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3022-3068 Festival Way, Waldorf, MD 20601

Anchors, junior anchor, and small shop spaces are available at a retail center with prominent Route 301 and Route 228 access.

Space Size6,051 SF
Days on Market1275

Property Features for 3022-3068 Festival Way

General Information

Standard status Active
Size 6,051 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi

Spaces For Lease

at 3022-3068 Festival Way Contact us

The Shops at Waldorf Center

Floor
1
Size
6,051 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Located at the busiest intersection in Southern MD (Route 301 and Route 228) -...
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Listing Agency: H&R Retail - Washington, DC
Listed By: Ray Schupp · License ##0225077939
Source: Moodyscre
Added: Mar 20, 2023 Changed: Aug 14 Last Checked: Sep 13 at 9:32AM

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 H&R Retail - Washington, DC

Investment Insights

Based on property information with market context.

This retail shopping center offers a mix of leasing opportunities, including anchor, junior anchor, and small shop spaces. The property also notes a future expansion of 60,000 square feet, supporting additional growth within the center.

The site is positioned at what the remarks describe as the busiest intersection in Southern Maryland at Route 301 and Route 228. Access and visibility from both corridors are highlighted, with Route 301 reported at 62,833 AAWDT and Route 228 at 36,973 AAWDT.

Tenant co-tenancy is indicated by the presence of national retailers and users such as HomeGoods, PetSmart, Bob’s Discount Furniture, Staples, Michaels, Ross Dress for Less, Ulta, TJ Maxx, Party City, Christmas Tree Shops and That!, and LA Fitness.

Key Highlights

  • Retail center located at Route 301 and Route 228, the busiest intersection in Southern MD
  • High‑traffic access: Route 301 has 62,833 AAWDT and Route 228 has 36,973 AAWDT
  • Space available for anchor, junior anchor, and small shop tenants

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Garden Center Locksmith (Bike/Boat/Book/etc) Store Florist Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,730
Businesses Nearby
Well-served
Demand for This Use

Demographics for 20601, MD

27,789
Population
10,560
Households
2.6
Avg Household Size
38
Median Age
32%
College-Educated
94%
High-School Grad
47.8 sq mi
ZIP Area
581
Density / Sq Mi
$120,278
Median Household Income
$59,004
Median Earnings
$2,154
Median Rent
$380,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Sunglass Hut at Macy's 11200 Mall Cir, Waldorf, MD 20603
  • St. Charles Towne Center 11110 Mall Cir, Waldorf, MD 20603
  • Post Office Road Plaza Shopping Center St Charles, MD 20602
  • Waldorf Shoppers World 3220 Robert S. Crain Hwy, Waldorf, MD 20603
  • Charles County Plaza Shopping Center 3273 Plaza Dr, Waldorf, MD 20603

Frequently Asked Questions

What type of property is this?
Shopping center - Anchors, junior anchor, and small shop spaces are available at a retail center with prominent Route 301 and Route 228 access.
Where is this shopping center located?
The property is located at 3022-3068 Festival Way Waldorf, MD.
What are key features of this property?
This property features: Retail center located at Route 301 and Route 228, the busiest intersection in Southern MD; High‑traffic access: Route 301 has 62,833 AAWDT and Route 228 has 36,973 AAWDT; Space available for anchor, junior anchor, and small shop tenants
(240) 482-3611 Call to check price and availability
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