5209 Center Street Williamsburg, Virginia
Property Features • Three office Condominiums totaling ±19,238 square feet within the WEG Building. • Built in 2006, the WEG Building is located on the corner of New Town Avenue and Center Street in the heart of the New Town “town center.” • New Town is a ± 365 acre mixed-use development centrally located at the intersection of Monticello Avenue and Route 199 in Williamsburg, Virginia.
Price Net Operating Income Cap Rate Single Tenant
$3,550,000 $307,000 8.6% Stantec Inc. 2% annually
Rent Increases Lease Expiration Renewal Options
January 31, 2024
Net of Utilities / Janitorial
• Direct access to I-64 via Route 199.
Robert J. Singley, Jr. CCIM
Commercial Real Estate Brokerage 423 N. Boundary Street, Suite 200 Williamsburg, VA 23185 www.rjsassocs.com
(757) 229-3139 Fax (757) 220-2475 firstname.lastname@example.org
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