Red Mill Commons - Virginia Beach

Leasing Information

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Location:

NE Corner of Upton Drive & Sandbridge Road, Virginia Beach, Virginia

Description:

1,014,004 sq. ft. +/- Regional/Neighborhood Retail Development

GLA:

Phase I - 747,288 SF (Red Mill Commons)
Phase II - 266,716 SF (Red Mill Walk)

Anchors:

TJ Maxx, Michaels, Bath & Body Works, Pier 1, Panera Bread, Starbucks, Outback Steakhouse, Super Wal-Mart, Home Depot, Target, Office Max

Rental Rate:

$26.00-$32.00 per square foot

In-Line Space:

Parcels D-F: 47,900 s.f.

Restaurant Out-Parcels:

$95,000 - $125,000 annually

Demographics:

	5 mi. radius	7 mi. radius	10 mi. radius
2008 Population	87,924	190,215	337,006
2008 Avg. HH Income	$85,402	$71,548	$78,992

Trade Area:

Population: 99,911; Avg. HH Income: $82,801
Red Mill Commons was reported by Inside Business as the 5th Wealthiest Zip Code in the Hampton Roads area.

Traffic Counts:

41,118 on General Booth Blvd., from London Bridge to Nimmo Pkwy.