Neuman Commercial Group, LLC, led by Principal Gil Neuman, has been named as exclusive advisor and agent for the sale of Tollhouse Retail Center in Leesburg, Loudoun County, Virginia. Built in 1987 with 29,352 square feet, the landmark center is located at 305 East Market Street at the entrance to Leesburg Historic District. Owned for 23 years by the same partnership, the center has historically and continuously maintained 100% occupancy. Eleven neighborhood destination tenants include Loudoun School of Ballet, La Villa Roma Restaurant, Leesburg Paint, and Brantley Salon, many in place for over two decades. Neuman Commercial Group is exclusively representing the sellers.

“Tollhouse represents a true infill value-add opportunity, with mature and significantly below-market rents ensconced in a prime Washington D.C. MSA submarket,” stated Gil Neuman, Principal of Neuman Commercial Group.

Leesburg is the county seat of Loudoun County, which is ranked the wealthiest county in the nation with a median household income of $124,000. Over 54,700 residents with average household income of $129,900 live within three miles of the property, with easy access to the Washington, D.C. metropolitan area and Dulles International Airport.Leesburg’s population of 51,200 represents a 74% increase since 2000. The town currently has over two million square feet of commercial property and 1,800 residential units in the pipeline.

Neuman Commercial Group, LLC is a Mid-Atlantic commercial real estate investment services firm.