Fredericktowne Crossing

240 Elizabeth Drive Stephens City, VA 22655

240 Elizabeth Drive, Stephens City, VA, 22655
Main Photo
240 Elizabeth Drive, Stephens City, VA, 22655
Property Type:
Neighborhood Center
Last Verified:
Jun 19, 2020


  • Dominate Grocery anchored center
  • Assorted spaces in line and out parcel
  • One space with drive thru window and outside seating
  • Two pad sites available for development
  • $14.00psf Lease Rate with Ground Lease rate of $1.50psf.


Martin’s Grocery anchored center is located in the heart of the Central Business District along busy Fairfax Pike. We have available; 1,200sf space with drive thru and outside seating located at the entrance to the center and adjacent to the newly expanded Virginia ABC. We have the following in line space available; 1,200sf, 1,500sf, and 1,772 end cap space. Retail, office, medical and restaurant are all acceptable uses in the center. Large Pylon sign brings your shopping center presence to the street along Fairfax Pike. We also have a two acre out parcel for development offered for ground lease @ $1.50psf NNN or possibility of purchasing as well. May consider sub-division to two one acre parcels.

Stephens City has developed into a bedroom community close to Winchester with much of its growth in young families, boasting a population of nearly 30,000 people with an average household income in excess of $70,000. The area is serviced by two grocery anchored shopping centers; Martins and Food Lion. The area has had several smaller community centers open to service the pockets of residential development. Stephens City is easily accessible from I-81 at exit #307 or from Rt. #522. It is poised for continued growth and additional services will be required.

Year Built: 2006
Building Size: 86018.0sq ft
Lot Size: 16.08 acres

Units for Lease

240 Elizabeth Drive
Space Available: 1200 SF
Lease Type: NNN

Price Per Sqft/Year: $14.0
228 Elizabeth Drive
Space Available: 1500 SF
Lease Type: NNN

Price Per Sqft/Year: $12.0
240 Elizabeth Drive
Space Available: 1772 SF
Lease Type: NNN

Price Per Sqft/Year: $14.0

Map of 240 Elizabeth Drive, Stephens City, VA, 22655

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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