Permanent Loan – Acquisition
- 47,936 SF Grocery Anchored Retail Plaza
- Manassas, VA
Axiom Capital Corp. has arranged $5,000,000 in permanent financing for acquisition financing of a 47,936 square foot grocery anchored retail plaza. The tenant mix at the property inculdes Pizza Hut, Snap Fitness, a nail salon, dentist, and a primary care doctor. Additionally, the Property benefits from valuable traffic generated by the 14,690 square foot CVS that shadows the Property.
The Property is ideally located with combined traffic counts are nearly 40,000 vehicles each day. Hoadly Road spans five miles from Route 234 to the Prince William Parkway (51,000 AADT), a major arterial connecting the numerous housing developments in the eastern portion of the Prince William County to nearby I-95 (198,000 AADT).