For Sale > Somerset Crossing
7441 Somerset Crossing Gainesville, Virginia 20155
- 104,128 Square Feet
- For Sale
Colliers International, as exclusive advisor, is pleased to offer for sale the 100% fee simple interest in Somerset Crossing Shopping Center ("Somerset Crossing", or the "Property") – a 104,128 square foot retail center located in Gainesville, Virginia’s, a highly desirable Washington, D.C. suburb. Just west of the I-66/Rte.29 interchange, Somerset Crossing boasts exceptional access to the entire Northern Virginia and Washington D.C. market. Rte. 29 is a major commuter corridor with a high traffic count of 59,000 vehicles per day.
Constructed in 2003, Somerset Crossing serves a high-growth, affluent market with easy access and excellent visibility. It is currently 94% leased to a roster of national, regional and local tenants including restaurants, personal services, and fitness uses. Household incomes in the area exceed $152,000 in a 5-mile radius.
This is a rare opportunity to purchase a stabilized retail shopping center asset in highly desirable Northern Virginia/Washington D.C. Metro market.
Lot Size: 12.89 Square Feet
Building Size: 104128 Square Feet
Area Available: 104,128 Square Feet
- Shopping Center for Sale in affluent suburban Northern Virginia/Washington D.C. market
- Strong traffic counts at signalized intersection
- Good co-tenancy with Wells Fargo, Glory Days Grill & Bonefish Grill
- 104,128 SF that is 94% leased in dense retail trade area
- Built in 2003
- *Leased to SFW through 2023 (dark)