Why Manassas at Promenade?
The Promenade at Manassas, anchored by a 25+ year, high-performing Home Depot, is a rare, highly stable center in which national brand essential tenants make up 66% of the site’s revenue. What’s more, the Promenade at Manassas is located in the booming Washington D.C. MSA, along Northern VA’s heavily trafficked I-66 which supplies an immense and affluent base of visitors.
Further supporting this dominant Home Depot is co-anchor Oh! Market International Food, a favorite regional grocer perfectly positioned to serve the highly diverse community and capitalize on the foot traffic generated by Promenade’s other essential tenants.
The combination of essential-needs tenants (40% of the rent roll), a strong performing Home Depot anchor (4th largest retailer in the US), and the center’s unmatched access to dense, highly affluent demographics spell long-term value and steady cash flow that every portfolio needs to succeed.