Marcus & Millichap is pleased to present the exclusive offering of 266 McLaws Circle, a premier single-tenant office investment located in the heart of Williamsburg, Virginia. This 7,372-square-foot property is fully leased to Merrill Lynch, a division of Bank of America and one of the most recognized names in global wealth management. Merrill Lynch has occupied the building since its original construction and recently signed a lease extension through August 31, 2030, demonstrating long-term commitment and operational success at this location.
In 2020, Merrill Lynch personally funded a full renovation of their suite, reinforcing the strategic importance of the site to their regional operations. The lease is a modified gross structure, providing investors with reliable cash flow and limited landlord responsibilities.
Strategically located at the entrance to Kingsmill Resort, the property offers strong visibility to one of Williamsburg’s most affluent communities. With a built-in high-net-worth client base, long-term tenancy, and national credit, this asset presents a rare turnkey investment opportunity in a resilient submarket—ideal for investors seeking stable income, passive ownership, and long-term portfolio value.
Investment Highlights
Merrill Lynch (S&P: A+) – Credit-rated tenant backed by Bank of America
100% Leased – Single-tenant occupancy since original construction
Long-Term Tenancy – Nearly 25 years of continuous occupancy
Recent Lease Extension – 5+ Years of Term Remaining / Lease Recently Renewed
Renewal Options – Includes Two (2) Five-Year Options to extend
Tenant-Funded Renovation – Full suite renovation completed in 2020 at tenant’s expense
Turnkey Investment – Low-management asset with stable cash flow
Premier Location – Situated at the entrance to Kingsmill Resort, serving a high-net-worth clientele
Location Summary
266 McLaws Circle is ideally located in Williamsburg, Virginia—a historic, culturally rich, and economically diverse city positioned between the Richmond and Hampton Roads metropolitan areas. The property enjoys a strategic location at the entrance to Kingsmill Resort, one of the region’s most exclusive residential and resort communities, renowned for its luxury amenities, waterfront homes, and world-class golf courses. This prestigious setting enhances the property’s visibility, accessibility, and appeal, particularly for high-net-worth individuals and professional clientele.
The asset is situated along McLaws Circle, a well-established professional office corridor offering convenient access to Interstate 64, Route 199, and the Colonial Parkway. These key roadways connect Williamsburg to major cities including Richmond, Newport News, Norfolk, and Virginia Beach, making the location ideal for regional connectivity. The surrounding area features a strong mix of upscale residential neighborhoods, national retailers, and leading employers such as William & Mary, Colonial Williamsburg Foundation, and Sentara Healthcare—all of which contribute to a steady demand for professional and financial services.
In addition to its strong institutional and residential anchors, the property benefits from proximity to key regional attractions including Busch Gardens Williamsburg and Water Country USA. These premier tourist destinations draw millions of visitors annually and contribute significantly to the area’s hospitality and service economy. This well-balanced combination of tourism, healthcare, education, and affluent demographics positions Williamsburg as a resilient and desirable submarket for long-term investment.
