Freestanding Restaurant
New
For Sale
$3,975,000
6820 Commerce St, Springfield, VA 22150
Occupied restaurant property with C-8 zoning, on-site parking, and redevelopment flexibility near multiple grocery anchors.
Property Size8,631 SF
Lot Size0.93 Acres
Price / SF$460.55
Days on Market2
Property Features for 6820 Commerce St
General Information
Standard status
Active
Size
8,631 SF
Total Parking Spaces
59
Lot size
0.93 Acres
Property subtype
Restaurant
Zoning
C-8
Occupancy
100%
Lease Type
NN
Additional Details
Cap Rate
6.43%
Land Use
commercial, restaurant
Amenities
• ±0.93-Acre Infill Pad in Highly Desired Springfield Market
• Near Term Covered Land Opportunity
• C-8 Zoning Provides Redevelopment Flexibility
• Surrounded by National Retailers – Whole Foods, ALDI, Lidl, Trader Joe's & Starbucks Within One-Mile
• Affluent Washington, D.C. Metro Demographics — $170,370 Average Household Income Within Three-Miles
Building Details
Building Size
8,631 SF
Buildings
1
Tenancy
Single
Parking Ratio
6.71 per 1,000 SF
Listed By:
Bei Liu · License #License(s): VA: 0225182368, DC: SP98376320, MD: 620601
(202) 536-3717
Source:
Marcusmillichap
Added: Sep 2
Last Checked: Sep 2 at 2:15PM
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 Bei Liu
Investment Insights
Based on property information with market context.
The property at 6820 Commerce St comprises an 8,631-square-foot freestanding restaurant building on approximately 0.93 acres. Blue Pearl Buffet occupies the premises under a lease extending through December 31, 2029, with 3% annual escalations, one five-year renewal option, and a personal guaranty. The property includes 59 parking spaces and is zoned C-8.
The site is positioned in front of an ALDI-anchored shopping center and across from a LIDL-anchored center. Other retailers within one mile include Whole Foods, Giant, Trader Joe’s, Starbucks, Paris Baguette, Truist, Capital One, and Wells Fargo. Nearby hotels include TownePlace Suites, Homewood Suites, Best Western, Motel 6, and Courtyard by Marriott.
Within three miles, the area has 116,117 residents and an average household income of $170,370. The five-mile population is 336,966, with an average household income of $165,981. C-8 zoning supports uses including general retail, restaurant, quick-service or drive-through, bank, day care, hotel or motel, educational, recreational, and religious facilities.
The site is positioned in front of an ALDI-anchored shopping center and across from a LIDL-anchored center. Other retailers within one mile include Whole Foods, Giant, Trader Joe’s, Starbucks, Paris Baguette, Truist, Capital One, and Wells Fargo. Nearby hotels include TownePlace Suites, Homewood Suites, Best Western, Motel 6, and Courtyard by Marriott.
Within three miles, the area has 116,117 residents and an average household income of $170,370. The five-mile population is 336,966, with an average household income of $165,981. C-8 zoning supports uses including general retail, restaurant, quick-service or drive-through, bank, day care, hotel or motel, educational, recreational, and religious facilities.
Key Highlights
- 8,631 SF freestanding restaurant building on approximately 0.93 acres
- 59 parking spaces; 6.71 spaces per 1,000 SF
- C‑8 zoning supports restaurant, retail, drive‑through, bank, hotel, educational, and other listed uses
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,092
Businesses Nearby
573k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 41%
Dining 25%
Shops & Services 23%
Hotels & Casinos 6%
Whole Foods Market
Groceries
55,628 visits/mo
0.3 miles
Giant
Groceries
54,060 visits/mo
0.2 miles
McDonald's
Dining
36,484 visits/mo
0.1 miles
Trader Joe's
Groceries
33,321 visits/mo
0.3 miles
Lidl
Groceries
30,248 visits/mo
0.0 miles
Demographics for 22150, VA
27,955
Population
9,695
Households
2.9
Avg Household Size
40
Median Age
45%
College-Educated
88%
High-School Grad
7.6 sq mi
ZIP Area
3,678
Density / Sq Mi
$120,406
Median Household Income
$47,412
Median Earnings
$2,631
Median Rent
$617,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Occupied restaurant property with C-8 zoning, on-site parking, and redevelopment flexibility near multiple grocery anchors.
Where is this conventional restaurant located?
The property is located at 6820 Commerce St Springfield, VA.
What is the asking price?
The asking price for this property is $3,975,000.
What are key features of this property?
This property features: 8,631 SF freestanding restaurant building on approximately 0.93 acres; 59 parking spaces; 6.71 spaces per 1,000 SF; C‑8 zoning supports restaurant, retail, drive‑through, bank, hotel, educational, and other listed uses
