Kite Realty Group developed Fort Evans Plaza II, opening in 2008 at the intersection of Route 7 and Fort Evans Road in Leesburg, Virginia, within the International Pavilion area of Loudoun County. The publicly traded REIT continues to own and manage the property directly.
At roughly 213,058 sqft on a 29.43-acre site, the power center carries Marshalls, HomeGoods, RH Outlet and Ashley Home Store among its anchor tenants, alongside Crunch Fitness. Trader Joe’s signed on as a further grocery anchor, with Kite Realty’s own leasing team announcing the signing directly.
The property benefits from a notably affluent three-mile trade area, with average household income above $179,000, and sits along a high-traffic corridor carrying roughly 11,000 to 14,000 vehicles daily on the adjacent Battlefield Parkway and Fort Evans Road.
That affluent, off-price-and-fitness-anchored tenant mix, positioned at a high-traffic Loudoun County intersection roughly 35 miles from Washington, DC, reflects a common exurban power-center strategy: capturing high-income Northern Virginia commuter households with a value-and-convenience retail format rather than a fashion-anchored regional draw.
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