757-544-4655
5242 Olde Towne Rd, Williamsburg, VA for Rent

$17.50 USD /SF/yr

Retail - For Rent
1/1
1,600 SF | 1 Space

5242 Olde Towne Rd
Williamsburg, VA 23188


HIGHLIGHTS

  • Located at the high-traffic intersection of Longhill Road and Olde Towne Road in Williamsburg.
  • Recent infrastructure improvements, including a new roundabout, have enhanced traffic flow and safety.
  • The Cardinal Ridge Development will add nearly 1,000 residential units to the area.
  • Located adjacent to the prestigious Fords Colony and Windsor Forest neighborhoods, multiple apartment complexes and resort timeshares.
  • Williamsburg Premium Outlets are "just around the corner" at the intersection of Olde Towne Rd and Richmond Rd.
  • Immediate connectivity to Route 199 and it's dual interchanges with Interstate 64.

OVERVIEW

Olde Towne Marketplace, Located at 5242 Olde Towne Road in Williamsburg, Virginia, offers a premier retail location at the intersection of Longhill Road and Olde Towne Road. Recent infrastructure improvements, including the completion of the Longhill Road widening project in April 2023, have significantly enhanced traffic flow in the area. The addition of a roundabout at the intersection of Longhill Road and Williamsburg Plantation Drive has streamlined access, reducing congestion and improving safety for both drivers and pedestrians. Further enhancing the area’s appeal is the redevelopment of surplus land from the Eastern State Hospital. The Cardinal Ridge development, covering approximately 368 acres, will introduce up to 946 residential units, including apartments, townhomes, and single-family homes, along with 19.6 acres of commercial space. This influx of residents is expected to drive consumer demand, providing a steady and growing customer base for retailers in the vicinity. With its prime location, improved traffic infrastructure, and proximity to expanding residential communities, 5242 Olde Towne Road stands as an ideal choice for retailers seeking high visibility and access to a dynamic, flourishing market.

RENTAL DETAILS

SPACE AVAILABLE

1,600 SF

# OF SPACES

1

RENT/MONTH

$2,333 USD /mo

RENT RATE (MO)

$1.46 USD /SF/mo

RENT RATE (YR)

$17.50 USD /SF/yr

LEASE TYPE

Modified Gross

LEASE LENGTH

Negotiable

AVAILABLE

-

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

8,800 SF

YEAR BUILT

1994

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

LB

ASK ABOUT THIS PROPERTY

Beth HinsonColdwell Banker Commercial Brooks Real EstateMore Info
757-544-4655

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Beth HinsonColdwell Banker Commercial Brooks Real EstateMore Info
757-544-4655

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