For Sale > Somerset Crossing

7441 Somerset Crossing Gainesville, Virginia 20155

  • 104,128 Square Feet
  • Retail
  • For Sale

Summary Description

 

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

Features:

  • 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)
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