For Sale - LoopNet · Busch Corporate Office Park Description: Class “B” Type Office space which is located in the heart of the Busch Corporate Park in Williamsburg. The office

Campana Waltz Commercial Real Estate, LLC

Ron A. Campana, Jr.

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 Sale241 McLaws Circle, Suites 101 & 103

Williamsburg, Virginia

Located in Busch Corporate Office Park

mailto:[email protected]

http://www.campanawaltz.com/

PROFESSIONAL OFFICE CONDOMINIUM

FOR SALE 241 McLaws Circle, Suites 101 & 103


Location: 241 McLaws Circle, Suites 101 & 103

James City County

Busch Corporate Office Park

Description: Class “B” Type Office space which is located in the heart of the Busch

Corporate Park in Williamsburg. The office is in close proximity to

Route 199, and Interstate 64.

Size: 2 Suites available for Sale

Suite 101 – Approximately 517 square feet

Suite 103 – Approximately 1,000 square feet

Total – 1,517 square feet

Sales Price: $170,000.00 ($112.06/square foot)

New Price: $155,000.00 ($102.17/square foot)

Zoning: M1 Limited Business/Industrial

Built: 1984

Additional Information:

Floor Plan

Aerial

Location Map

Demographics

For Additional Information, Please Contact:

Ron A. Campana, Jr.

Campana Waltz Commercial Real Estate, LLC 11832 Fishing Point Drive, Suite 400

Newport News, Virginia, 23606

757.327.0333

[email protected]

www.CampanaWaltz.com


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

mailto:[email protected]

http://www.campanawaltz.com/



241 McLaws Circle, Suites 101 & 103


For illustration purposes only.





The property is outlined in blue and highlighted in yellow.

For illustration purposes only.







241 McLaws Circle,


Demographic and Income Profile241 McLaws Cir, Williamsburg, Virginia, 23185 Prepared by Janice Lewis, CCIMDrive Time: 5 minute radius Latitude: 37.24600

Longitude: -76.65976

Summary Census 2010 2017 2022Population 7,681 8,527 9,002Households 3,080 3,388 3,578Families 2,166 2,321 2,428Average Household Size 2.47 2.46 2.46Owner Occupied Housing Units 2,305 2,403 2,510Renter Occupied Housing Units 775 986 1,068Median Age 43.8 45.3 46.1

Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.09% 0.92% 0.83%Households 1.10% 0.86% 0.79%Families 0.91% 0.77% 0.71%Owner HHs 0.88% 0.83% 0.72%Median Household Income 1.40% 2.31% 2.12%

2017 2022 Households by Income Number Percent Number Percent

<$15,000 243 7.2% 259 7.2%$15,000 - $24,999 198 5.8% 199 5.6%$25,000 - $34,999 298 8.8% 288 8.0%$35,000 - $49,999 397 11.7% 382 10.7%$50,000 - $74,999 589 17.4% 560 15.7%$75,000 - $99,999 523 15.4% 566 15.8%$100,000 - $149,999 562 16.6% 652 18.2%$150,000 - $199,999 212 6.3% 266 7.4%$200,000+ 366 10.8% 407 11.4%

Median Household Income $73,170 $78,422Average Household Income $102,685 $112,194Per Capita Income $41,108 $44,701

Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent

0 - 4 411 5.4% 399 4.7% 418 4.6%5 - 9 447 5.8% 426 5.0% 427 4.7%10 - 14 469 6.1% 457 5.4% 456 5.1%15 - 19 497 6.5% 491 5.8% 492 5.5%20 - 24 393 5.1% 583 6.8% 539 6.0%25 - 34 813 10.6% 969 11.4% 1,119 12.4%35 - 44 922 12.0% 904 10.6% 949 10.5%45 - 54 1,072 14.0% 1,053 12.4% 983 10.9%55 - 64 1,100 14.3% 1,245 14.6% 1,266 14.1%65 - 74 816 10.6% 1,160 13.6% 1,349 15.0%75 - 84 538 7.0% 599 7.0% 749 8.3%

85+ 202 2.6% 239 2.8% 255 2.8%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 5,165 67.3% 5,534 64.9% 5,663 62.9%Black Alone 1,810 23.6% 1,948 22.8% 2,034 22.6%American Indian Alone 32 0.4% 37 0.4% 40 0.4%Asian Alone 212 2.8% 313 3.7% 385 4.3%Pacific Islander Alone 8 0.1% 18 0.2% 25 0.3%Some Other Race Alone 170 2.2% 286 3.4% 370 4.1%Two or More Races 283 3.7% 391 4.6% 486 5.4%

Hispanic Origin (Any Race) 432 5.6% 702 8.2% 900 10.0%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.

March 06, 2018

©2018 Esri Page 1 of 6



AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

2.22

1.81.61.41.2

10.80.60.40.2

0Population Households Families Owner HHs Median HH Income

20172022

Population by AgePopulation by Age

Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2017 Household Income 2017 Household Income

<$15K7.2%

$15K - $24K5.8%

$25K - $34K8.8%

$35K - $49K11.7%

$50K - $74K17.4%

$75K - $99K15.4%

$100K - $149K16.6%

$150K - $199K6.3%

$200K+10.8%

2017 Population by Race2017 Population by Race

Perc

ent

605550454035302520151050

White Black Am. Ind. Asian Pacific Other Two+

2017 Percent Hispanic Origin: 8.2%


March 06, 2018




Summary Census 2010 2017 2022Population 28,849 30,726 32,314Households 10,743 11,362 11,959Families 7,224 7,543 7,880Average Household Size 2.51 2.54 2.54Owner Occupied Housing Units 7,304 7,450 7,807Renter Occupied Housing Units 3,439 3,912 4,152Median Age 38.3 40.1 41.4



<$15,000 887 7.8% 936 7.8%$15,000 - $24,999 754 6.6% 761 6.4%$25,000 - $34,999 1,046 9.2% 1,007 8.4%$35,000 - $49,999 1,368 12.0% 1,309 10.9%$50,000 - $74,999 1,945 17.1% 1,834 15.3%$75,000 - $99,999 1,610 14.2% 1,731 14.5%$100,000 - $149,999 1,810 15.9% 2,069 17.3%$150,000 - $199,999 807 7.1% 1,006 8.4%$200,000+ 1,134 10.0% 1,308 10.9%



0 - 4 1,569 5.4% 1,495 4.9% 1,547 4.8%5 - 9 1,563 5.4% 1,532 5.0% 1,535 4.8%10 - 14 1,636 5.7% 1,572 5.1% 1,600 5.0%15 - 19 2,129 7.4% 2,042 6.6% 2,057 6.4%20 - 24 3,111 10.8% 3,348 10.9% 3,195 9.9%25 - 34 3,405 11.8% 3,745 12.2% 4,010 12.4%35 - 44 3,171 11.0% 3,152 10.3% 3,396 10.5%45 - 54 3,795 13.2% 3,426 11.2% 3,260 10.1%55 - 64 3,521 12.2% 4,154 13.5% 4,197 13.0%65 - 74 2,631 9.1% 3,589 11.7% 4,330 13.4%75 - 84 1,723 6.0% 1,902 6.2% 2,332 7.2%

85+ 595 2.1% 769 2.5% 853 2.6%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 20,238 70.2% 20,834 67.8% 21,307 65.9%Black Alone 5,772 20.0% 6,138 20.0% 6,435 19.9%American Indian Alone 129 0.4% 157 0.5% 176 0.5%Asian Alone 941 3.3% 1,213 3.9% 1,467 4.5%Pacific Islander Alone 42 0.1% 75 0.2% 98 0.3%Some Other Race Alone 719 2.5% 1,008 3.3% 1,242 3.8%Two or More Races 1,008 3.5% 1,301 4.2% 1,589 4.9%

Hispanic Origin (Any Race) 1,790 6.2% 2,538 8.3% 3,151 9.8%Data Note: Income is expressed in current dollars.


March 06, 2018




AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

2.22

1.81.61.41.2

10.80.60.40.2


20172022


Perc

ent

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K7.8%

$15K - $24K6.6%

$25K - $34K9.2%

$35K - $49K12.0%

$50K - $74K17.1%

$75K - $99K14.2%

$100K - $149K15.9%

$150K - $199K7.1%

$200K+10.0%


Perc

ent

65605550454035302520151050




March 06, 2018




Summary Census 2010 2017 2022Population 67,324 72,533 76,705Households 25,432 27,284 28,915Families 16,848 17,863 18,809Average Household Size 2.41 2.43 2.44Owner Occupied Housing Units 16,061 16,630 17,556Renter Occupied Housing Units 9,371 10,655 11,359Median Age 35.6 37.2 38.7



<$15,000 2,254 8.3% 2,404 8.3%$15,000 - $24,999 1,922 7.0% 1,945 6.7%$25,000 - $34,999 2,457 9.0% 2,381 8.2%$35,000 - $49,999 3,546 13.0% 3,423 11.8%$50,000 - $74,999 4,935 18.1% 4,678 16.2%$75,000 - $99,999 3,693 13.5% 3,973 13.7%$100,000 - $149,999 4,591 16.8% 5,295 18.3%$150,000 - $199,999 1,849 6.8% 2,369 8.2%$200,000+ 2,038 7.5% 2,447 8.5%



0 - 4 3,828 5.7% 3,706 5.1% 3,872 5.0%5 - 9 3,663 5.4% 3,750 5.2% 3,782 4.9%10 - 14 3,822 5.7% 3,776 5.2% 3,937 5.1%15 - 19 5,928 8.8% 5,913 8.2% 5,979 7.8%20 - 24 7,666 11.4% 7,962 11.0% 7,728 10.1%25 - 34 8,343 12.4% 9,439 13.0% 9,794 12.8%35 - 44 7,444 11.1% 7,501 10.3% 8,479 11.1%45 - 54 8,499 12.6% 7,990 11.0% 7,635 10.0%55 - 64 7,483 11.1% 8,820 12.2% 9,120 11.9%65 - 74 5,564 8.3% 7,472 10.3% 8,835 11.5%75 - 84 3,568 5.3% 4,206 5.8% 5,311 6.9%

85+ 1,518 2.3% 1,995 2.8% 2,232 2.9%Census 2010 2017 2022

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 47,626 70.7% 49,855 68.7% 51,480 67.1%Black Alone 13,275 19.7% 14,241 19.6% 14,953 19.5%American Indian Alone 244 0.4% 296 0.4% 336 0.4%Asian Alone 2,266 3.4% 2,943 4.1% 3,560 4.6%Pacific Islander Alone 113 0.2% 172 0.2% 214 0.3%Some Other Race Alone 1,421 2.1% 1,970 2.7% 2,433 3.2%Two or More Races 2,379 3.5% 3,055 4.2% 3,728 4.9%

Hispanic Origin (Any Race) 4,203 6.2% 5,859 8.1% 7,276 9.5%Data Note: Income is expressed in current dollars.


March 06, 2018




AreaStateUSA

Trends 2017-2022Trends 2017-2022

Ann

ual R

ate

(in

perc

ent)

2.22

1.81.61.41.2

10.80.60.40.2


20172022


Perc

ent

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K8.3%

$15K - $24K7.0%

$25K - $34K9.0%

$35K - $49K13.0%

$50K - $74K18.1%

$75K - $99K13.5%

$100K - $149K16.8%

$150K - $199K6.8%

$200K+7.5%


Perc

ent

65605550454035302520151050




March 06, 2018


AGENCY DISCLOSURE

In a real estate transaction, when the Agent represents the:

Seller/Landlord:

then an Agent under a listing agreement with a seller acts as the agent for the seller. The

listing company and all of its broker/agents, and the selling company and all of its agents

as subagents of the seller, would owe their fiduciary duties to the seller. The broker and

broker's agents may still provide buyer/tenants, as customers, with information about

properties and available financing, may show them properties, and may assist them in

preparing an offer to purchase, option or lease a particular property.

Buyer/Tenant:

then an Agent under a contract with a buyer acts as the agent for that buyer only, as a

"Buyer/Broker/Agent," and the Agent is not the seller's agent, even if the Purchase

Contract provides that the Seller or the Listing Broker will pay the Agent for the services

rendered to the buyer/tenant. An Agent acting as the buyer's/tenant's agent must disclaim

sub agency if offered and must disclose the Buyer/Tenant Broker/Agent relationship when

dealing with the seller's/landlord's Agent or the Seller/Landlord. The Buyer/Tenant

Broker/Agent owes its fiduciary duties to the buyer/tenant.

Buyer and Seller (Acting as a Dual Agent):

then an Agent, either acting directly or through one or more of the brokerage firm's other

Agents, may be the Agent of both the buyer and the seller, but only if the scope of the

agency is limited by a written agreement and only with the express knowledge and written

consent of both the buyer and the seller. An Agent representing both the buyer and the

seller must disclose all information regarding the agency relationship, including the

limitation on the Agent's ability to represent either party folly and exclusively. The Agent

must not disclose to either party, without the prior consent of the party adversely affected

by the disclosure, any information obtained within the confidentiality and trust of the

fiduciary relationship. As an example, the Agent must not tell the buyer that the seller

will accept a price lower than the listing price, nor tell the seller that the buyer will pay a

price offered, without the prior consent of the party adversely affected by the disclosure.

Campana Waltz Commercial Real Estate, LLC is the Listing Broker, Buyer Broker,

Dual Agent for the property submitted in this information package.

Acknowledged by:

Campana Waltz Commercial Real Estate, LLC

Documents

For Sale - LoopNet · Busch Corporate Office Park Description: Class “B” Type Office space which is located in the heart of the Busch Corporate Park in Williamsburg. The office