266 McLaws Cir - Office FOR SALE


Williamsburg, VA 23185
$1,925,000 USD
865-258-6433
266 McLaws Cir, Williamsburg, VA for Sale
$1,925,000 USD
Office - FOR SALE
1/21
null | 7.46% Cap Rate

266 McLaws Cir
Williamsburg, VA 23185


HIGHLIGHTS

  • Merrill Lynch (S&P: A+) - Credit-rated tenant backed by Bank of America
  • 100% Leased - Single-tenant occupancy since original construction
  • Long-Term Tenancy - Nearly 25 years of continuous occupancy
  • Recent Lease Extension - 5+ Years of Term Remaining/ Lease Recently Renewed Includes Two (2) Five-Year Options to extend
  • Premier Location - Situated at the entrance to Kingsmill Resort, serving a high-net-worth clientele
  • Tenant-Funded Renovation - Full suite renovation completed in 2020 at tenant's expense

OVERVIEW

Marcus & Millichap is pleased to present the exclusive offering of 266 Mclaws Circle, a premier single-tenant office investment located in the heart of Williamsburg, Virginia. This 7,372-square-foot property is fully leased to Merrill Lynch, a division of Bank of America and one of the most recognized names in global wealth management. Merrill Lynch has occupied the building since its original construction and recently signed a lease extension through August 31, 2030, demonstrating long-term commitment and operational success at this location. In 2020, Merrill Lynch personally funded a full renovation of their suite, reinforcing the strategic importance of the site to their regional operations. The lease is a modified gross structure, providing investors with reliable cash flow and limited landlord responsibilities. Strategically located at the entrance to Kingsmill Resort, the property offers strong visibility to one of Williamsburg's most affluent communities. With a built-in high-net-worth client base, long-term tenancy, and national credit, this asset presents a rare turnkey investment opportunity in a resilient submarket-ideal for investors seeking stable income, passive ownership, and long-term portfolio value.

FOR SALE DETAILS

PRICE

$1,925,000 USD

PRICE/SF

$261 USD /SF

CAP RATE

7.46%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Bank

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

General Business

APN/PARCEL ID

G12B-3995-3270

ASK ABOUT THIS PROPERTY

Kristina ErmyakinaMarcus & MillichapMore Info
865-258-6433

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Kristina ErmyakinaMarcus & MillichapMore Info
865-258-6433

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.