Williamsburg Premium Outlets
A retail property in Williamsburg, Virginia. Securitized in 1 CMBS deal in 2016.
$337.8MAppraised value (latest deal)
95.2%Occupancy
$21.1MUnderwritten NOI
6.3%Implied cap rate
- Address
- 5715-62A Richmond Road, Williamsburg, VA 23188
- Property type
- Retail · Anchored
- Year built
- 1987
- Size
- 29,000 SF
- Sponsor
- Simon Property Group, L.P.
- Loan purpose
- Refinance
- Largest tenant
- Food Lion
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| COMM 2016-DC2 | 2016-03-16 | $337.8M | 95.2% | $21.1M | 6.3% | $50.0M | 54.8% | 2.52x | 424B |
More CMBS properties in Virginia →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.