3550 Donnell Dr - Storefront FOR SALE


Forestville, MD 20747
$4,130,000 USD
202-286-1542
3550 Donnell Dr, Forestville, MD for Sale
$4,130,000 USD
Storefront - FOR SALE
1/9
null | 6.35% Cap Rate

3550 Donnell Dr
Forestville, MD 20747


OVERVIEW

• Brand new redevelopment with $1M+ buildout & improvements • 10-year Net Leases with 2% annual rent increases • Tenants pay management and administrative fees • New Roof with warranty • Fully depreciable, two-tenant investment property • Within the vibrant Penn Mar Shopping Center, one of the top performing community centers in the USA • Located at Forestville’s 58,500 VPD retail hub with Target, Walgreens, Raising Cane’s, Starbucks, Shoppers, Wendy’s, Taco Bell, Five Below, JC Penny and more • 5-mile trade area population of over 286,000 • 26 Minutes from Ronald Reagan Washington National Airport and Washington DC • $106,404 average household income within a 3-mile radius

FOR SALE DETAILS

PRICE

$4,130,000 USD

PRICE/SF

$830 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Smoothie King Drive-Thru & Mattress Firm

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

CGO

APN/PARCEL ID

06-0586396

ASK ABOUT THIS PROPERTY

Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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Andrew FallonSRS Real Estate PartnersMore Info
202-286-1542

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