14930 Silver Trail Ln - Retail FOR SALE


Laurel, MD 20707
$7,205,450 USD
202-448-1716
14930 Silver Trail Ln, Laurel, MD for Sale
$7,205,450 USD
Retail - FOR SALE
1/4
null | 6% Cap Rate

14930 Silver Trail Ln
Laurel, MD 20707


HIGHLIGHTS

  • Long Term Leases
  • Attractive Rent Increases
  • Dynamic Corporate Tenant
  • Net Leases
  • Strategic Retail Location
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of a new construction Westside Strip Center, a five-tenant plaza located at 14930 Silver Trail Lane in Laurel, Maryland (the “Property”). The westside Strip Center is improved by Chipotle, Hibachi Express, Lecco Nail Bar, Cinnabon Swirl and Jersey Mike’s and contains 9,515 square feet on a 1.46-acre parcel of land. Each of the Tenants has an original ten-year lease with renewal options and all of the leases provide attractive rent increases throughout the primary lease terms and renewal options. The new construction strip center is extremely well located along Silver Trail Lane, adjacent to the intersection of Konterra Drive and Van Dusen Road. The Property enjoys outstanding frontage, visibility and access and is and is 0.4-miles from Interstate 95 and 1.5-miles from US Route 1, the area’s primary commercial corridor. The Property is part of a larger development that is home to Wawa, an adjacent strip center leased to Starbucks and Hangry Joe’s, and is surrounded by large apartment communities and densely populated residential neighborhoods that provide a captive customer base, and enjoys convenient access to the area hospital, several large Business and Technology campus’s, and a large industrial park, all of which drive traffic to the immediate area. Laurel enjoys a unique position roughly halfway between Washington, DC and Baltimore, MD, and its relative seclusion makes it an attractive option for commuters who work in either city but prefer a small-town environment. The close proximity to Fort Mead also makes Laurel a popular option for Department of Defense employees and military personnel seeking off-base housing.

FOR SALE DETAILS

PRICE

$7,205,450 USD

PRICE/SF

$757 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Westside Retail Strip

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

-

APN/PARCEL ID

10-5673864

ASK ABOUT THIS PROPERTY

Austin SmithHorvath & TremblayMore Info
202-448-1716

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Austin SmithHorvath & TremblayMore Info
202-448-1716

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