Damascus Shopping Center
9815 Main Street, Damascus, MD, 20872, US
13,344 sm
Description
Jones Lang LaSalle is pleased to present the opportunity to acquire Herndon Centre - an 84,623 square foot shopping center in Herndon, VA. The Property is dual-anchored by Sprouts and LA Fitness (Signature Club) with a premier grocer and national tenant line-up providing a secure income stream via 7.2 years of WALT. Current Ownership fully redeveloped the Property in 2019, creating a best-in-class grocery anchored shopping center in an affluent, infill Northern Virginia location at the forefront of the AI and cloud computing revolution.
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Attributes
Building area net
7,862 sm
Occupancy
100%
WALT
7.2 years
Media
Investment highlights
- Best-In-Class Grocery-Anchored Product in an Affluent, Infill Northern Virginia Location at the Forefront of the AI and Cloud Computing Revolution
- Minimal CapEx Spend Required - $18.4 Million Invested in Capital Improvements During the Property's Full Redevelopment in 2019
- Premier Grocer and National Tenant Line-Up Providing a Secure Income Stream Via 7.2 Years of WALT
- Robust Demographics with $201K Average Household Income and a Population of 242K within a 5-Mile Radius
- Growing Submarket with a 12% 5-Year Projected Population Growth with Over 5,400,000 SF of Planned Mixed-Use Development in a ~1-Mile Radius
Contact brokers
Herndon Centre (0 Properties)
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Last updated
May 13, 2026
