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308 Worth Ave
Stafford, VA 22556
DocStone Commons · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Top Caliber Anchor Tenancy in Outback and Navy Federal Credit Union
- Reliable Income Stream with Growing Cash Flow
- Economic Contribution of Marine Corps-Base Quantico
- Above Average Store Sales for Outback Steakhouse
- Recent Leasing Momentum
- Dominant Positioning in Stafford Trade Area
EXECUTIVE SUMMARY
KLNB Retail Capital Markets is pleased to announce for sale the fee simple interest in DocStone Commons, a 26,993 SF Strip Center shadow anchored by Home Depot and Giant in Stafford, Virginia. The asset is occupied by a seasoned tenant roster including Outback Steakhouse, Navy Federal Credit Union, Orangetheory Fitness, and Monster Golf with recent addition of Fatty’s Wing House. DocStone Commons is positioned in Stafford’s primary retail corridor, less than 1-mile from I-95 and caters to the rapidly growing corridor anchored by Marine Corps Base Quantico. 100% occupied, DocStone Commons offers a national rent roll and additional complimentary shopping center traffic drivers including Chick-fil-A, AutoZone, Petco, and Staples, all located in the larger DocStone Commons Shopping Center.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
26,993 SF
Building Class
B
Year Built
2004
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
3.25 AC
Zoning
B-2, County
Frontage
342’ on Worth Ave
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 20MM-10C | Improvements Assessment | $3,714,100 |
| Land Assessment | $1,983,300 | Total Assessment | $5,697,400 |
PROPERTY TAXES
Parcel Number
20MM-10C
Land Assessment
$1,983,300
Improvements Assessment
$3,714,100
Total Assessment
$5,697,400
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