308 Worth Ave
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308 Worth Ave
26,993 SF 100% Leased Retail Building Stafford, VA 22556 For Sale
Investment Highlights
- Marine Corps Base Quantico sits 7 miles northeast of DocStone Commons, less than a 20-minute drive.
- Outparcel of the larger DocStone Commons, occupied by regional traffic driving tenants Home Depot, Giant, Petco, and Staples.
- The economic stability of Quantico creates a robust submarket anchored by the Federal Government, with direct and indirect job creation of 46,000+.
- DocStone Commons is ideally located in a dominant retail corridor with 86,707 residents within a 5-mile radius earning $161,435 Avg HH Income.
Executive Summary
The KLNB Retail Capital Markets is pleased to announce for sale the fee simple interest in DocStone Commons, a 26,993 SF Strip Center shadow anchored by Home Depot and Giant in Stafford, Virginia. The asset is occupied by a seasoned tenant roster including Outback Steakhouse, Navy Federal Credit Union, Orangetheory Fitness, and Monster Golf with recent addition of Fatty’s Wing House, a local restaurant with additional locations in Stafford and Fredericksburg. DocStone Commons is positioned in Stafford’s primary retail corridor, less than 1-mile from I-95 and caters to the rapidly growing corridor anchored by Marine Corps Base Quantico. 100% occupied, DocStone Commons offers a national rent roll and additional complimentary shopping center traffic drivers including Chick-fil-A, AutoZone, Petco, and Staples, all located in the larger DocStone Commons Shopping Center.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
26,993 SF
Building Class
B
Year Built
2004
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.19
Land Acres
3.25 AC
Zoning
B-2, County
Parking
162 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
342 ft on Worth Ave
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signalised Intersection
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 20MM-10C | Improvements Assessment | £2,906,098 |
| Land Assessment | £1,551,833 | Total Assessment | £4,457,931 |
PROPERTY TAXES
Parcel Number
20MM-10C
Land Assessment
£1,551,833
Improvements Assessment
£2,906,098
Total Assessment
£4,457,931
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Christopher Burnham -
KLNB
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