Coldwell Banker Commercial Elite is pleased to announce that they have negotiated the sale of a 4+ Acre parcel in Spotsylvania County for $3.071 million. The parcel was sold to Lidl, a European Grocery Retailer, who plans to build a 36,000 SF grocery store on the site located at the intersection of Gordon Road and Route 3.
J.R. Burdette and Jonathan Gardner of Coldwell Banker Commercial Elite represented the seller, Henderson Properties, in the land transaction. A 1.44 Acre Pad Site remains available at the location adjacent to where Lidl will build.
This will be the second confirmed store site purchased by Lidl in Spotsylvania County. In August, Lidl closed on a two-acre parcel in Southpoint II across Southpoint Parkway from Lowe’s and adjacent to 7–Eleven. The company is looking to enter into the U.S market with its first stores planned in Virginia and expected to open no later than 2018.
In June this year Lidl also purchased an 82-acre parcel to build a major distribution warehouse in Spotsylvania County. The distribution warehouse in Spotsylvania County is planned to be approximately nearly 1 million SF and cost around $125 million. The facility is also projected to provide 200 local jobs.
