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Prime Retail Pad Site Opportunity
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45990 Waterview Plaza, Sterling, VA 20166

High-visibility pad site on Route 7 in Sterling, Virginia.

Space Size8,198 SF
Days on Market282

Property Features for 45990 Waterview Plaza

General Information

Standard status Active
Size 8,198 SF
Property subtype Retail

Building Details

Building Size 8,198 SF
Buildings 1
Stories 1

Spaces For Lease

at 45990 Waterview Plaza Contact us

Space A

Size
8,198 SF
Type
Free Standing Building
Term
Negotiable
Rate
Contact for pricing
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Listing Agency: Lincoln Property Company | Arlington
Listed By: Eamon McCrann
Source: Lpc
Added: Nov 25, 2025 Changed: Sep 3 Last Checked: Aug 8 at 4:03AM

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 Lincoln Property Company | Arlington

Investment Insights

Based on property information with market context.

This pad site offers excellent visibility on the eastbound side of Route 7, across from Aldi, Mission BBQ, Chipotle, and other businesses. The trade area includes over 4 million square feet of regional, super-regional, and power centers, along with new developments such as the Overlook at Cascades and the redeveloped Cascades Marketplace. Loudoun Tech Center, with over 50,000 vehicles per day, a daytime population of 40,000, and nearly 30,000 rooftops within a 10-minute drive, is at the epicenter. The site features building signage and is located at the entrance of Route 7 to Loudoun Tech Drive. The property offers a potential redevelopment opportunity for either a single-use building or a multi-tenant structure with two or three end users, with a preference for non-food uses. The location is along Route 7 in the Dulles area of Sterling, Virginia, near Olive Garden, Sweetwater Tavern, Extended Stay America, and Loudoun Tech Center, which contains over 2 million square feet of office and light industrial space. The lease term would be 10-20 years with two 5-year options. The target delivery/opening is 2024. The property size is 8198 square feet.

Key Highlights

  • Excellent visibility on Route 7, eastbound side.
  • Located in a high‑traffic area with over 50,000 vehicles per day.
  • Proximity to Loudoun Tech Center with a large daytime population and residential density.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Electrical Service Parking Lot & Garage Storage Facility HVAC Service

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

1,952
Businesses Nearby
182k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 60% Shops & Services 22% Groceries 12% Apparel 4%
McDonald's Dining
25,110 visits/mo 0.5 miles
Aldi Groceries
22,451 visits/mo 0.2 miles
Olive Garden Dining
20,956 visits/mo 0.1 miles
KFC Dining
13,566 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
13,170 visits/mo 0.2 miles

Demographics for 20166, VA

14,164
Population
5,300
Households
2.7
Avg Household Size
34
Median Age
66%
College-Educated
93%
High-School Grad
27.2 sq mi
ZIP Area
521
Density / Sq Mi
$135,246
Median Household Income
$71,855
Median Earnings
$2,227
Median Rent
$576,400
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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Frequently Asked Questions

What type of property is this?
Retail space - High-visibility pad site on Route 7 in Sterling, Virginia.
Where is this retail space located?
The property is located at 45990 Waterview Plaza Sterling, VA.
What are key features of this property?
This property features: Excellent visibility on Route 7, eastbound side.; Located in a high‑traffic area with over 50,000 vehicles per day.; Proximity to Loudoun Tech Center with a large daytime population and residential density.
More about this property
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