New residential developments are planned or under construction in the immediate trade area

3003 Festival Way, Waldorf, MD 20601

The Shops at Waldorf Center is Southern Maryland’s premier, open-air retail destination located in the heart of affluent Charles County. The center is strategically situated at the busiest intersection in the area (228 & 301), which provides exceptional visibility resulting in a traffic count of more than 100,000 vehicles daily. Spanning nearly 500,000 square-feet, the center is anchored by national retailers, including ULTA, Michaels, PetSmart, DSW and LA Fitness. Just 30 minutes from Washington D.C. in the center of the D.C./Baltimore-Richmond corridor, Charles County boasts a trade area of more than 10 million. With a prime location, a strong demographic profile, and a compelling tenant mix, the center represents an excellent opportunity for retailers to achieve outstanding sales potential.

Prime
location

Optimally positioned at the intersection of 228 and 301, the two busiest highways in Southern Maryland.

Strong retail
trade area

The premier, open-air retail destination in Southern Maryland, nestled in the heart of bustling Charles County.

Compelling
tenant mix

Anchored by national retailers, including ULTA, Christmas Tree Shops, Michaels, PetSmart, and LA Fitness.

Growth potential

Over 60,000 square-feet of space, anchored by CVS and Panera Bread, is available for lease along Route 228. ​

Trade area highlights

20%

Growth in Charles County since 2000

40 miles

Proximity to the region’s federal and military facilities

28 miles

Distance to Washington, DC

3,542 employees

​ in the Charles County Public School system

Source: Map Traffic Counts @SitesUSA 2022

About Charles County

Compelling location:CNNMoney ranked Waldorf as one of its “Best Places to Live,” citing the city’s “welcoming vibe and safe streets” and affordable homes.

Key advantages:Charles County boasts affordable real estate, low relative taxes, and abundant recreational assets.

Unique culture:Charles County is known for its rich history, scenic outdoors, panoramic waterfront views, exceptional dining, excellent schools, and lower cost of living relative to the rest of the region.

Attractive corporate environment:​ Future job growth over the next ten years is predicted to reach 37.1%, which is higher than the US average of 33.5%. The Charles County region is made up of a potential labor force of almost 1.8 million within a 45-minute commute.

Stable employment market:The trade area is home to major employers including Southern Maryland Electric Company (SMECO) and Charles County Public Schools. ​

Demographics

70% True Trade Area

18-mile radius

Population

280,419

1.1M

Average annual income

$109,835

$123,240

Number of households

106,083

439,538

Median age

38

37

Bachelor degree+

31%

42%

*SOURCE: Demographics: Placer.ai Insights: Census 2021 (Last 12 Months) 5-7-23 through 5-7-24)

Site Plan

Contact us

Donna DiPeso

Senior Director of Leasing

561.807.1011

John-David W. Franklin, CRX CLS

SVP, Leasing

215.459. 2400

The Shops at Waldorf Center

3003 Festival Way

Waldorf, MD 20601

Disclaimer

© 2024. Avison Young. Information contained herein was obtained from sources deemed reliable and, while thought to be correct, have not been verified. Avison Young does not guarantee the accuracy or completeness of the information presented, nor assumes any responsibility or liability for any errors or omissions therein.