Damascus Shopping Center
9815 Main Street, Damascus, MD, 20872, US
13,344 sm
Description
JLL has been retained to represent the seller in the disposition of The Shops at West Falls Church – an 85,265 square foot Safeway-anchored shopping center. The property is 100% leased and positioned in a premier Northern Virginia submarket – Falls Church – one of the most affluent communities in the country. The Property has strong leasing tailwinds and presents investors with a stabilized cash flow with embedded near-term value-add opportunities.
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Attributes
Building area net
7,921 sm
Occupancy
100%
Media
Investment highlights
- 100% Occupied Safeway-Anchored Shopping Center in One of Northern Virginia's Most Desirable Submarkets
- Safeway has Operated on a Ground Lease Since 1980 - Minimizing Future Capital Expenditure
- Strong Leasing Momentum: 7 Tenants Totaling 19,577 SF Have Signed New Leases Since 2023
- 74% of GLA and 59% of Rental Revenue Derived from National Tenants
- 3.1% 10-Year NOI CAGR
Contact brokers
The Shops at West Falls Church (0 Properties)
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Last updated
Apr 20, 2026
