Atlantic Capital Partners has been exclusively engaged to market for sale the Compass Creek Portfolio – a six-asset retail portfolio consisting of two strip-centers and four freestanding pads. Located in Leesburg, Virginia, Compass Creek offers investors the opportunity to acquire a fully leased, new construction retail asset with a complementary mix of both national and strong regional tenancy. The 25,830 SF portfolio consists of four freestanding pads home to Valvoline, Popeye’s, Chipotle, and Starbucks. Additionally, the portfolio features a 15,805 SF strip center (across two buildings) home to national tenants AT&T, Heartland Dental, and regional tenants such as Buffalo Wing Factory, Mezeh Mediterranean Grill, Virginia ABC, and Bruster’s Ice Cream. The portfolio features attractive rents and a WALT Remaining of approximately 8 years, providing investors with a strong and durable cash flow. Compass Creek is a 200-acre mixed use development situated in the heart of Loudoun County, and features a variety of retail, dining, entertainment and recreation uses. The development is home to The Rinks at Compass Creek, one of the largest skating and events arenas in the Mid-Atlantic with over 5,500+
grand-stand stadium seats. Compass Creek is also home to notable national retailers Walmart and At Home. Additionally, a new Hyperscale Data Center Campus and 111-room Residence Inn by Marriot are both in development. The Compass Creek portfolio is being offered for sale without a formal asking price, free and clear of existing debt. Investors will have the opportunity to acquire any of the freestanding pads or strip center buildings on a standalone basis or acquire the Portfolio entirely. A formal Call for Offers date will be established during the marketing process.