1475 Stafford Market Pl Stafford, VA 22556
- Lifestyle centers
- 800,000 SF
Current Use by Public Records
- Al Basha Grill - مطعم الباشا / Middle Eastern Restaurant / Lebanese Restaurant
- Al Basha Grill (Halal Certified) / Middle Eastern Restaurant / Restaurant
- Kung Fu Tea (Stafford) / Restaurant / Tea Store
Property Details for 1475 Stafford Market Pl
- Property size
- 800,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional retail opportunity is located within the Stafford Marketplace, an 800,000 square foot power center. A significant 30,903 square foot anchor space is currently available. The property benefits from its location in Stafford County, consistently ranked among the top 20 wealthiest counties in the United States, boasting a median household income of $119,818 and holding the position of Virginia's fourth wealthiest county. This affluent community demonstrates robust population growth, approximately 1.7% annually, outpacing regional trends, and features a substantial millennial population exceeding 139,000. The area's highly educated populace, with 45% possessing a bachelor's degree or higher (or military equivalent), contributes to a strong consumer base. Further solidifying the market's strength is a thriving residential sector, reflected in a median home listing price of $569,500, exhibiting a 7.8% year-over-year increase. This prime retail space presents a unique investment opportunity within a high-performing and rapidly growing market. The substantial square footage offers significant potential for a variety of retail uses.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stafford
- County
- Stafford
- State
- Virginia
- Longitude
- -77.4124
- Latitude
- 38.4717
