Retail Space on Route
2844 Jefferson Davis Hwy Stafford, VA 22554
2844 Jefferson Davis Hwy, Stafford, VA, 22554
Contact for pricing
For Sale
Contact for pricing
Retail space for sale near major retailers and residential complex.
Property Size4,223 SF
Price / SF$449.92
Days on Market1506
Property Features for 2844 Jefferson Davis Hwy
General Information
- Standard status
- Active
- Size
- 4,223 SF
- Property subtype
- Retail
Listing agency
SEL Property Advisors, LLC
Listed by
Marcello Mannino · License #10491212382
Source
Crexi
Added: Jun 9, 2022 Updated: Jul 10 at 11:20AM Checked: Jul 22 at 6:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SEL Property Advisors, LLC
Investment Insights
Based on property information with market context.
This 4,223-square-foot retail space is positioned on Route 1, across from a McDonald's and the Aquia15 at Towne Center Apartment Complex, which contains 256 apartments. The location is in close proximity to a Walmart Supercenter, Lowe’s Home Improvement, Target, Best Western, and Home Depot. These retailers have significant regional draw and are accompanied by countless national retailers. The property is located within minutes of Marine Corps Base Quantico, which has an annual economic impact of over $5.8 billion.
Key Highlights
- High‑traffic location on Route 1, across from McDonalds and Aquia15 at Towne Center Apartment Complex (256 Apartments).
- Close proximity to major national retailers including Walmart Supercenter, Lowe’s, Target, Best Western, and Home Depot.
- Minutes from Marine Corps Base Quantico, with an annual economic impact of over $5.8B.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $211.3k | $50.04 |
| − Vacancy | −$9.5k | −$2.25 |
| EGI | $201.8k | $47.79 |
| − OpEx | −$60.5k | −$14.34 |
| NOI | $141.3k | $33.45 |
4,223 SF · lease $50.04/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.02M
$1.77M – $2.35M
NOI $141,267 @ 7.0% cap · market cap 7.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.35M
$2.05M – $2.74M
NOI $164,190 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Juicy Bucket Seafood ...
Restaurant
Juicy Bucket Seafood ...
Restaurant
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FAQs
What type of property is this?
Retail space - Retail space for sale near major retailers and residential complex.
Where is this retail space located?
The property is located at 2844 Jefferson Davis Hwy Stafford, VA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: High‑traffic location on Route 1, across from McDonalds and Aquia15 at Towne Center Apartment Complex (256 Apartments).; Close proximity to major national retailers including Walmart Supercenter, Lowe’s, Target, Best Western, and Home Depot.; Minutes from Marine Corps Base Quantico, with an annual economic impact of over $5.8B.
