Starbucks opened a new 1,800‑square‑foot store at 22114 Gramercy Park Drive in Ashburn, Virginia, adjacent to the lobby of BLVD Flats in Loudoun Station. The opening took place on December 4, 2025, marking the second coffee‑house chain to operate within Comstock’s portfolio.
The new location follows the Reston Station Starbucks at 1908 Reston Metro Plaza and expands the mix of high‑profile tenants that drive foot traffic and support the mixed‑use concept at Loudoun Station, the county’s first and only Metro‑connected development.
Comstock’s management highlighted the addition as a key milestone in its strategy to create vibrant, community‑driven destinations. COO Tim Steffan said the store “adds yet another best‑in‑class retail offering for the growing community and supports our long‑term mission to make Loudoun Station a vibrant place to live, work, and gather.”
The opening comes at a time when Comstock’s financial performance remains strong. In Q3 2025, the company reported revenue of $13.3 million, up 3 % year‑over‑year, and earnings per share of $0.054, a decline from $0.24 in Q3 2024 but still reflecting a 127.8 % year‑over‑year earnings growth. The company’s net profit margin of 24.9 % in the most recent quarter underscores the effectiveness of its asset‑light, fee‑based model.
The addition of Starbucks is expected to boost foot traffic and support higher rental rates for surrounding tenants, reinforcing the value of the Loudoun Station portfolio. The company’s focus on recurring fee‑based revenue from property and asset management, combined with strategic tenant placements, positions it to capture long‑term value from the development.
Other tenants, such as Curry Pizza House, Juleps Kentucky Tavern, and D1 Training, are also expanding at Loudoun Station, further diversifying the mix and enhancing the destination appeal. The Starbucks opening signals continued momentum in the development’s tenant pipeline and supports Comstock’s broader growth strategy.
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