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


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