Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4000 Prince George Dr Prince George, VA 23875

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $18 SF/Yr ($2,100 /Mo)

    Restaurant endcap available in shopping center near Fort Lee.

    Property size:
    1,400 SF
    Lot size:
    1,400 SF

    Property Features for 4000 Prince George Dr

    General Information

    Standard status
    Active
    Size
    1,400 SF

    We can help!

    Listing Contact
    Pam Strieffler
    Source: Cbre

    Listing Agent: Pam Strieffler

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Restaurant Space in Branchester Lakes

    A 1,400 square foot endcap space, built out as a restaurant, will be available for rent starting March 1, 2026, in the Branchester Lakes shopping center. The shopping center has over 40,000 square feet and is anchored by a high-performing Food Lion. The location is near Fort Lee military base and benefits from significant residential growth in the surrounding Prince George area, providing a strong customer base.
    Location Intelligence

    Current Use by Public Records

    Food Lion Grocery & Convenience Store Coinstar Kiosk | Bitcoin ... Atm Liberty Katz Cattery Pet Store Redbox Cinema Western Union Bank

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Prince George
    County
    Prince George
    State
    Virginia
    Longitude
    -77.2834533
    Latitude
    37.2577985

    Nearby Similar for Lease

    • Contact for pricing

      Industrial Building Near I-295

      9,000 SF industrial building strategically located near major highways.
      7543 Harvest Rd, Prince George, VA 23875
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      Medical office space available in Prince George, Virginia.
      2035 Waterside Rd, Prince George, VA 23875
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      Medical office space available in Waterside Commons Medical Office Park.
      2035 Waterside Rd, Prince George, VA 23875
      View Details
    • Contact for pricing

      Retail Space Near Courthouse Complex

      Retail spaces available in Dollar General anchored shopping center.
      6805 Commons Dr, Prince George, VA 23875
      View Details
    • Contact for pricing
      1,450 SF

      Office Space Near Fort Gregg-Adams

      Commercial office space with convenient access to major routes.
      4701 Owens Way, Prince George, VA 23875
      View Details
    • Contact for pricing
      930 SF

      Retail Space Near Courthouse Complex

      Retail space for lease near Fort Gregg-Adams and Courthouse.
      6805 Commons Dr, Prince George, VA 23875
      View Details
    • Contact for pricing
      250,000 SF

      Modern Logistics and Manufacturing Space

      250,000 SF logistics/manufacturing space with immediate highway access.
      8800 Wells Station Rd, Prince George, VA 23875
      View Details
    • Contact for pricing

      New Industrial Building For Lease

      New construction industrial building available for lease in Q4 2026.
      6013 Hardware Dr, Prince George, VA 23875
      View Details
    • Contact for pricing

      Industrial Building Near I-295, I-95

      9,000 SF industrial building for lease near I-295, I-95.
      7543 Harvest Rd, Prince George, VA 23875
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      Medical office space available for lease in Prince George, Virginia.
      2035 Waterside Rd, Prince George, VA 23875
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant endcap available in shopping center near Fort Lee.
    Where is this restaurant located?
    The property is located at 4000 Prince George Dr Prince George, VA.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Anchored by a high-performing Food Lion.; - Located near Fort Lee military base.; - Significant residential growth in the surrounding area.
    (804) 201-2026
    Request Owner's contact information
    4000 Prince George Dr Prince George, VA 23875
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4000 Prince George Dr
    Prince George, VA 23875
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4000 Prince George Dr Prince George, VA 23875
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Pam Strieffler
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!