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Retail Space in Waldorf, MD
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3082-3088 Festival Way, Waldorf, MD

Retail spaces available at a busy intersection in Waldorf.

Property Size1,307 SF
Lot Size48.25 Acres
Days on Market1229

Property Features for 3082-3088 Festival Way

General Information

Standard status Active
Size 1,307 SF
Lot size 48.25 Acres
Property subtype RETAIL
Listing Agency: H&R Retail - Washington, DC
Listed By: Ray Schupp · License ##0225077939
Source: Moodyscre
Added: Mar 20, 2023 Changed: Jul 10 Last Checked: Jul 21 at 4:22AM

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.

Located at the intersection of Route 301 and Route 228, this retail property offers high visibility and accessibility. Route 301 sees an average of 62,833 vehicles daily, while Route 228 sees 36,973. The property currently offers anchor, junior anchor, and small shop spaces. Co-tenants include 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. Future expansion plans include an additional 60,000 square feet. Available spaces start at 1,307 square feet.

Key Highlights

  • Located at the busiest intersection in Southern MD (Route 301 and Route 228) with high visibility and access.
  • Future expansion of 60,000 square feet.
  • Anchor, junior anchor, and small shop space available.

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

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

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

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

Frequently Asked Questions

What type of property is this?
Shopping center - Retail spaces available at a busy intersection in Waldorf.
Where is this shopping center located?
The property is located at 3082-3088 Festival Way Waldorf, MD.
What are key features of this property?
This property features: Located at the busiest intersection in Southern MD (Route 301 and Route 228) with high visibility and access.; Future expansion of 60,000 square feet.; Anchor, junior anchor, and small shop space available.
(240) 482-3611 Call to check price and availability
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