**SRS Real Estate Partners Completes $10M Sale of Flagship Commons in Virginia**
SRS Real Estate Partners has announced the $10 million sale of Flagship Commons at One Loudoun, a 13,316-square-foot retail center in Ashburn, Virginia.
Located at 44795 Dulles Overlook Drive, the property spans approximately three acres and was newly constructed in 2022. It features an endcap drive-thru and is fully leased to a mix of national and local tenants, including Five Guys, The Big Screen Store, Club Champion, Dunkin’, and Finn Thai.
SRS’ Washington, D.C. Capital Markets team, led by Andrew Fallon, Philip Wellde Jr., and Rick Fernandez, represented the developer-seller in the transaction. The buyer, a private Northern Virginia-based investment group, acquired the property as part of a 1031 exchange. Acquisition financing was facilitated by John Marshall Bank.
Flagship Commons, anchored by Five Guys and a drive-thru Dunkin’, boasts a strategic location in front of Top Golf and iFly, directly across from One Loudoun, a nationally recognized mixed-use lifestyle center.
