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9020 Lorton Station BlvdLorton, VA 22079
Lorton Station Town Center
Asset ClassRetail
Owned SF51,806
% Leased: 94.8%# Tenants: 16Access Data Room
ESSENTIAL RETAIL IN A DYNAMIC TRANSIT-ORIENTED, MIXED-USE ENVIRONMENT OFFERING DURABLE CASH FLOW
overview of deal

Overview

Cushman & Wakefield, as exclusive advisor, is pleased to offer for sale Lorton Station Town Center (the “Property”), a necessity based, transit-oriented retail center located in Lorton, Virginia, one of D.C.’s most desirable and affluent suburbs. Comprising 51,806 SF and 95% leased, Lorton Station Town Center benefits from its ideal location in the heart of a transit-oriented, mixed-use community adjacent to the Lorton Station VRE (Virginia Railway Express). The Property is surrounded by mature single-family and multifamily communities, in addition to complementary medical buildings, that drive strong consumer demand and steady foot and vehicular traffic to the Property.

 

The center features a synergistic mix of food and beverage, service, and medical offerings, with several long-term tenants and 11+ years of average tenant tenure. This irreplaceable Property benefits from a lack of competitive supply and tight market vacancy, resulting in market rent growth of 3.5% and consistently high occupancy, averaging 93% over the past 5-years. Future ownership will continue to benefit from Lorton Station Town Center’s central location in an affluent, supply-constrained submarket within the Washington, DC region’s strongest and most desirable market – Fairfax County.

Investment Highlights

- Located Within Dynamic Lorton Station Mixed-Use Environment

- Positioned in the Heart of a Dense, Affluent, & High Barrier to Entry Market

- Diversified Cash Flow from Complementary Roster of Necessity Based Tenants

- Strong Northern Virginia Economy with Significant Demand Drivers Nearby

- Thriving, Supply-Constrained Retail Submarket with Negligible Vacancy

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9020 Lorton Station BlvdLorton, VA 22079

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