333 3.70% 2,302 5.43% 4,316 5.66%

Age 75 - 79 268 2.98% 1,804 4.26% 3,338 4.38%

Age 80 - 84 202 2.25% 1,278 3.02% 2,340 3.07%

Age 85+ 316 3.52% 1,387 3.27% 2,467 3.24%

Age 65+ 1,477 16.43% 9,269 21.87% 17,237 22.61%

Median Age 29.10 38.50 41.50

Average Age 36.10 40.80 41.80

Demographic Detail Report

New Town - The Chelsea Corner Building4345 New Town Ave, Williamsburg, VA 23188

Copyrighted report licensed to Campana Waltz - 465013.2/19/2019

Page 1

Page 11: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

Demographic Detail Report

New Town - The Chelsea Corner Building4345 New Town Ave, Williamsburg, VA 23188

Radius 1 Mile 3 Mile 5 Mile

2018 Population By Race 8,989 42,388 76,246

White 6,682 74.34% 33,630 79.34% 60,479 79.32%

Black 1,457 16.21% 5,508 12.99% 10,205 13.38%

Am. Indian & Alaskan 20 0.22% 139 0.33% 311 0.41%

Asian 537 5.97% 1,817 4.29% 2,933 3.85%

Hawaiian & Pacific Island 8 0.09% 45 0.11% 98 0.13%

Other 285 3.17% 1,249 2.95% 2,219 2.91%

Population by Hispanic Origin 8,989 42,388 76,246

Non-Hispanic Origin 8,482 94.36% 39,994 94.35% 71,772 94.13%

Hispanic Origin 507 5.64% 2,394 5.65% 4,474 5.87%

2018 Median Age, Male 29.10 36.90 39.70

2018 Average Age, Male 35.20 39.80 40.80

2018 Median Age, Female 29.10 39.90 43.20

2018 Average Age, Female 36.90 41.80 42.80

2018 Population by OccupationClassification

7,581 35,239 63,244

Civilian Employed 3,599 47.47% 18,094 51.35% 33,967 53.71%

Civilian Unemployed 188 2.48% 731 2.07% 1,317 2.08%

Civilian Non-Labor Force 3,751 49.48% 16,046 45.53% 27,166 42.95%

Armed Forces 43 0.57% 368 1.04% 794 1.26%

Households by Marital Status

Married 1,010 8,448 16,554

Married No Children 702 5,775 11,058

Married w/Children 308 2,673 5,496

2018 Population by Education 5,832 31,203 57,541

Some High School, No Diploma 301 5.16% 1,735 5.56% 3,289 5.72%

High School Grad (Incl Equivalency) 839 14.39% 4,869 15.60% 9,846 17.11%

Some College, No Degree 1,620 27.78% 7,262 23.27% 13,496 23.45%

Associate Degree 481 8.25% 2,563 8.21% 4,910 8.53%

Bachelor Degree 1,456 24.97% 8,342 26.73% 14,608 25.39%

Advanced Degree 1,135 19.46% 6,432 20.61% 11,392 19.80%

Copyrighted report licensed to Campana Waltz - 465013.2/19/2019

Page 2

Page 12: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

Demographic Detail Report

New Town - The Chelsea Corner Building4345 New Town Ave, Williamsburg, VA 23188

Radius 1 Mile 3 Mile 5 Mile

2018 Population by Occupation 6,707 33,428 61,957

Real Estate & Finance 133 1.98% 725 2.17% 1,266 2.04%

Professional & Management 2,370 35.34% 11,016 32.95% 19,829 32.00%

Public Administration 119 1.77% 1,106 3.31% 2,557 4.13%

Education & Health 1,567 23.36% 6,019 18.01% 9,894 15.97%

Services 708 10.56% 3,853 11.53% 6,795 10.97%

Information 24 0.36% 290 0.87% 626 1.01%

Sales 732 10.91% 3,695 11.05% 7,186 11.60%

Transportation 49 0.73% 349 1.04% 457 0.74%

Retail 365 5.44% 2,029 6.07% 3,976 6.42%

Wholesale 29 0.43% 209 0.63% 603 0.97%

Manufacturing 122 1.82% 883 2.64% 2,127 3.43%

Production 124 1.85% 795 2.38% 2,030 3.28%

Construction 158 2.36% 892 2.67% 1,993 3.22%

Utilities 69 1.03% 438 1.31% 826 1.33%

Agriculture & Mining 26 0.39% 222 0.66% 307 0.50%

Farming, Fishing, Forestry 0 0.00% 108 0.32% 144 0.23%

Other Services 112 1.67% 799 2.39% 1,341 2.16%

2018 Worker Travel Time to Job 3,373 17,376 32,667

<30 Minutes 2,595 76.93% 12,749 73.37% 22,943 70.23%

30-60 Minutes 639 18.94% 3,785 21.78% 7,669 23.48%

60+ Minutes 139 4.12% 842 4.85% 2,055 6.29%

2010 Households by HH Size 2,240 14,495 26,721

1-Person Households 823 36.74% 3,850 26.56% 6,454 24.15%

2-Person Households 850 37.95% 6,072 41.89% 11,120 41.62%

3-Person Households 297 13.26% 2,116 14.60% 4,035 15.10%

4-Person Households 171 7.63% 1,609 11.10% 3,286 12.30%

5-Person Households 64 2.86% 577 3.98% 1,240 4.64%

6-Person Households 24 1.07% 182 1.26% 398 1.49%

7 or more Person Households 11 0.49% 89 0.61% 188 0.70%

2018 Average Household Size 2.00 2.30 2.40

Households

2023 Projection 2,960 17,486 31,706

2018 Estimate 2,761 16,397 29,765

2010 Census 2,240 14,495 26,721

Growth 2018 - 2023 7.21% 6.64% 6.52%

Growth 2010 - 2018 23.26% 13.12% 11.39%

Copyrighted report licensed to Campana Waltz - 465013.2/19/2019

Page 3

Page 13: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

Demographic Detail Report

New Town - The Chelsea Corner Building4345 New Town Ave, Williamsburg, VA 23188

Radius 1 Mile 3 Mile 5 Mile

2018 Households by HH Income 2,762 16,397 29,764

<$25,000 612 22.16% 2,794 17.04% 4,154 13.96%

$25,000 - $50,000 686 24.84% 3,130 19.09% 5,396 18.13%

$50,000 - $75,000 444 16.08% 2,435 14.85% 4,570 15.35%

$75,000 - $100,000 293 10.61% 2,209 13.47% 4,175 14.03%

$100,000 - $125,000 288 10.43% 1,932 11.78% 3,673 12.34%

$125,000 - $150,000 144 5.21% 1,361 8.30% 2,604 8.75%

$150,000 - $200,000 114 4.13% 1,110 6.77% 2,355 7.91%

$200,000+ 181 6.55% 1,426 8.70% 2,837 9.53%

2018 Avg Household Income $77,507 $93,800 $99,666

2018 Med Household Income $53,192 $73,078 $79,563

2018 Occupied Housing 2,761 16,396 29,765

Owner Occupied 1,282 46.43% 10,349 63.12% 20,538 69.00%

Renter Occupied 1,479 53.57% 6,047 36.88% 9,227 31.00%

2010 Housing Units 2,988 18,848 33,087

1 Unit 1,839 61.55% 12,470 66.16% 24,638 74.46%

2 - 4 Units 177 5.92% 1,484 7.87% 2,026 6.12%

5 - 19 Units 385 12.88% 3,501 18.57% 4,662 14.09%

20+ Units 587 19.65% 1,393 7.39% 1,761 5.32%

2018 Housing Value 1,282 10,349 20,538

<$100,000 58 4.52% 280 2.71% 571 2.78%

$100,000 - $200,000 250 19.50% 1,456 14.07% 2,929 14.26%

$200,000 - $300,000 487 37.99% 2,888 27.91% 5,431 26.44%

$300,000 - $400,000 217 16.93% 2,169 20.96% 4,797 23.36%

$400,000 - $500,000 155 12.09% 1,527 14.76% 2,732 13.30%

$500,000 - $1,000,000 92 7.18% 1,845 17.83% 3,628 17.66%

$1,000,000+ 23 1.79% 184 1.78% 450 2.19%

2018 Median Home Value $268,377 $325,380 $327,892

2018 Housing Units by Yr Built 2,997 18,940 33,397

Built 2010+ 547 18.25% 1,700 8.98% 2,803 8.39%

Built 2000 - 2010 1,152 38.44% 6,802 35.91% 10,165 30.44%

Built 1990 - 1999 365 12.18% 3,477 18.36% 6,601 19.77%

Built 1980 - 1989 281 9.38% 2,585 13.65% 5,255 15.73%

Built 1970 - 1979 216 7.21% 1,631 8.61% 3,636 10.89%

Built 1960 - 1969 237 7.91% 1,339 7.07% 2,271 6.80%

Built 1950 - 1959 103 3.44% 683 3.61% 1,463 4.38%

Built <1949 96 3.20% 723 3.82% 1,203 3.60%

2018 Median Year Built 2001 1996 1993

Copyrighted report licensed to Campana Waltz - 465013.2/19/2019

Page 4

Page 14: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

Type:County:

Retail/Storefront Retail/ResidentialJames City

1 Mile

County

Population Growth Household Growth

2018 Med Household Inc 2018 Households by Household Income

2018 Median Age 2018 Population by Race

2018 Renter vs. Owner 2018 Employed vs. Unemployed

Type: Retail/Storefront Retail/Residential

Demographic Market Comparison Report 1 mile radius

New Town - The Chelsea Corner Building4345 New Town Ave, Williamsburg, VA 23188

Copyrighted report licensed to Campana Waltz - 465013.2/19/2019

Page 5

Page 15: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

Type:County:

Retail/Storefront Retail/ResidentialJames City

1 Mile County

Population Growth

2018 Population by Race 8,989 75,989

Household Growth

2018 Households by Household Income 2,762 30,482

Growth 2010 - 2018 13.03% 13.40%

Growth 2018 - 2023 4.62% 7.99%

95.04% 96.21% Empl 3,599 34,810

4.96% 3.79% Unempl 188 1,373

74.34% 80.42% White 6,682 61,110

16.21% 13.58% Black 1,457 10,321

0.22% 0.40% Am. Indian & Alaskan 20 303

5.99% 2.81% Asian 538 2,136

0.09% 0.08% Hawaiian & Pacific Island 8 62

3.16% 2.71% Other 284 2,057

Growth 2010 - 2018 23.26% 13.48%

Growth 2018 - 2023 7.21% 8.01%

53.57% 24.07%Renter Occupied 1,479 7,336

46.43% 75.93%Owner Occupied 1,282 23,146

22.16% 13.19%Income <$25K 612 4,020

24.84% 16.16%Income $25K - $50K 686 4,926

16.08% 14.03%Income $50K - $75K 444 4,277

10.61% 14.27%Income $75K - $100K 293 4,351

10.43% 12.87%Income $100K - $125K 288 3,923

5.21% 9.87%Income $125K - $150K 144 3,008

4.13% 9.30%Income $150K - $200K 114 2,834

6.55% 10.31%Income $200K+ 181 3,143

2018 Med Household Inc $53,192 $86,595

2018 Median Age 29.10 46.00

Demographic Market Comparison Report 1 mile radius

New Town - The Chelsea Corner Building4345 New Town Ave, Williamsburg, VA 23188

Copyrighted report licensed to Campana Waltz - 465013.2/19/2019

Page 6

Page 16: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

$22.75

100%

640 SF

2007

21,608 SF

General Retail

Rent/SF/Yr:

% Leased:

Total Available:

Year Built:

GLA:

Building Type:

StorefrontSecondary:

Radius 1 Mile 3 Mile 5 Mile

Population

2023 Projection 9,404 44,967 80,947

2018 Estimate 8,989 42,388 76,246

2010 Census 7,953 37,807 68,768

Growth 2018 - 2023 4.62% 6.08% 6.17%

Growth 2010 - 2018 13.03% 12.12% 10.87%

2018 Population by Hispanic Origin 507 2,395 4,474

2018 Population 8,989 42,388 76,246

White 6,682 74.34% 33,630 79.34% 60,479 79.32%

Black 1,457 16.21% 5,508 12.99% 10,205 13.38%

Am. Indian & Alaskan 20 0.22% 139 0.33% 311 0.41%

Asian 537 5.97% 1,817 4.29% 2,933 3.85%

Hawaiian & Pacific Island 8 0.09% 45 0.11% 98 0.13%

Other 285 3.17% 1,249 2.95% 2,219 2.91%

U.S. Armed Forces 43 388 840

Households

2023 Projection 2,960 17,486 31,706

2018 Estimate 2,761 16,397 29,765

2010 Census 2,240 14,495 26,721

Growth 2018 - 2023 7.21% 6.64% 6.52%

Growth 2010 - 2018 23.26% 13.12% 11.39%

Owner Occupied 1,282 46.43% 10,349 63.12% 20,538 69.00%

Renter Occupied 1,479 53.57% 6,047 36.88% 9,227 31.00%

2018 Households by HH Income 2,762 16,397 29,764

Income: <$25,000 612 22.16% 2,794 17.04% 4,154 13.96%

Income: $25,000 - $50,000 686 24.84% 3,130 19.09% 5,396 18.13%

Income: $50,000 - $75,000 444 16.08% 2,435 14.85% 4,570 15.35%

Income: $75,000 - $100,000 293 10.61% 2,209 13.47% 4,175 14.03%

Income: $100,000 - $125,000 288 10.43% 1,932 11.78% 3,673 12.34%

Income: $125,000 - $150,000 144 5.21% 1,361 8.30% 2,604 8.75%

Income: $150,000 - $200,000 114 4.13% 1,110 6.77% 2,355 7.91%

Income: $200,000+ 181 6.55% 1,426 8.70% 2,837 9.53%

2018 Avg Household Income $77,507 $93,800 $99,666

2018 Med Household Income $53,192 $73,078 $79,563

Demographic Summary Report

New Town - The Chelsea Corner Building4345 New Town Ave, Williamsburg, VA 23188

Copyrighted report licensed to Campana Waltz - 465013.2/19/2019

Page 7

Page 17: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

$22.75

100%

640 SF

2007

21,608 SF

Storefront

General Retail

Rent/SF/Yr:

% Leased:

Total Available:

Year Built:

GLA:

Secondary:

Building Type:

Description 2010 2018 2023Population 7,953 8,989 9,404

Age 0 - 4 205 2.58% 590 6.56% 839 8.92%

Age 5 - 9 171 2.15% 367 4.08% 611 6.50%

Age 10 - 14 195 2.45% 279 3.10% 418 4.44%

Age 15 - 19 1,646 20.70% 863 9.60% 489 5.20%

Age 20 - 24 2,026 25.47% 1,541 17.14% 863 9.18%

Age 25 - 29 520 6.54% 1,041 11.58% 1,071 11.39%

Age 30 - 34 316 3.97% 628 6.99% 931 9.90%

Age 35 - 39 256 3.22% 465 5.17% 685 7.28%

Age 40 - 44 285 3.58% 362 4.03% 502 5.34%

Age 45 - 49 285 3.58% 336 3.74% 403 4.29%

Age 50 - 54 288 3.62% 354 3.94% 367 3.90%

Age 55 - 59 265 3.33% 350 3.89% 359 3.82%

Age 60 - 64 298 3.75% 338 3.76% 351 3.73%

Age 65 - 69 304 3.82% 358 3.98% 344 3.66%

Age 70 - 74 218 2.74% 333 3.70% 331 3.52%

Age 75 - 79 214 2.69% 268 2.98% 290 3.08%

Age 80 - 84 165 2.07% 202 2.25% 222 2.36%

Age 85+ 297 3.73% 316 3.52% 328 3.49%

Age 15+ 7,383 92.83% 7,755 86.27% 7,536 80.14%

Age 20+ 5,737 72.14% 6,892 76.67% 7,047 74.94%

Age 65+ 1,198 15.06% 1,477 16.43% 1,515 16.11%

Median Age 24 29 32

Average Age 34.70 36.10 36.20

Population By Race 7,953 8,989 9,404

White 6,096 76.65% 6,682 74.34% 6,914 73.52%

Black 1,129 14.20% 1,457 16.21% 1,579 16.79%

Am. Indian & Alaskan 14 0.18% 20 0.22% 22 0.23%

Asian 466 5.86% 537 5.97% 566 6.02%

Hawaiian & Pacific Islander 7 0.09% 8 0.09% 8 0.09%

Other 233 2.93% 285 3.17% 314 3.34%

Demographic Trend Report 1 Mile Radius

New Town - The Chelsea Corner Building4345 New Town Ave, Williamsburg, VA 23188

Copyrighted report licensed to Campana Waltz - 465013.2/19/2019

Page 8

Page 18: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

Demographic Trend Report 1 Mile Radius

New Town - The Chelsea Corner Building4345 New Town Ave, Williamsburg, VA 23188

Description 2010 2018 2023Population by Race (Hispanic) 416 507 536

White 367 88.22% 430 84.81% 448 83.58%

Black 20 4.81% 36 7.10% 43 8.02%

Am. Indian & Alaskan 4 0.96% 7 1.38% 6 1.12%

Asian 7 1.68% 8 1.58% 8 1.49%

Hawaiian & Pacific Islander 1 0.24% 1 0.20% 1 0.19%

Other 17 4.09% 25 4.93% 30 5.60%

Household by Household Income 2,240 2,762 2,960

<$25,000 343 15.31% 612 22.16% 679 22.94%

$25,000 - $50,000 573 25.58% 686 24.84% 733 24.76%

$50,000 - $75,000 432 19.29% 444 16.08% 462 15.61%

$75,000 - $100,000 347 15.49% 293 10.61% 298 10.07%

$100,000 - $125,000 204 9.11% 288 10.43% 311 10.51%

$125,000 - $150,000 148 6.61% 144 5.21% 151 5.10%

$150,000 - $200,000 95 4.24% 114 4.13% 122 4.12%

$200,000+ 98 4.38% 181 6.55% 204 6.89%

Average Household Income $77,557 $77,507 $77,724

Median Household Income $59,272 $53,192 $52,455

Copyrighted report licensed to Campana Waltz - 465013.2/19/2019

Page 9

Page 19: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

$22.75

100%

640 SF

2007

21,608 SF

Storefront

General Retail

Rent/SF/Yr:

% Leased:

Total Available:

Year Built:

GLA:

Secondary:

Building Type:

Street Cross Street Cross Str DistCountYear

Avg DailyVolume

VolumeType

Miles fromSubject Prop

1 Ironbound Rd Monticello Ave 0.13 S 2017 9,700 MPSI .25

2 Ironbound Rd Discovery Park Blvd 0.11 N 2016 11,023 MPSI .25

3 Watford Ln Carriage Rd 0.09 NE 2017 150 MPSI .32

4 Ironbound Rd Monticello Ave 0.01 S 2017 7,800 MPSI .35

5 Monticello Ave New Town Ave 0.03 W 2017 32,000 MPSI .36

6 Carriage Rd Ironbound Rd 0.03 NW 2017 840 MPSI .38

7 Monticello Ave Ironbound Rd 0.08 W 2017 16,000 MPSI .40

8 Ironbound Rd Monticello Ave 0.10 N 2017 11,000 MPSI .44

9 Ironbound Rd Strawberry Plains Rd 0.06 SW 2016 9,000 MPSI .44

10 Carriage Rd Magazine Rd 0.08 NE 2017 760 MPSI .45

Traffic Count Report

New Town - The Chelsea Corner Building4345 New Town Ave, Williamsburg, VA 23188

Copyrighted report licensed to Campana Waltz - 465013.2/19/2019

Page 10

Page 20: For Lease - LoopNet...FOR LEASE 4345 New Town Avenue Suite 200 Williamsburg, Virginia Location: 4345 New Town Avenue, Williamsburg VA (corner of Discovery Park Boulevard and New Town

4345 New Town Avenue

Williamsburg, VA

Smithfield

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

Strategically Located Between Richmond and Virginia Beach

Ar e a s u p p o r t e d b y

i n c o m e g e n e r a t i n g

military bases, Busch

G a r d e n s , W a t e r

Country, Golf Courses,

Beaches, Colleges and

U n i v e r s i t i e s a n d

Colonial Williamsburg,

Jamestown Settlement

and Historic Yorktown.

Norfolk

and

Virginia

Beach

Norfolk

and

Virginia

Beach


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