Located 20 miles south of downtown Washington, D.C., the property is positioned with excellent access and visibility along Crain Highway (55,220 VPD), which intersects with Interstate 495 (192,370 VPD; 16 miles north) and provides direct access to Richmond (80 miles south). Carrabba’s is immediately adjacent to Cracker Barrel and Hampton Inn (100 rooms), and is directly across from the 400,000-square-foot St. Charles Towne Plaza shopping center. The center is anchored by Ashley Furniture HomeStore, Big Lots, K&G Fashion Superstore, Value City Furniture and Dollar Tree, and is further occupied by GameStop Prestige, Subway, Catherines, Citi Trends, National Tire & Battery, Burger King, Panda Express, Bruster’s Ice Cream, UPS and Wingstop, among others.
The site benefits from its position within Waldorf’s dominant retail and commercial corridor with 5.8 MSF of retail, 1.7 MSF of office, 2.6 MSF of industrial, and 4,264 multifamily units within a 3-mile radius. Serving the southern suburbs of Washington. D.C, the corridor is highlighted by the presence of the 980,000-square-foot St. Charles Towne Center shopping mall—Southern Maryland’s only regional mall which features anchors such as Macy’s, Macy’s Home, JCPenney, Kohl’s and Dick’s Sporting Goods. The mall is also home to Old Navy, H&M, New York & Company, Zales, Finish Line, Bath & Body Works, Victoria’s Secret, Hallmark and Express Factory Outlet, to name a few.
Other major retailers within the immediate vicinity include Target, Hilton Garden Inn (130 rooms), AMC Theatres, Burlington, Bed Bath & Beyond, Books-A-Million, Best Buy, PetSmart, Michaels, Ross Dress for Less, Bob’s Discount Furniture, Food Lion, Panera Bread, Chick-fil-A, Pep Boys, Red Lobster, McDonald’s and Buffalo Wild Wings.
The property further benefits from dynamic demographics with a population of 63,500 and an average household income of $105,052 within a 3-mile radius.