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Office

Merrill Lynch

266 McLaws Cir, Williamsburg, VA 23185

Listing Price: $2,075,000

Cap Rate
7.18%
Rentable SF
7,372
Lot Size
0.76 acres
Year Built
1999

Investment Overview

Marcus & Millichap is pleased to present the Offering Memorandum for 266 McLaw’s Circle, Williamsburg. The subject asset is a 7300 sqft, single tenant office investment opportunity. The tenant is Merrill Lynch who has been operating out of this location for 20 years and in 2020 funded the renovation of their suite. The lease is a modified gross lease and is up for renewal in 2025. This asset is a turnkey investment in a stable market and can be a legacy asset in an investor’s portfolio. Located at the entrance of Kingsmill Resort, the tenant services a high net-worth community. Founded by English settlers in 1632, Williamsburg, VA is rich in history and is tourism hub for Hampton Roads. Home to William & Mary, and some of Virginia’s biggest tourism attractions, Colonial Williamsburg and Busch Gardens, the Historic Triangle brings in history buffs from all over. Anheuser-Busch has established large operations in the city and is a major part of the local economy.

Investment Highlights

  • Turnkey asset with steady cashflow
  • Class A office suite, 100% occupied
  • Prime location located at the gates of a popular resort
  • Credit rated tenant backed by Bank of America
  • Tenant funded renovation of suite

Exclusively Listed By

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Listing Price: $2,075,000

Cap Rate
7.18%
Rentable SF
7,372
Lot Size
0.76 acres
Year Built
1999

Investment Highlights

  • Turnkey asset with steady cashflow
  • Class A office suite, 100% occupied
  • Prime location located at the gates of a popular resort
  • Credit rated tenant backed by Bank of America
  • Tenant funded renovation of suite

Investment Overview

Marcus & Millichap is pleased to present the Offering Memorandum for 266 McLaw’s Circle, Williamsburg. The subject asset is a 7300 sqft, single tenant office investment opportunity. The tenant is Merrill Lynch who has been operating out of this location for 20 years and in 2020 funded the renovation of their suite. The lease is a modified gross lease and is up for renewal in 2025. This asset is a turnkey investment in a stable market and can be a legacy asset in an investor’s portfolio. Located at the entrance of Kingsmill Resort, the tenant services a high net-worth community. Founded by English settlers in 1632, Williamsburg, VA is rich in history and is tourism hub for Hampton Roads. Home to William & Mary, and some of Virginia’s biggest tourism attractions, Colonial Williamsburg and Busch Gardens, the Historic Triangle brings in history buffs from all over. Anheuser-Busch has established large operations in the city and is a major part of the local economy.

Exclusively Listed By

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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