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    760 WARRIOR Drive unit 3 Stephens City, VA 22655

    View on Map
    Picture of Retail space at 760 WARRIOR Drive unit 3, Stephens City, VA
    For Lease
    $2,774 /Mo

    CommercialLease - STEPHENS CITY, VA

    Type:Retail
    Property size:
    2,080 SF
    Added:
    Feb 11, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 1 at 9:06 am

    Property Features for 760 WARRIOR Drive unit 3

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Size
    2,080 SF

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Heat Pump

    Building Details

    Year built
    2007
    Building materials
    Brick Front

    We can help!

    Listing Contact
    Donald A Butler

    Listing agent Donald A Butler License #0225110478

    Listing office Virginia Property Group, Inc. 3050 VALLEY Avenue unit: 110, Winchester, VA

    Listing date Feb 11, 2026

    MLS# VAFV2039460

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Stephens City Retail/Office Space

    This 2,080 square foot retail or office space is located in a thriving shopping center on Warrior Drive in Stephens City, Virginia. The property is zoned B-2. Current tenants in the shopping center include Exxon, Subway, Blue Ridge Thrift Store, and Newtown Print and Mail. The monthly base rent is $2,427, with Common Area Maintenance (CAM) fees of $347.00, totaling $2,774.00 per month. The tenant is responsible for electric utilities, and gas may be available. The landlord covers reasonable water and sewer costs. The lease term is 24 months, with a 3% annual escalation in the base rent. No dumpster service is provided.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dunkin' Cafe & Coffee Shop Subway Take-out & Catering Baskin-Robbins Grocery & Convenience Store Valley Men's Health Physician Vape Mellow Stephens ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stephens City
    County
    Frederick
    State
    Virginia
    Longitude
    -78.1778783
    Latitude
    39.0921967

    Nearby Similar for Lease

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      STEPHENS CITY Commercial Space

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      122 AGAPE Way unit: A, STEPHENS CITY, VA 22655
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      Retail Space Near Interstate 81

      Retail space anchored by Martin’s grocery store near Interstate 81.
      212-240 Elizabeth Dr, Stephens City, VA
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      Retail Space Available For Lease

      Retail space available for lease in Stephens City, Virginia.
      118 Fairfax Pike, Stephens City, VA 22655
      View Details

    FAQs

    What type of property is this?
    Retail space - 2,080 SF retail/office space in thriving shopping center.
    Where is this retail space located?
    The property is located at 760 WARRIOR Drive unit 3 Stephens City, VA.
    What is the lease rate?
    The lease rate is $2,774 /Mo.
    What are key features of this property?
    This property features: Located in a thriving shopping center on Warrior Drive.; Zoned B‑2 for office/retail use.; 2,080 Square Feet of space.
    (540) 722-4500
    We can help!
    Listing Contact
    Donald A Butler
    Real Estate License ID: 0225110478
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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