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2303 Forest Dr
Annapolis, MD 21404
The Festival At Riva Road · Retail Property For Lease · 13,789 SF

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HIGHLIGHTS

  • Located at the high-traffic intersection of Forest Drive and Riva Road
  • Anchored by Giant, T.J. Maxx, Petco, Michaels, and Five Below
  • Surrounded by affluent neighborhoods with household incomes over $160K
  • Dense daytime population of 27,000+ within one mile

PROPERTY FACTS

Total Space Available 13,789 SF
Center Type Community Center
Parking 1405 Spaces
Stores 58
Center Properties 7
Frontage 633’ on Forest Dr
Gross Leasable Area 302,843 SF
Total Land Area 120.77 AC
Year Built 1987
Cross Streets Riva Rd

ABOUT THE PROPERTY

Located at the bustling intersection of Forest Drive and Riva Road in Annapolis, Maryland, Festival at Riva is a premier community shopping center offering a dynamic mix of national retailers and local favorites. With 1,000 to 8,147 square feet currently available, this center presents a prime opportunity for businesses seeking visibility and foot traffic in one of the region’s most affluent and active retail corridors. Anchored by household names such as Giant Food, T.J. Maxx, Michaels, Petco, and Five Below, the center benefits from a strong co-tenancy that drives consistent consumer engagement. The surrounding area boasts a dense daytime population of over 27,000 within a one-mile radius and household incomes exceeding $166,000, making it an ideal location for retailers targeting high-income demographics. Strategically positioned with direct access to Route 2 (Solomons Island Road) and Route 50, Festival at Riva enjoys excellent connectivity to the greater Annapolis region and beyond. The site is surrounded by a robust retail ecosystem, including Annapolis Mall, Trader Joe’s, Whole Foods, and Target, further enhancing its draw as a shopping destination. The center’s layout includes a diverse mix of tenants such as Ceremony Coffee, MOD Pizza, Panera Bread, Sprint, and Paul Mitchell the School, creating a vibrant atmosphere that appeals to families, professionals, and students alike. With multiple spaces available, including high-visibility units along Riva Road and Forest Drive, Festival at Riva is ready to welcome new tenants seeking growth in a thriving market.

  • Listing ID: 30633867

  • Date on Market: 2025-05-27

  • Last Updated:

  • Address: 2303 Forest Dr, Annapolis, MD 21404

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