Avison Young’s U.S. Capital Markets Group, the exclusive advisor to the Owner, is pleased to present the opportunity to acquire 5900 Kingstowne Village Parkway (the “Property”). The Property contains 88,288 square feet (sf) of class A retail located at the center of the 1.5 million square foot (msf) Kingstowne Towne Center, the hub of Virginia’s second largest planned urban development (PUD), anchored by two dominant grocers: Giant and Safeway. The Property is 100%-leased with over six years of remaining WALT, located in the heart of Kingstowne’s unique and walkable town center campus. The combination of two grocery anchors on the adjacent parcels with a captive office tenant community has been the driving force for the Property’s durable cash flow and sustained occupancy, which has remained nearly 100% leased for each of the past 10 years. Including the square footage of the Property, there is more than 600,000 sf of grocery-anchored retail in the Kingstowne Towne Center in addition to two class A office towers. The Property serves as the entertainment hub for the entire Kingstowne PUD and office tenant community. There are currently 646 class A multifamily units in the final phases of pre-development on the 4.66 acres of surface parking directly in front of the Property. This project will fully activate the western portion of the Towne Center, to the benefit of the Property’s next Owner, who will not incur any costs but will enjoy a fully revitalized pedestrian plaza as part of the developer's plan for the site.