FACILITY OVERVIEW. - LoopNet: Commercial Real Estate For ... · commercial real estate development, which will be one of the rarest available in the Fredericksburg Region let alone

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Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Real Estate LLC. Each Office is Independently Owned and Operated.

CBCElite.com / CBCWorldwide.com DOMINION RACEWAY ▪ THORNBURG, VIRGINIA

OPENING SPRING 2015!

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CBCElite.com / CBCWorldwide.com

EXECUTIVE SUMMARY: Coldwell Banker Commercial Elite is proud to present this exclusive listing in partnership with Dominion Raceway, located in Thornburg, VA. Dominion Raceway offers a wide variety of opportunities from sponsorship, and investment, to Commercial Real Estate development. This document will provide an overview of all opportunities available with a main focus on the commercial real estate development, which will be one of the rarest available in the Fredericksburg Region let alone the entire East Coast. The development features over 160 acres with 10.2 +/- acres available for sale or lease in Phase I & an additional 33 acres for future real estate development.

We present to you Dominion Raceway, a raceway and entertainment complex sporting a 37,000 square foot main facility that, combined with multiple features, will soon be the host to numerous events in the Eastern United States. Conveniently located on Interstate 95 in Thornburg, Virginia midway between Richmond and Washington D.C., Dominion is planted in the heart of racing country and is well within driving distance of some of the most prominent and populated cities in the United States.

Dominion Raceway is an innovative and forward thinking concept that once established, will become a prototype to judge other motorsports complexes. With this Dominion model, say goodbye to rural America’s days of geographic and environmental constraints for similar venues. For most racetracks, it has become commonplace, if not expected, that the facility is located in a low populated, underdeveloped area. While this does allow more space for tracks, it is not convenient for racers, enthusiasts or fans and this limits other uses for the facility.

DOMINION RACEWAY & ENTERTAINMENT THE REGION’S RAREST REAL ESTATE OPPORTUNITY

Dominion Raceway & Entertainment will become a family-friendly landmark capable of accommodating several types of racing and non-racing events. For investors, Dominion Raceway will provide a unique opportunity to invest in a motorsports and entertainment facility with a proven management team. The team which ran the historic Old Dominion Speedway will combine the tradition of Old Dominion Speedway with the excitement of a modern state-of-the art facility. Dominion is a win-win for motorsports and for the geographic area served by the motorsports and entertainment complex.

SUMMARY OF OPPORTUNITIES

• Commercial Real Estate development opportunities: 10.2 +/- Acres available for sale or lease in Phase I, located at the entrance to the complex; 33 +/- Acres available in Phase II. Dominion Raceway would serve as a great location for restaurants, auto service, fueling/convenience stores, auto sales etc.

• Racing Schools & Facility Rentals

• Advertising and Branding Opportunities

• Sponsorship Opportunities: corporate sponsorship consists of naming and advertising space, suite rentals and facility usage

• Investment

• Drivers Club: Dominion Raceway will offer road course memberships to enthusiasts who desire access to a professional circuit for both entertainment and professional fulfillment

FACILITY OVERVIEW.

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DOMINION RACEWAY MOTORSPORTS COMPLEX

ABOUT DOMINION RACEWAY TRACKS & OFFERINGS

Dominion Raceway offers three distinct and separate Motorsports venues; a 4/10 mile NASCAR sanctioned oval, a 1/8 mile NHRA sanctioned drag strip and a 2 mile SCCA/NASA/Pro-Motion Club sanctioned Road Course. That combination of offering’s is unlike anything in the United States today and provides a multitude of Motorsports/Entertainment offerings and revenue streams. The old model of relying on just one or two motorsports venue’s to support a facility is gone, now an array of income streams is available from numerous motorsports and entertainment sources.

4/10 Mile NASCAR sanctioned oval track 1/8 Mile NHRA sanctioned Drag Strip 2 Mile SCCA/NASA Pro-Motion sanctioned Road

Course Karting Track Racing Schools Facility Rentals Advertising and Branding Opportunities

QUICK DETAILS:

CBCElite.com / CBCWorldwide.com DominionRaceway.com



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BUILDINGS & FACILITIES

BUILDINGS & FACILITIES OVERVIEW

There will be two buildings at Dominion Raceway. The main structure is a three story 37,000 sq.ft. 55’ tall multipurpose building that is centrally located and serves all of the Motorsports/Entertainment venues. Utilizing a pre-engineering structure by Butler Buildings its design is efficient, cost effective and allows for large unencumbered floor loading. This building can accommodate banquets, shows, corporate product releases, auctions, meeting places, as well as a host of non-traditional motorsports offerings; for instance Drive-in Movies, Concerts and Bingo Nights to name only a few.

This building as designed can be opened to the outdoors and used in conjunction with the grounds for larger events or can serve as a party deck (2nd floor) for motorsports events. Floors can be combined for events requiring 20,000 sq.ft. of indoor conditioned meeting or demonstration/show space. Included in this structure are modern audio/video and WIFI entertainment offerings/capabilities, full food storage, prep and serving, dedicated lounge area, as well as a bar for client entertainment before, during and after the event.

3-Story 37,000 Square Foot Multipurpose building 55’ tall multipurpose building Unencumbered floor loading Combined floor capabilities (providing 20,000 sq. ft. of

conditioned space) Full food prep, storage and serving areas Full multimedia capabilities Separate infield building with a 20’ by 40’ High Definition

LED display and stage for concerts and events 2 helicopter pads

QUICK DETAILS:

DOMINION RACEWAY & ENTERTAINMENT


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TRACK LAYOUT & OVERALL FACILITY PLAN




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AERIAL TRACK LAYOUT



LOCATION

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DOMINION RACEWAY & ENTERTAINMENT LOCATION

LOCATION OVERVIEW

Dominion Raceway is located in Thornburg, Virginia (Spotsylvania County) on Interstate 95. The facilities entrance lies a mere 400 feet from the exit 118 ramp allowing for immediate access and exiting to/from the facility. Unlike conventional Motorsports locations that are more rural, Dominion Raceway is located on Interstate I-95 with almost (1) mile of Interstate road frontage and convenient interstate ramp access. Dominion Raceway breaks the old traditional model of purchasing land in rural undeveloped area’s and trying to drive racers, fans and sponsors to that remote location. Dominion Raceway’s highly visible location reduces advertising costs and serves as a constant visual reminder to the 109,000 cars that pass by and see it each and every day.

Thornburg Virginia is central too; it is within 50 miles of the Nation’s Capital (Wash D.C.) and 50 miles of Richmond, Virginia the State Capital of Virginia as well as many localities in Maryland. Literally within a travel period of 1hour you can reach three large metropolitan markets, where millions reside along with some of the highest family and per capita income in the Country today.

MAJOR CITIES Washington D.C 62 Miles 1 Hr. 7 Min. Baltimore, MD 104 Miles 1 Hr. 46 Min. Richmond, VA 44 Miles 39 Min. Philadelphia, PA 205 Miles 3 Hr. 14 Min. Pittsburgh, PA 300 Miles 4 Hr. 31 Min. Roanoke, VA 181 Miles 2 Hr. 52 Min. Raleigh, NC 198 Miles 3 Hr. Williamsburg, VA 88 Miles 1 Hr. 17 Min. Virginia Beach, VA 145 Miles 2 Hr. 8 Min. Charlottesville, VA 63 Miles 1 Hr. 14 Min. INTERNATIONAL AIRPORTS Richmond Intl, VA 66 Miles 58 Min. Dulles Intl, VA 77 Miles 1 Hr. 10 Min. Reagan National, VA 61 Miles 1 Hr. BWI Intl, MD 97 Miles 1 Hr. 33 Min.

There are multiple advantages to the selection of the Spotsylvania location. One of the key characteristics of Dominion Raceway is its proximity to high household incomes. The Richmond and Washington DC areas have high concentrations of areas where greater than 20% of households have annual incomes in excess of $200,000. Access to this demographic greatly increases fan base with higher disposable income which ultimately increases consumer spending.

Being located in a central location to transportation and tourist amenities, Dominion Raceway will become a dominant fixture in the Region.

FREDERICKSBURG REGION QUICK FACTS (Fredericksburg City, Spotsylvania, Stafford, King George, & Caroline)

Total Population: 337,786 Total Households: 115,536 Total Families: 86,829 Avg. HH Income: $97,219 Retail Gap: $966,963,313 (retail potential)



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DOMINION RACEWAY & ENTERTAINMENT LOCATION: FREDERICKSBURG REGION

LOCATION: FREDERICKSBURG REGION

The Fredericksburg Region, which includes the City of Fredericksburg and the counties of Spotsylvania, Stafford, King George and Caroline, is strategically located 50 miles south of Washington D.C.( the 4th largest market in the U.S.), and 50 miles north of Richmond, VA. The Fredericksburg Region has been one of the fastest growing regions in the Commonwealth of Virginia and the United States; recent census data from the U.S. Census Bureau has ranked Fredericksburg as the 6th fastest growing locality in the U.S. with a growth rate of 5.8%. Civil War Battlefields, Golf Courses, Marinas, Wineries and other exciting amenities throughout the Region annually provide an endless inflow of tourists . The Fredericksburg Region offers countless recreational activities from boating on the Potomac and Rappahannock river to attending concerts at Celebrate Virginia Live.

Quick Facts on Tourism Americans traveling into the Fredericksburg Region spent $619 million locally in 2012!

• Approximately $241 million was spent by tourists in Spotsylvania County, followed by Fredericksburg ($157 million), Stafford County ($116 million), Caroline County ($84 million) and King George County ($20 million).

• The travel industry provided about 6,460 jobs in the Fredericksburg Region in 2012 and created approximately $17 million in local tax revenue. (Virginia Tourism Corp.)

THE FREDERICKSBURG REGION IS HOME TO: • 3 Hospitals: Spotsylvania Regional Medical Center, Mary

Washington Hospital (Fredericksburg), Stafford Hospital

• University of Mary Washington: Enrollment of 5,000

• 4 VRE Stations: Spotsylvania VRE Station opening 2014

• Celebrate VA Live: Over 50,000 Attendance/Season

• Fredericksburg EXPO Center: 350,000 Attendees/Year

• 3 Major Military Installations: Marine Corps Base Quantico (Stafford), A.P. Hill (Spotsylvania), Dahlgren (King George)

• Stafford County: The 9th wealthiest county in the Nation

• Lake Anna: One of the largest and most popular freshwater lakes in Virginia, covering 13,000 Acres bordering 3 counties

• Civil War Battlefields: The Fredericksburg Region is extremely rich with Civil War history and home to numerous battlefields

COMING SOON • Fredericksburg Baseball Complex: 4,750 seat stadium and 5

artificial field complex in partnership with the Hagerstown Suns and Diamond Nation with estimated yearly attendance over 250,000



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DEMOGRAPHICS: 20-50-100 Miles

Dominion Raceway 20 Miles 50 Miles 100 Miles

Population 252,706 2,647,008 10,986,713

Households 89,528 956,261 4,152,736

Families 65,721 676,980 2,707,846

Households By Income

50,000-74,999 16,082 160,625 700,247

75,000-99,999 12,943 125,739 577,769

100,000-149,000+ 31,482 360,426 1,871,009

Avg HH Income $92,000 $100,091 $98,691

Population By Age

Under 21 71,500 741,535 2,802,931

21-54 118,797 1,293,456 5,438,534

55 & Older 54,376 633,985 2,745,248

20 Miles

50 Miles

100 Miles




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DOMINION RACEWAY & ENTERTAINMENT REGIONAL PROXIMITY MAP

MARINE CORPS BASE QUANTICO

FORT A.P. HILL

NSWC DAHLGREN

LAKE ANNA

SPOTSYLVANIA COURTHOUSE

Stafford Marketplace

Doc Stone Commons

SOUTHPOINT

CENTRAL PARK

Spotsylvania Towne Center

STAFFORD LAKES

STAFFORD REGIONAL AIRPORT KING GEORGE

GATEWAY

REAL ESTATE OPPORTUNITIES

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DOMINION RACEWAY AERIAL/DEVELOPMENT PLAN OVERLAY


EXIT 118

PHASE I 10.2 +/- Acres

For Sale or Lease

PHASE II 33 +/- Acres For

Sale or Lease


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DOMINION RACEWAY AERIAL PHOTO: OVER 100 ACRES CLEARED!!


PAD READY SITES AVAILABLE FOR IMMEDIATE DELIVERY!

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1201 Central Park Blvd Fredericksburg, VA 22401

EXCLUSIVELY PRESENTED BY

FOR MORE INFORMATION CONTACT: CARL BRAUN | [email protected] | O: 540.785.3361 | C: 540.842.7551

BRIAN CUNNINGHAM | [email protected] | 540.369.4626 | C: 540.429.3414

Documents

FACILITY OVERVIEW. - LoopNet: Commercial Real Estate For ... · commercial real estate development, which will be one of the rarest available in the Fredericksburg Region let alone