Damascus Shopping Center
9815 Main Street, Damascus, MD, 20872, US
143,631 sf
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.
...
Attributes
Building area net
84,623 sf
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)
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
May 13, 2026
