The former Champps restaurant at Plaza America is close to becoming Reston’s version of a white elephant.
The 11,963-square-foot space remains unoccupied since Champps closed in October of 2014. That makes it Reston’s longest and largest commercial vacancy. Added bonus — the smaller adjacent spot, which formerly housed Saladworks, is now also for rent.
So what gives? The property is actively being marketed by CBRE. It’s in a prime location. Marketing materials highlight these demographics:
- Underserved retail market within 3 miles where demand exceeds retail sales annually by an estimated $984 million
- Strategically located off Dulles Toll Road with over 117,894 VPD and access to over 255,042 VPD in 1/4 mile
- Strong daytime population of 37,869 within 1 mile and average incomes above $119,600
Rental rates per square foot are not made available in the marketing materials and representatives marketing the property generally won’t comment on why no tenant has signed.
A lot of retail and restaurant can fit into close to 12,000 square feet and a lot of money is available to be spent at a shopping plaza that includes a Whole Foods, a Starbucks and generally upscale retail.
So, for the 23rd month, what do you think should fill this space?
The Town of Vienna has now committed about a third of the $7 million bequeathed by late councilmember Maud Robinson for building sidewalks to specific projects. As of Aug. 2,……
While school doesn’t officially start until Aug. 22, The Water Mine at Lake Fairfax will wind its summer operations down a week early this year, beginning Monday (Aug. 18). The…
People walk by Caffi Field, a football field in Vienna (staff photo by Angela Woolsey) Driver in Fatal Franconia Crash Charged With Manslaughter — Sara Flores, 20, of Lorton was…