116 Ritchie Rd - Freestanding FOR SALE


Capitol Heights, MD 20743
$2,200,000 USD
301-526-2584
116 Ritchie Rd, Capitol Heights, MD for Sale
$2,200,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

116 Ritchie Rd
Capitol Heights, MD 20743


HIGHLIGHTS

  • Freestanding 6,316 ± SF retail property positioned on 0.34 acres of land.
  • Located within a Prince George’s County Redevelopment Zone offering potential investment incentives.
  • Strong traffic visibility with over 22,000 vehicles per day and convenient freeway access.
  • Long-term credit tenant lease in place ensuring consistent revenue streams.
  • Proximity to major destinations including Northwest Stadium, Ritchie Station Marketplace, and Blue/Silver Line Metro Stations.
  • Excellent regional connectivity via I-495, I-95, and multiple Metro stations serving downtown Washington, DC.

OVERVIEW

This 6,316 ± SF freestanding retail building presents a rare investment opportunity in a highly accessible location within Capitol Heights, MD. Positioned on 0.34 acres, the property sits along a visible traffic corridor with more than 22,000 vehicles passing daily, ensuring consistent exposure for businesses. Zoned I-E (Industrial Employment), the site offers long-term flexibility for a variety of commercial uses under a favorable district that encourages economic development. The property is located in a Prince George’s County-designated Redevelopment Zone, which carries potential incentives and aligns with county plans for enhanced infrastructure and growth. Investors benefit from an established long-term credit tenant lease in place, supporting income stability and future upside potential. With proximity to major transportation routes, including I-495 and I-95, as well as nearby access to the Blue/Silver Metro lines, the location supports connectivity for both customers and employees while strengthening tenant draw. This is an advantageous acquisition offering sustained income and compelling appreciation prospects within a market targeted for growth.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$348 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,815 SF

ZONING

IE

APN/PARCEL ID

13-1536028

ASK ABOUT THIS PROPERTY

Terry RogersNAI The Michael Companies, Inc.More Info
301-526-2584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Terry RogersNAI The Michael Companies, Inc.More Info
301-526-2584

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.